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PitchBook and Balderton Capital: Seven years of successfully seeding and growing European startups

As one of Europe’s most active VCs, Balderton has relied on PitchBook data for seven years, raising five funds and completing 169 transactions in that time.

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Balderton Capital is a leading multistage venture capital firm, focused on backing Europe's best founders throughout their growth journey.

Location London

$1.89B

Dry Powder

102

Active Portfolio

145

Exits


Jordan Noone

Claudia Rowe
Growth Investor

Jenna Bryant

Laura McGinnis
VC Investor


Challenge: High volume, laser-focus on winning

In the 20+ years of its existence, Balderton Capital has invested in some of Europe’s market leaders. Thanks to that success, it fields a lot of inbound opportunities. Balderton works hard to identify emerging opportunities and back category leaders throughout their lifecycle—Seed or Series A to pre-IPO.

This volume of activity and laser focus on identifying potential industry leaders require a robust tool for raising a fund, deal sourcing, due diligence, benchmarking and comparable analysis.

“Given our established presence in Europe, we’re looking at a high volume of opportunities. We need company and industry snapshots quickly in order to have meaningful discussions around the business. PitchBook gives us quality data, along with detailed contact information, quickly and easily.”

Claudia Rowe, Growth Investor

Solutions: Seven years with PitchBook

As one of Europe’s most active VCs, the teams at Balderton have used a number of tools for research, but continue to grow with and expand their use of PitchBook. Once a tool used only by the research team, today, going into the firm’s seventh year on the platform, Balderton has firm-wide access. The company has around 50 active PitchBook users, including their deal and investor relations teams.

Some of the teams’ favorite features include:

Alerts
Balderton analysts set alerts on target companies within a sector to stay up-to-date on daily market movements. That information is delivered to inboxes in an easily digestible format.

Excel Plugin
The Excel Plugin enables analysts to pull information from the platform into Excel for in-depth analysis and modeling.

Chrome Extension
Allows users to access all of the data within PitchBook directly from their browser while visiting a company website, reading the news or doing online research, without moving between tabs.

Screeners
The advanced search feature helps the team look into geographic-, sector- or stage-specific information, as well as fundraising information. It helps the team stay on top of market trends in a very efficient, user-friendly way, and drill down to the most relevant data they need.

The firm has also engaged PitchBook experts on custom research, which has proven to be invaluable to future growth.

“Being a generalist tech fund, the investors tend to have a vast range of sector interests and want to dive deep when assessing new startups. PitchBook allows us to unlock multifaceted and reliable data that helps with this day-to-day research.”

Laura McGinnis, VC Investor

Results: One of Europe’s most active VCs

In its 20 years, Balderton Capital has successfully:
 


Raised 10 funds


Totaling $4.5B

 


Backed 300+ companies


28 portfolio companies achieved unicorn status

Over the past seven years, since becoming a PitchBook customer, Balderton Capital has:


Raised five funds


Totaling $2.2B

 


Backed 102 companies


Completed 169 transactions

 

“What I love about PitchBook is that it has the cleanest, most robust data. Every detail is there.”

—Claudia Rowe, Growth Investor