# Nutmeg Saving and Investment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nutmeg-saving-and-investment

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.nutmeg.com/
- Total disclosed funding: $75M
- Latest round: Series D (Nov 14, 2016)
- Investors on record: 5

## About

Nutmeg Saving and Investment Limited is a UK-based digital wealth management firm offering investment services that cater to various financial needs for individuals and families.Nutmeg Saving and Investment Limited, founded in 2011 and headquartered in London, UK, provides digital investment management services. The company has completed 12 deals and recently raised GBP 700.00 mn in a Buyout round led by JP Morgan Asset Management. The total amount raised by Nutmeg amounts to GBP 700.00 mn.Nutmeg offers a range of digital investment management services designed for different financial goals and life stages. Key products include Stocks and Shares ISAs, Personal Pensions, Lifetime ISAs, Junior ISAs, and General Investment Accounts, which help clients invest in diversified portfolios managed by an in-house team. Their services cater to both novice investors and experienced clients, enabling a transparent investment approach.In the most recent year, Nutmeg reported a revenue of GBP 39,534,745.20, while their EBITDA amounted to GBP -48,803,287.20, reflecting their operational expenditures and investment in growth initiatives.Nutmeg is focused on future growth through the design and launch of new investment products aimed at enhancing user experience. The company plans to explore expansion into new geographic markets, although specific regions and timelines have not been disclosed. Recent funding from Euphemia will support these initiatives, enabling Nutmeg to strengthen its product offerings and market reach.

## Funding rounds

- Series D, Nov 14, 2016, $37M — Schroders Capital, Pentech Ventures, Balderton Capital, Armada Investment Group, Convoy, Inc.
- Series B, Jun 25, 2014, $32M — Schroders Capital, Balderton Capital
- Series A, Mar 29, 2012, $5.5M — Pentech Ventures

## Investors

- Pentech Ventures (https://capitalatlas.ai/funds/pentech-ventures) — Series A, Series D
- Schroders Capital (https://capitalatlas.ai/funds/schroders-capital) — Series B, Series D
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series D
- Armada Investment Group — Series D
- Convoy, Inc. — Series D