
83North
5 Golden Square, 5th Floor, London, W1F 9BS, United Kingdom
Overview
83North is a global venture capital firm with more than $1.8B million under management. The firm invests across all stages of consumer and enterprise companies and backed some of the fast-growing category leaders. 83North has two main offices in London and Herzliya.
- Total investments
- 149
- Lead investments
- 53
- Investments · 12mo
- 2
- Active investors
- 0
Sector focus
- Consumer
- Financial Services
- Venture Capital
Investment portfolio
- Ebury
Participated · Equity · May 2026
Ebury provides cross-border payments and foreign-exchange services for small and medium-sized enterprises. The company operates with regulatory reach across 30 markets and maintains an established technology stack to support multi-currency and cross-border workflows. Ebury plans to use the recent financing to scale operations, develop new products, expand into additional geographies, and strengthen AI capabilities for payment processing and FX optimisation. Santander will remain the majority shareholder with a 55% stake and will continue to account for Ebury as its primary SME cross-border payments platform prior to the contemplated accounting change. The funding transaction includes both primary and secondary components and is being completed in two closings subject to regulatory approvals, expected by Q1 2027. The round also brings Centerbridge Partners into the shareholder base alongside existing investors such as Vitruvian Partners and 83North.
- Orbem
Participated · Series B · Jan 2026
Orbem has developed a proprietary MRI platform combined with artificial intelligence that can scan biological items in under one second without human intervention, allowing industrial-scale, non-invasive quality assessment. In the poultry sector, the system has already analyzed more than 170 million eggs, offering an alternative to chick culling and improving sustainability. The company is now broadening its “Vertical AI” capabilities to fruit and vegetable inspection, enabling producers to detect internal defects in items like avocados and mangoes without cutting them open. Beyond food, Orbem aims to ‘industrialize MRI’ for human healthcare and is assembling what it calls the world’s largest biological imaging dataset to unlock new medical insights. Fresh capital will support global expansion, with priority given to the U.S. market via a new Houston office, while continuing product development. Orbem claims to be the first—and so far only—company to demonstrate MRI at this speed and scale, positioning itself as a leader in fast, automated biological imaging.
- Pelico
Participated · Equity · Jun 2025
Founded in Paris in 2019 by Tarik Benabdallah, Mamoun Alaoui and Jonathan Hickson, Pelico builds a manufacturing orchestration platform deployed by global manufacturers including Boeing, Safran and Daikin. The platform provides a single operational picture for factory teams to anticipate disruptions, prioritize work and accelerate execution, with reported impacts such as a 40% reduction in parts shortages, 15% improvement in on-time delivery and 40% shorter cycle times. Pelico is also used in aerospace sustainment, notably by Boeing Global Services, to connect planning, supply and execution in complex maintenance and repair operations. Following the strategic investment from AE Ventures, Pelico plans to scale its presence across North America and deepen integration with aerospace and defense OEMs, suppliers and operators. The company emphasized partnership-driven growth through access to AE Industrial Partners' network and portfolio companies.
- Speedata
Led · Series B · Jun 2025
Speedata builds a purpose‑built analytics processing unit (APU) designed to address compute-level bottlenecks in data analytics and AI workloads. Its APU currently targets Apache Spark and the company says its roadmap includes supporting every major data analytics platform. The company was founded in 2019 by six founders, some of whom were early researchers in Coarse‑Grained Reconfigurable Architecture (CGRA) technology, and collaborated with ASIC design experts to bring the research to silicon. Speedata says a single APU can replace racks of servers and cites a pharmaceutical case where the APU completed a workload in 19 minutes versus 90 hours on a non-specialized processor (a 280x improvement). Since the last fundraising it finalized the design and manufactured its first APU in late 2024, moving from FPGA testing to working hardware. The startup reports enterprise customers testing its APU and is preparing a public product launch at Databricks' Data & AI Summit while scaling go-to-market operations. Speedata is a Netanya, Israel–based maker of an Analytics Processing Unit (APU) designed to accelerate big data analytic workloads across industries. Its dedicated accelerated processor is built to optimize datacenter and cloud-based database and analytic workloads. The APU is designed to improve performance while reducing costs, power consumption and space for cloud providers, enterprises, private datacenters and technology providers. The company intends to use the new funding to continue expanding operations and its business reach. Speedata was founded by Jonathan Friedmann, Dan Charash, Rafi Shalom, Itai Incze, Yoav Etsion and Dani Voitsechov. To date the company has raised $70M in total, including a $55M Series A and a previously undisclosed $15M seed round.
- Vertice
Participated · Series C · Jan 2025
London-based Vertice offers an AI-powered SaaS spend and procurement platform that analyzes software and cloud usage to optimize purchasing. The company has built a "large software procurement model" that ingests contracts and usage data (it says it has ingested about $3.4 billion of SaaS and cloud spend and benchmarks over 16,000 vendors) to provide pricing insights, recommendations and purchase co-pilots. Customers number in the hundreds across Europe, the U.S. and Asia Pacific and include ASML, Euronext, Grant Thornton and Santander. Vertice says its product typically halves purchasing cycle times and delivers savings of 20–30%. Founded less than three years ago, the business has grown 13x since inception and has now raised around $100 million, including a new $50 million round. CEO Roy Tuvey says the company plans to expand its vision to standardize how companies buy anything, not just software and cloud. Founders Roy and Eldar Tuvey previously founded ScanSafe (sold to Cisco in 2009 for $200 million) and Wandera (acquired by Jamf in 2021 for $400 million). Vertice offers a platform combining automation, human evaluation and AI to give finance teams visibility into SaaS and cloud spend, centralized approvals, usage trends and security/compliance alignment. It currently tracks AWS cloud usage and alerts customers to inefficient or overlapping purchases, with plans to add Azure and GCP in the near future. The product is used by hundreds of customers and tracks more than $1 billion of customer spend through the platform. Vertice emphasizes both cost optimization and security posture, reflecting the founders’ background in IT security. Financially, the company reports annual recurring revenues in the double-digit millions and ARR grew seven-fold in 2023; the startup now has a valuation in the “hundreds of millions of dollars.” Vertice provides a platform designed to help businesses intelligently reduce annual SaaS spend by 20–30% and streamline the purchasing and renewal process. The company emerged from stealth to address rising SaaS costs and complex renewal schedules. Founded in 2021 by brothers Roy and Eldar Tuvey, Vertice targets enterprise pain points around managing and optimising SaaS portfolios. The platform is positioned against a market where global annual SaaS spend was projected to surpass $145 billion in 2022 (Gartner). Vertice plans to use its new funding to accelerate expansion of its engineering and commercial teams and drive revenue growth. Co-CEO Eldar Tuvey highlights the company’s focus on reducing friction and costs associated with managing SaaS renewals.
Team
No current team members are available.