IT Ventures

IT Ventures is a venture capital firm founded in 2013 and based in London, United Kingdom, with an additional presence in San Francisco. Led by Rupert Ralston, the firm provides seed and growth-stage funding to technology companies across software, fintech, data analytics, consumer electronics, and cybersecurity, and is also active in secondary markets. Beyond capital, IT Ventures offers portfolio companies support in network expansion, hiring, product management, and finance and accounting. The firm has invested in 24 companies producing a portfolio of notable outcomes: 2 unicorns, 7 IPOs, and 6 acquisitions. Portfolio companies include Robinhood, the commission-free trading platform that listed on NASDAQ; Palantir, the data analytics company that listed on NYSE; SoFi, the fintech platform that listed on NASDAQ; Fitbit, the wearables company acquired by Google; TaskRabbit, the marketplace acquired by IKEA; Dataminr, an AI-driven real-time alert platform that achieved unicorn status; Lookout, a mobile security platform that is also a unicorn; Kabam in mobile gaming; Inrix in traffic data analytics; and OpenX in programmatic advertising. Edge Ventures is a frequent co-investor that shares a substantial portion of the portfolio. The most recent tracked investment was a seed round in reQall. IT Ventures operates with a geographically flexible approach, backing companies primarily in the United States and Europe at the seed stage. The portfolio's concentration of high-profile IPOs and unicorns across fintech, data intelligence, security, and consumer technology reflects the firm's ability to identify category-defining companies at early formation, despite limited public information about its fund structure or AUM.