
NDRC
Unit 1, The CHQ Building, Custom House Quay, Dublin, D08 HKR9, Ireland
Overview
NDRC builds high-impact new ventures. By providing the people, time, space and investment needed at the earliest stages of dedicated commercialisation work, NDRC is creating companies worthy of commercial investment and with the ability to scale. The NDRC team has the breadth of knowledge and expertise in technology and markets. NDRC works side-by-side with researchers, entrepreneurs and venture teams to turn great ideas into successful new ventures. By the end of 2014, NDRC’s portfolio of startup ventures had secured a cumulative €88m in follow-on investment from commercial investors, with a combined market capitalisation of approx. €220m.
- Total investments
- 6
- Lead investments
- 1
- Investments · 12mo
- 2
- Active investors
- 8
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Blueprints
Participated · Equity · Jul 2026
Blueprints was founded by former University of Limerick students Ryan Morrissey and Bence Redmond after they met in UL’s immersive software engineering programme. The company operates a prediction-market style platform where users predict future events and the system decides when to buy or sell assets such as company shares based on those forecasts. The idea developed during Morrissey’s internship at Stripe and the founders have since left UL to work on Blueprints full-time following investment. Blueprints received six-figure funding from NDRC and additional investment from Y Combinator. The articles do not provide revenue, user, or valuation figures.
- DevAlly
Participated · Seed · Oct 2025
Founded in 2024, DevAlly combines accessibility experts with proprietary AI and large language models to automate the detection of barriers such as missing video captions, insufficient color contrast, and inadequate screen-reader support across websites, e-commerce platforms, and banking apps. The software also logs customer-reported issues, generates remediation roadmaps, and produces compliance reports, embedding accessibility checks into the product-development lifecycle. By focusing on scalability, the startup aims to replace one-off human audits with continuous monitoring, a strategy its CEO compares to cybersecurity company Vanta’s compliance approach. Regulatory pressure from the European Accessibility Act has driven early demand, and the founders report strong interest from large B2B software companies on the U.S. West Coast. With its recent funding, DevAlly will expand its headcount from 5 to 15, primarily in Dublin, while opening a sales presence in San Francisco to act as “a bridge to Europe” for U.S. firms. The company positions universal design as a market imperative, citing studies that 94% of top U.S. websites fail basic accessibility tests and that disabled consumers represent $8 trillion in annual disposable income. Though revenue figures were not disclosed, the startup’s traction in both Europe and the U.S. underscores the growing importance of accessibility compliance.
- MoveAhead
Participated · Seed · May 2024
MoveAhead operates at the intersection of health services, software services, and the sports industry. The company secured €1.5 million in a seed funding round reported on 30 May 2024. The round value is listed as approximately $1.62 million. Reported investors in the round are NDRC, Enterprise Ireland and Growing Capital. The article does not provide a description of MoveAhead’s core product or any operating metrics. The article also does not detail specific future plans or the intended use of proceeds.
- Dataships
Participated · Seed · Sep 2021
Dataships delivers automated GDPR and CCPA compliance and consent optimization for eCommerce, focusing on checkout-level experiences that boost opt-in rates and repeat purchases. The company began in 2019 as a compliance tech business and later pivoted to compliance management for merchants. Its product dynamically optimizes consent language by visitor location and marketing channel to increase marketing contacts and revenue. The Series A will fund product innovation and market expansion while supporting customer retention efforts. Dataships plans to scale engineering and support teams to serve a growing client base. Management frames the platform as transforming compliance from a burden into a competitive growth lever for merchants. Dataships offers a SaaS solution that automates compliance with international data-privacy laws and operational tools such as privacy policies and cookie consent. The product is aimed at SMEs to simplify GDPR, CCPA and related requirements and to support the shift from third-party to first-party data relationships. The company positions itself as helping businesses navigate changes enforced by major platforms like Google and Apple. Dataships emphasizes making compliance effortless and beneficial, framing first-party data access as critical for future customer relationships. The founders report traction with over 70 customers, including brands such as Kerrygold Butter and Zipp Mobility. The company was founded in 2019 and is headquartered in Dublin.
- SilverCloud Health
Participated · Series A · Jan 2017
SilverCloud Health operates a clinically validated digital mental health platform used by providers, health plans and employers, with a library of more than 30 programs spanning wellness to severe mental health conditions. The platform is HIPAA- and GDPR-compliant and is backed by over 17 years of research and partnerships with academic institutions. It is used by more than 300 organizations globally (including over 70% of the U.K.’s NHS mental health services) and has over 350,000 users, growing by more than 15,000 users per month. Multiple randomized controlled trials and real-world evidence show outcomes on par with face-to-face therapy and over 65% of users have shown significant decreases in depression and anxiety symptoms. Recent commercial and research activity includes joining Express Scripts’ digital health formulary, a research collaboration with Microsoft Research on AI, and a commercial partnership with Shoppers Drug Mart in Canada. The company plans to expand program offerings in North America, enhance its global portfolio, and conduct additional research and clinical trials; the Series B proceeds are earmarked for these initiatives. SilverCloud Health provides evidence-based online mental health and behavioral healthcare solutions. Founded in 2012 and based in Boston, MA, the company offers 22 evidence-based programs addressing depression, anxiety, stress and long-term chronic conditions including diabetes, COPD and cardiovascular disease. Its platform is currently used by over 120 healthcare organizations across North America and Europe and has supported more than 80,000 patients since launch. The company plans to use new capital to grow in North America and Europe and to build out its commercial, development and clinical teams. It also intends to expand into new areas such as integration with personal health and activity monitoring devices. Most recently the company raised an $8.1M Series A to fund these initiatives.