United Kingdom · Who invested in Smarkets?
Smarkets's investors include Passion Capital, Deutsche Telekom Strategic Investments, Stefan Glaenzer and Tom Hulme.
2008201020122014201620182020
$200KSeed$210KSeed?Seed$2.3MSeries A$10MSeries B
United Kingdom · Series B startup
Who invested in Smarkets
Funding summaryUpdated 26 Oct 2026
$13Mraised across 5 rounds since 2008, from 5 sources
$200KSeed$210KSeed$2.3MSeries A$10MSeries B
- Latest round
- Series B, $10MMay 2021
- Step-upi
- 4.5×
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $200K May 2008
- Biggest round
- $10M Series B · May 2021
- Usual gap between rounds
- 3.1 years the median of 4
The rounds
- May 2021Series B$10M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
- Feb 2013
- Jan 2010
- Apr 2009
- May 2008
Funding filed with regulators
Smarkets filed one raise, $10M in all. Filings say how much was sold and to how many investors; they never name the investors.
- May 2021$10MUK share allotment
Founders and team
From Smarkets's own website: 8 on the team.
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Seed2008Seed2009Seed2010Series A2013Series B2021
Passion Capital
Deutsche Telekom Strategic InvestmentsStefan Glaenzer
Tom Hulme
Passion CapitalDeutsche Telekom Strategic InvestmentsStefan GlaenzerTom HulmeEveryone who backed them
Stefan GlaenzerVC firm1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Smarkets
How much has Smarkets raised?
Smarkets has raised $13M across 5 rounds since 2008. One round did not disclose an amount, so the total is a floor.
When did Smarkets last raise?
Smarkets's most recent round was a Series B of $10M in May 2021.
What was Smarkets's biggest round?
Its most recent round, $10M in May 2021, is also its largest on record.
Who backed Smarkets first?
Smarkets's first round on record, in Jan 2010, was backed by Stefan Glaenzer and Tom Hulme.
What stage is Smarkets at?
Smarkets's latest named round is a Series B, in May 2021.
Where is Smarkets based?
Smarkets is based in the United Kingdom.
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