TP24 valuation, funding and investors
TP24 works in business finance solutions, based in London, United Kingdom. Founded in 2016, it has about 45 employees.
VALUATION · TODAY
$71.7M −0% after Series A
Range $36.3M – $216M · Grade CTODAY
+12 MO
$500M
$1.00B
$1.50B
$2.00B
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $120M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY31 employees
−31%6m growth
−47%1y growth
−56%2y growth
20
40
60
80
Data from Apr 2023
Predicted in 1 yr $71.5M −0% vs today
Predicted next raise $168M if a round comes
Winding-down probability 97%
- Last round
- Series A · $120M · Feb 2019
- Valuation at last round
- $612M · implied
- Headcount
- 31 · shrinking
- Grade
- C
- Founded
- 2016
TP24 valuation today
VCMC values TP24 at $71.7M today, with a range of $36.3M to $216M and a grade of C. The valuation starts from its last funding round, a Series A round in Feb 2019.
Valuation by date (132 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2016 | $4.37M | $1.59M – $12.0M | $5.24M (+20%) | before first round | – | unknown | D | 0% |
| 1 Feb 2016 | $4.39M | $1.60M – $12.1M | $5.38M (+23%) | before first round | – | unknown | D | 0% |
| 1 Mar 2016 | $4.41M | $1.60M – $12.1M | $5.52M (+25%) | before first round | – | unknown | D | 0% |
| 1 Apr 2016 | $4.42M | $1.61M – $12.1M | $5.67M (+28%) | before first round | – | unknown | D | 0% |
| 1 May 2016 | $4.44M | $1.62M – $12.2M | $5.82M (+31%) | before first round | – | unknown | D | 0% |
| 1 Jun 2016 | $4.46M | $1.62M – $12.2M | $5.97M (+34%) | before first round | – | unknown | D | 0% |
| 1 Jul 2016 | $4.47M | $1.63M – $12.3M | $6.13M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2016 | $4.59M | $1.67M – $12.6M | $6.30M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2016 | $4.72M | $1.72M – $13.0M | $6.47M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2016 | $4.84M | $1.76M – $13.3M | $6.64M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2016 | $4.97M | $1.81M – $13.7M | $6.82M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2016 | $5.10M | $1.86M – $14.0M | $7.00M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2017 | $5.24M | $1.91M – $14.4M | $7.18M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $5.38M | $1.96M – $14.8M | $7.38M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $5.51M | $2.01M – $15.1M | $7.56M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $5.66M | $2.06M – $15.6M | $7.76M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $5.81M | $2.12M – $16.0M | $7.97M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $5.97M | $2.17M – $16.4M | $8.18M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $6.13M | $2.23M – $16.8M | $8.40M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $6.29M | $2.29M – $17.3M | $8.63M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $6.46M | $2.35M – $17.8M | $8.86M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $6.63M | $2.41M – $18.2M | $9.09M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $6.81M | $2.48M – $18.7M | $9.34M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $6.99M | $2.55M – $19.2M | $9.59M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $7.18M | $2.62M – $19.7M | $9.85M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $7.38M | $2.69M – $20.3M | $10.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $7.56M | $2.75M – $20.8M | $10.4M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $7.76M | $2.83M – $21.3M | $10.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $7.97M | $2.90M – $21.9M | $10.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $8.18M | $2.98M – $22.5M | $11.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $8.40M | $3.06M – $23.1M | $11.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $8.63M | $3.14M – $23.7M | $11.6M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $8.86M | $3.23M – $24.3M | $11.7M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $9.09M | $3.31M – $25.0M | $11.8M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $9.34M | $3.40M – $25.7M | $12.0M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $9.59M | $3.49M – $26.3M | $12.1M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $9.85M | $3.59M – $27.1M | $12.2M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $10.1M | $3.68M – $27.8M | $12.3M (+21%) | before first round | – | unknown | D | 0% |
| 9 Feb 2019 | $613M | $402M – $1.7B | $1.1B (+80%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $633M | $402M – $1.7B | $1.1B (+74%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $665M | $402M – $1.7B | $1.1B (+66%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $698M | $402M – $1.7B | $1.1B (+58%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $734M | $402M – $1.7B | $1.1B (+50%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $770M | $402M – $1.7B | $1.1B (+43%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $809M | $402M – $1.7B | $1.1B (+36%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $851M | $402M – $1.7B | $1.1B (+29%) | after a round | – | unknown | C | 0% |
| 1 Oct 2019 | $893M | $402M – $1.7B | $1.1B (+23%) | after a round | – | unknown | C | 0% |
| 1 Nov 2019 | $938M | $402M – $1.7B | $1.1B (+17%) | after a round | – | unknown | C | 0% |
| 1 Dec 2019 | $985M | $402M – $1.7B | $1.1B (+12%) | after a round | – | unknown | C | 0% |
| 1 Jan 2020 | $1.0B | $402M – $1.7B | $1.1B (+6%) | after a round | – | unknown | C | 0% |
| 1 Feb 2020 | $1.1B | $402M – $1.7B | $1.1B (+1%) | after a round | – | unknown | C | 0% |
| 1 Mar 2020 | $1.1B | $388M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2020 | $1.1B | $369M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 May 2020 | $1.1B | $351M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2020 | $1.1B | $333M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2020 | $1.1B | $317M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2020 | $1.1B | $302M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2020 | $1.1B | $287M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2020 | $1.1B | $273M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2020 | $1.1B | $259M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2020 | $1.1B | $247M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2021 | $1.1B | $235M – $1.7B | $1.1B (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2021 | $1.1B | $223M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2021 | $1.1B | $213M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2021 | $1.1B | $202M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 May 2021 | $1.1B | $193M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2021 | $1.1B | $183M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2021 | $1.1B | $174M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2021 | $1.1B | $166M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2021 | $1.1B | $157M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2021 | $1.1B | $150M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2021 | $1.1B | $142M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2021 | $1.1B | $136M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2022 | $1.1B | $129M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2022 | $1.1B | $122M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2022 | $1.1B | $117M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2022 | $1.1B | $111M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 May 2022 | $1.1B | $106M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2022 | $1.1B | $100M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2022 | $1.1B | $95.7M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2022 | $1.1B | $90.9M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2022 | $1.1B | $86.4M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2022 | $1.1B | $82.2M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2022 | $1.1B | $78.2M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2022 | $1.1B | $74.4M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2023 | $1.1B | $70.7M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2023 | $1.1B | $67.2M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2023 | $1.1B | $64.2M – $1.7B | $1.1B (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2023 | $1.1B | $61.0M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 May 2023 | $1.1B | $58.1M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Jun 2023 | $1.1B | $55.2M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Jul 2023 | $1.1B | $52.5M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Aug 2023 | $1.1B | $49.9M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Sep 2023 | $1.1B | $47.4M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Oct 2023 | $1.1B | $45.2M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Nov 2023 | $1.1B | $42.9M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Dec 2023 | $1.1B | $40.8M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Jan 2024 | $1.1B | $40.2M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Feb 2024 | $1.1B | $40.2M – $1.7B | $1.1B (0%) | after a round | 54 | unknown | D | 0% |
| 1 Mar 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Apr 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 May 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Jun 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Jul 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Aug 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Sep 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Oct 2024 | $1.1B | $65.9M – $1.6B | $1.1B (-1%) | after a round | 70 | up | D | 0% |
| 1 Nov 2024 | $169M | $40.2M – $1.2B | $147M (-13%) | after a round | 58 | down | D | 84% |
| 1 Dec 2024 | $169M | $40.2M – $1.2B | $147M (-13%) | after a round | 58 | down | D | 84% |
| 1 Jan 2025 | $168M | $40.2M – $1.2B | $146M (-13%) | after a round | 58 | down | D | 84% |
| 1 Feb 2025 | $168M | $40.2M – $1.2B | $146M (-13%) | after a round | 58 | down | D | 84% |
| 1 Mar 2025 | $148M | $40.2M – $824M | $146M (-2%) | after a round | 58 | down | D | 84% |
| 1 Apr 2025 | $148M | $40.2M – $823M | $146M (-2%) | after a round | 58 | down | D | 84% |
| 1 May 2025 | $148M | $40.2M – $822M | $146M (-2%) | after a round | 58 | down | D | 84% |
| 1 Jun 2025 | $148M | $40.2M – $821M | $145M (-2%) | after a round | 58 | down | D | 84% |
| 1 Jul 2025 | $115M | $40.2M – $775M | $115M (0%) | after a round | 59 | down | D | 97% |
| 1 Aug 2025 | $128M | $40.2M – $793M | $127M (-1%) | after a round | 59 | down | D | 92% |
| 1 Sep 2025 | $128M | $40.2M – $793M | $127M (-1%) | after a round | 59 | down | D | 92% |
| 1 Oct 2025 | $147M | $40.2M – $817M | $145M (-2%) | after a round | 59 | down | D | 84% |
| 1 Nov 2025 | $79.5M | $40.2M – $217M | $79.3M (0%) | after a round | 49 | shrinking | C | 97% |
| 1 Dec 2025 | $79.5M | $40.2M – $217M | $79.3M (0%) | after a round | 49 | shrinking | C | 97% |
| 1 Jan 2026 | $79.5M | $40.2M – $217M | $79.3M (0%) | after a round | 45 | shrinking | C | 97% |
| 1 Feb 2026 | $79.5M | $40.2M – $217M | $79.2M (0%) | after a round | 45 | shrinking | C | 97% |
| 1 Mar 2026 | $115M | $40.2M – $774M | $115M (0%) | after a round | 45 | down | D | 97% |
| 1 Apr 2026 | $115M | $40.2M – $774M | $115M (0%) | after a round | 45 | down | D | 97% |
| 1 May 2026 | $79.4M | $40.2M – $216M | $79.2M (0%) | after a round | 31 | shrinking | C | 97% |
| 1 Jun 2026 | $79.4M | $40.2M – $216M | $79.2M (0%) | after a round | 31 | shrinking | C | 97% |
| 1 Jul 2026 | $79.4M | $40.2M – $216M | $79.2M (0%) | after a round | 31 | shrinking | C | 97% |
| 1 Aug 2026 | $79.4M | $40.2M – $216M | $79.1M (0%) | after a round | 31 | shrinking | C | 97% |
| 1 Sep 2026 | $79.3M | $40.2M – $216M | $79.1M (0%) | after a round | 31 | shrinking | C | 97% |
| 1 Oct 2026 | $79.3M | $40.2M – $216M | $79.1M (0%) | after a round | 31 | shrinking | C | 97% |
| 24 Oct 2026 | $71.7M | $36.3M – $216M | $71.5M (0%) | after a round | 31 | shrinking | C | 97% |
Key facts about TP24
- Founded
- 2016
- Headquarters
- London, United Kingdom
- Employees
- about 45 -22% in a year
- Total raised
- $569M
- Funding rounds
- 2
- Last round
- Debt Jul 2023
TP24 was founded in 2016 by Ben James.
TP24 funding history
TP24 has 2 funding rounds on record, from Feb 2019 to Jul 2023, $569M in total. None disclosed a valuation.
Debt 19 Jul 2023no round page
With Barclays, M&G Investments.
Sources: techfundingnews.com, theadviser.com.au, crowdfundinsider.com
$449M
Series A 8 Feb 2019
Led by SIX Fintech Ventures, Berliner Volksbank Ventures, Credit Suisse Entrepreneur Capital Ltd; with Ruvercap.
Sources: startupticker.ch, lenzstaehelin.com, big-picture.com
$120M
TP24 investors
6 investors have backed TP24; Berliner Volksbank Ventures, Credit Suisse Entrepreneur Capital Ltd and SIX Fintech Ventures led at least one round.
- Berliner Volksbank Ventures lead
- Credit Suisse Entrepreneur Capital Ltd lead
- SIX Fintech Ventures lead
- Barclays
- M&G Investments
- Ruvercap
What TP24 does
TP24 works in loans & financing, with 14 recorded offerings and customers in logistics, technology and food manufacturing.
Tradeplus24 Limited, known as TP24, is a British fintech company engaged in business finance solutions, including credit lines that grow with receivables. The company serves mid- to larger-sized businesses across industries such as logistics, technology, and food manufacturing, and operates in the United Kingdom, Australia, and Switzerland. TP24 is a member of the Australian Financial Complaints Authority (AFCA).
Description from Veridion's company data.
Products and services
- Business Finance Solutions
- Receivable-Based Credit Line Financing
- Dynamic Credit Line Management
- Revolving Receivable Financing
- SME Financing Solutions
- Mid-Size Business Financing Solutions
- Industry-Specific Financing Solutions
- Technology Sector Financing Solutions
- Logistics Sector Financing Solutions
- Food Manufacturing Financing Solutions
- Transparent Financing Solutions
- Competitive Financing Solutions
- Flexible Financing Solutions
- Global Finance Solutions Licensing
Markets
- Logistics
- Technology
- Food Manufacturing
Business model
- Business-to-Business
- Software-as-a-Service
- Enterprise
Industry codes (NAICS)
- 522299 International, Secondary Market, and All Other Nondepository Credit Intermediation 100% match
Questions about TP24
What is TP24 worth?
Valuation $71.7M (range $36.3M to $216M), as of 24 Oct 2026.
Has TP24 raised money?
TP24 has 2 funding rounds on record, from Feb 2019 to Jul 2023, $569M in total. None disclosed a valuation.
Who has invested in TP24?
Berliner Volksbank Ventures, Credit Suisse Entrepreneur Capital Ltd, SIX Fintech Ventures, Barclays, M&G Investments and Ruvercap. Lead investors include Berliner Volksbank Ventures, Credit Suisse Entrepreneur Capital Ltd and SIX Fintech Ventures.
How many people work at TP24?
About 45, down 22% over the last year. Headcount rose from 54 in Apr 2023 to 70 in Mar 2024, then fell to 31 in May 2026.
What does TP24 do?
TP24 works in loans & financing, with 14 recorded offerings and customers in logistics, technology and food manufacturing. Its main offerings are business finance solutions, receivable-based credit line financing and dynamic credit line management.
When was TP24 founded, and where is it based?
TP24 was founded in 2016 and is based in London, United Kingdom. It has about 45 employees, down 22% over the last year.