Funding round
Revolut Series A
Revolut, which works in digital banking services in London, raised $8.7M in a Series A round announced on 1 Jul 2016, led by Index Ventures, at a $42M post-money valuation. 1 firm took part. It is Revolut's third venture round on record; the one before was a Seed in Feb 2016.
$8.7M
Amount raised
$42M
Post-money valuation
1
Investors
1 lead
3.4x
Step-up from the Seed
$12M in Jan 2015
21%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Revolut at $42M after the new money, 3.4 times the $12M of its Seed (Jan 2015). The $8.7M bought investors about 21% of the company. It came 5 months after Revolut's Seed. It is under 1% of the $3.63B Revolut has raised in the venture rounds on record. Revolut raised again 12 months later: a Series B round of $66M in Jul 2017, at $300M post-money.
Revolut's funding rounds
Revolut has 8 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Jan 2015, led by Balderton Capital $2.3M$12M post-money
- Seed 4 Feb 2016, led by Balderton Capital $4.8M
- Series A this round 1 Jul 2016, led by Index Ventures $8.7M$42M post-money
- Series B 11 Jul 2017, led by Index Ventures $66M$300M post-money
- Series C 26 Apr 2018, led by DST Global $250M$1.70B post-money
- Series D 25 Feb 2020, led by Technology Crossover Ventures $500M$5.50B post-money
- Series E 15 Jul 2021, led by SoftBank Vision Fund and Tiger Global $800M$33.00B post-money
- Other not a venture round 27 Aug 2024 $45.00B
- Growth 19 Sep 2025, led by Coatue, Greenoaks and Dragoneer Investment Group $2.00B$75.00B post-money
Investors
Who put money in
Index Ventures led the round.
Lead investor
- Index Ventures backs 353 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Series A rounds in Banks & ATMs:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Banks & ATMs | 3 Jan 2017 | $10M | not disclosed | not named |
| Solaris Banks & ATMs | 15 Mar 2017 | $28M | not disclosed | not named |
| Banks & ATMs | 4 Jul 2017 | $14M | not disclosed | Anthemis and Creandum |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Revolut raise in its Series A round?
Revolut raised $8.7M in its Series A round, announced in Jul 2016.
Who led Revolut's Series A round?
Index Ventures led it.
What was Revolut's valuation at the Series A round?
$42M post-money.
Did Revolut raise again after this round?
Yes: a Series B round in Jul 2017 of $66M at $300M post-money.