PitchBook and Balderton Capital: Seven years of successfully seeding and growing European startups
- London, England
Balderton is a leading multistage venture capital firm, focused on backing Europe’s best founders throughout their growth journey.
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$1.89BDry powder
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102Active portfolio
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145Exits
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Claudia RoweGrowth Investor -
Laura McGinnisVC 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.
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.
Results: One of Europe’s most active VCs
- Raised 10 funds
- Totaling $4.5B
- Backed 300+ companies
- 28 portfolio companies achieved unicorn status
- Raised 5 funds
- Totaling $2.2B
- Backed 102 companies
- Completed 169 transactions