The Venture Codex Logo

The Venture Codex

Concentric

18 Balderton Street, London, W1K 6TG, United Kingdom

Overview

Invests in software-driven technology businesses solving real problems.

Founded

2013

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Bulgaria
Norway
United Kingdom

Sector focus

Finance
Financial Services
FinTech
Internet
...

Investment portfolio

21rounds
NAMEDATESIZE
Paypercut
Jun 2026Led
$6 MSeed
Paypercut
Jul 2025Led
$2 MSeed
Aeon
Jun 2025Led
$10 MSeed
Thingtrax
Jul 2023Led
$6 MSeries A
Unaric
Jun 2023Participated
$35 MDebt
Superscript
Jan 2023Participated
$55 MSeries B
Insly
Sep 2022Participated
$1 MOther Equity
BVNK
May 2022Participated
$40 MSeries A
Contingent
Mar 2022Participated
$8 MOther Equity
Memory
Jun 2021Participated
$14 MOther Equity
Tesseract
Jun 2021Participated
$25 MSeries A
Insly
Jan 2021Participated
$2 MSeed
Paypercut
Jun 2026Led
$6 MSeed
Paypercut
Jul 2025Led
$2 MSeed
Aeon
Jun 2025Led
$10 MSeed
Thingtrax
Jul 2023Led
$6 MSeries A
Unaric
Jun 2023Participated
$35 MDebt
Superscript
Jan 2023Participated
$55 MSeries B
Insly
Sep 2022Participated
$1 MOther Equity
BVNK
May 2022Participated
$40 MSeries A
Contingent
Mar 2022Participated
$8 MOther Equity
Memory
Jun 2021Participated
$14 MOther Equity
Tesseract
Jun 2021Participated
$25 MSeries A
Insly
Jan 2021Participated
$2 MSeed
21
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Concentric: 21 funding rounds are recorded in the selected participation categories.All available history.
Concentric: 21 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed32
Series A13
Series B11
Other Equity63
Debt01

Monthly Deal Activity

Concentric: 21 deals are recorded across 117 months.All available history.
Concentric: 21 deals are recorded across 117 months. All available history
MonthDeals
Feb '171
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '181
Apr '180
May '180
Jun '180
Jul '181
Aug '180
Sep '180
Oct '182
Nov '180
Dec '180
Jan '190
Feb '191
Mar '190
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '211
Feb '210
Mar '210
Apr '210
May '210
Jun '212
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '221
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '231
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '251
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Concentric: Fintech is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Concentric: Fintech is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Fintech11
Enterprise Software5
Networks, Cloud & Communication4
Data, Analytics & IT3
Transportation & Logistics3
Crypto & Blockchain3
AI & Machine Learning3
Education & Workforce2
E-Commerce & Retail2
Marketing & Advertising2
Health & Life Sciences2
Professional Services2
Social & Community Platforms2
Real Estate & Construction1
Consumer & Lifestyle1
Food & Agriculture1
Developer Tools1

Deal Size Distribution

Concentric: 21 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Concentric: 21 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M9
$5M-$10M5
$10M-$25M3
$25M-$50M3
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Concentric: Europe has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Concentric: Europe has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
Europe18
Ec3m 1bd2
United States1
Concentric: 20 co-investors are shown, with Seedcamp sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Concentric: 20 co-investors are shown, with Seedcamp sharing 4 recorded deals. All available history
Co-investorShared deals
Seedcamp4
Angel Invest2
Beazley2
Connect Ventures2
Investinor2
London Co-Investment Fund2
Passion Capital2
Portfolio Ventures2
UNIQA Ventures2
500 Global1
Arāya Ventures1
Ascension1
Atami Capital1
Atempo Growth1
Augmentum Fintech1
Avenir1
Base Capital1
BHL Holdings1
BHL UK1
Black Pearls VC1

Investment Strategy

Concentric: Led accounts for 52% and participating for 48% of round participation.All available history.
Concentric: Led accounts for 52% and participating for 48% of round participation. All available history
CategoryDeals (count)Share (%)
Led1152%
Participating1048%
Concentric: Single-lead accounts for 64% and co-led for 36% of lead dynamics.All available history.
Concentric: Single-lead accounts for 64% and co-led for 36% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead764%
Co-led436%

Team

Alexander Mann

Principal

Alexander Stroud

Principal

Denis Shafranik

Partner & Co-Founder

Ilya Belyaev

Venture Partner

Kjartan Rist

Founding Partner

Lucy Kennard

Operations Manager

Mark McDonald

COO

Olivia Kennard

Operations Assistant