
Piton Capital
16-19 Eastcastle Street, London, W1W 8DY, United Kingdom
Overview
Piton Capital is a venture capital and growth equity firm headquartered in London, United Kingdom. Piton focuses exclusively on network effects businesses (marketplaces, exchanges and platforms) as this provide one of the few moats or forms of defensibility to achieve dominance. There are several forms of great network effects businesses that aren’t marketplaces that include data network effects (including machine learning and AI), businesses that rely on user generated content, as well as SaaS businesses with the potential to layer network effects around it. The firm is a stage and style-agnostic and seeks to invest from seed to late stage (€200k to €15m).
- Total investments
- 49
- Lead investments
- 11
- Investments · 12mo
- 1
- Active investors
- 6
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- CardNexus
Led · Seed · Jun 2026
Founded in 2025 and based in Bordeaux, CardNexus offers a mobile-first app that combines a peer-to-peer marketplace, AI-powered card scanning, and collection management across multiple trading card games. The platform supports 12+ games today, with plans to reach 20 by the end of the year, and launched its marketplace in March 2026. It emphasizes a community-led approach with a public roadmap and an open API for developers and local game shops. The company reports over 50,000 users, more than 30 million cards inventoried (including 10 million scanned), and active sellers across 30+ countries. CardNexus plans product expansion beyond buying and selling, team growth, and a targeted 2027 vault system for secure physical card storage, insurance, and trading.
- Gringo
Participated · Series C · Sep 2023
O Gringo is an app that simplifies the driver experience by centralizing previously fragmented services for vehicle owners. The platform offers credit products and protections such as assistance and insurance, and helps with tasks like document management. The company plans to launch new solutions this year focused on the vehicle purchase and sale journey. With the recent funding, O Gringo intends to expand into adjacent services including maintenance, fuel (abastecimento), toll (pedágio) and other driver-related offerings. Financially, the startup has accumulated nearly R$500 million in total funding over its five years of market presence. Gringo is a super app for Brazilian drivers that centralizes vehicle documentation, payments (fines, taxes, licensing), insurance contracting and loans using the vehicle as collateral. The app lets drivers manage renewals and documents in one place and compare insurance and bank offers. Gringo plans to expand its automotive credit and insurance products, add new features, and enter the used‑car buy-and-sell market to help drivers choose the best offers. The company intends not to act as a dealership but to use its customer vehicle data to match buyers and sellers. Gringo has grown to 10 million customers and aims to double its revenue over last year by the end of this year; it has raised $80 million in total. Gringo is a startup founded in 2020 that started by offering free monitoring of driver licenses and vehicle debts. The company has grown its user base to five million drivers in under two years, doubling its count since its Series A. In 2021 Gringo expanded into credit and insurance sales, driving a 20x increase in GMV and a 25x increase in revenue versus 2020. Management says the product roadmap focuses on building a "super app" that centralizes services for drivers, with ongoing tests of additional products and services. The company has already closed partnerships to simplify how drivers buy and monitor insurance and credit. Gringo has expanded beyond its São Paulo launch into the South and Southeast regions and plans national rollout and tests in other Latin American markets in 2022. O Gringo is a Brazilian startup that assists drivers across their journey via an app, WhatsApp and social channels, offering vehicle monitoring, document support and automotive content. The company emphasizes a close, personalized relationship with drivers and disruptive features to simplify everyday driving tasks. In one year it has acquired more than 2.5 million users, representing over 10% market share in the state of São Paulo, and reports 94% of users saying they will remain loyal; it also earned the RA1000 badge with a 9.8 rating. The app is currently live in São Paulo, Paraná and Santa Catarina, and the company is expanding to the rest of Brazil. O Gringo was recently selected for Endeavor’s scale-up program and plans to use new capital to develop additional services, strengthen its team and support national expansion.
- Patient 21
Participated · Series C · May 2023
Patient21 operates a proprietary digital healthcare platform that manages the full patient cycle—online bookings, digital case histories, check-ins, billing and insurance—paired with more than 50 outpatient clinics across Germany. The company offers a patient-facing app, a doctor app and a clinic management system that steers patients to in-person care; more than 80% of clinics currently focus on dentistry. Patient21 handles over 300,000 patient visits annually and reports clinics become operationally profitable quickly, allowing expansion with relatively little equity capital per clinic. The startup says most of its new funding will go toward software development to enhance platform capabilities, with potential future moves into telehealth as it expands into broader human medicine. Longer-term plans include licensing the booking and patient-management software and exploring franchise or partnership models to run clinics. Founded in Berlin in 2019, Patient21 intends to expand beyond Germany and expects to launch in two new European markets within the next 12 months.
- Ferryhopper
Led · Equity · Jun 2022
Ferryhopper operates an online ferry booking platform and mobile app that aggregates ferry routes and ticketing to simplify sea travel. The company has scaled from its four founders to more than 110 employees and serves over 3 million travelers, offering routes across 400 destinations in 15 countries. Its mobile app has been downloaded more than 600,000 times and the startup holds a dominant presence in Greece, Spain, and Italy. Management says it focuses on a product-centric, seamless booking experience and benefits from organic, word-of-mouth user acquisition and strong user reviews. Investors have described the business as well-managed and profitable. Ferryhopper plans to continue improving its services and products while expanding further into European regions, including Northern Europe and beyond. Ferryhopper operates an online platform that simplifies booking ferry tickets, covering more than 250 destinations in 10 countries. Founded in 2017, the Greek startup has grown to a team of about 30 people. During the COVID-19 pandemic the team completed mobile app development, enhanced content marketing, and shifted its business model toward local tourism. The company has raised external capital, including a €600,000 seed round last year and a new €2.6 million seed round. Ferryhopper will use the new funds to develop its services and infrastructure and to expand internationally. It plans to integrate additional destinations and ferry operators across the Mediterranean and Northern Europe over the next year and aims to become Europe’s leading ferry ticket booking engine within 2–3 years.
- Lantum
Participated · Equity · Mar 2022
Lantum provides a purpose-built healthcare staffing platform that lets care centers list shifts and lets qualified clinicians find, sign up for and get paid for available work based on skills, location and time. The platform verifies qualifications, creates a searchable database of active and less-active clinicians, and enables organizations to move staff across adjacent operations more efficiently. Lantum works extensively with the U.K. National Health Service — 20 of the NHS’s 40 integrated care systems and thousands of providers have signed up — and in the last 12 months booking volumes more than doubled while the company onboarded 14,000 additional clinicians. The company’s staff count has doubled over the past year. Cedars‑Sinai is a strategic backer and is using Lantum for ICU scheduling as part of the startup’s first major U.S. deployment. Lantum plans to use the new funding to continue staffing up, develop tools for U.K. customers and support U.S. expansion, with Cedars‑Sinai described as a beachhead; the company also drew significant investor interest and may raise more in this round. Network Locum is a London-based online network that matches doctors with empty shifts in hospitals and GP practices. The platform stores everything practices need to know about a doctor, and necessary documents and information become available once a doctor has been accepted for their first job. Doctors can negotiate job rates and times directly with practice managers before applying. Launched four years ago, the company has built a database of 40k doctors across Britain. Led by CEO Melissa Morris, Network Locum plans to use new funding to launch a mobile app and augment its sales force. The company recently raised £5.3m in venture capital from BGF Ventures.