Revolut valuation and funding history
London, founded 2015
Revolut raised its first money in 2015 from a London fund, stayed in London, and ten years later reported $6 billion of audited revenue and $2.3 billion of profit. No relocation, no Valley address.
Nikolay Storonsky and Vladyslav Yatsenko started Revolut in July 2015 to fix something small and specific: the terrible exchange rate you get spending abroad. The first cheque, about 1.5 million pounds, came from Balderton Capital, a London firm, at a valuation of roughly 8 million.
They did not move. Revolut is still headquartered in Canary Wharf, and signed a ten-year lease there in 2024. Every round after the first came to London rather than the founders going to Sand Hill Road.
- Founded
- 2015
- Headquarters
- London
- Rounds raised
- 5
- Latest valuation
- $75B
- Latest round
- July 2021
The whole raise
| Round | Amount | Valuation | Led by |
|---|---|---|---|
| SeedJuly 2015 | 1.5M pounds | Balderton Capital | |
| Series BJuly 2017 | $66M | $350M | Index Ventures |
| Series CApril 2018 | $250M | $1.7B | DST Global |
| Series DFebruary 2020 | $500M | $5.5B | TCV |
| Series EJuly 2021 | $800M | $33B | SoftBank Vision Fund 2, Tiger Global |
Most recent mark: $75B, set by a share sale in November 2025, not by a funding round. confirmed by Revolut itself.
What the numbers say
The first cheque came from a fund in the same city, and everything after that was arithmetic. Revolut's 2025 accounts show $6 billion of revenue and about $2.3 billion of profit before tax, up from a $32 million loss in 2018. Those are audited figures rather than a company estimate, which is rarer than it should be at this size.
What this means for your raise
- 01
Your first investor is probably local
Balderton is a London firm backing a London company. The seed was about 1.5 million pounds, not a headline number. Whatever city you are in, the first cheque is far more likely to come from someone who can already reach you than from a fund on another continent.
- 02
Each round is an argument the last one won
Seed to $66M to $250M to $500M to $800M. Nobody handed them the big round first. Every raise was easier because the previous one had happened, which is the strongest possible reason to start the first conversation now rather than when you feel ready.
- 03
Staying put cost them nothing
They never relocated to the US, and SoftBank and Tiger Global still led an $800 million round into a London company. If your plan involves moving before you raise, check whether that is actually a requirement or just a story you have absorbed.
Every one of these started with a first investor conversation.
Find your investorsFrequently asked questions
What is Revolut valued at?
Revolut was last valued at $75B, set by a share sale in November 2025 rather than by a funding round.
Who are Revolut investors?
Rounds at Revolut have been led by Balderton Capital, Index Ventures, DST Global, TCV, SoftBank Vision Fund 2, Tiger Global.
When was Revolut founded?
Revolut was founded in 2015 in London.
Figures are as publicly reported and were distilled from RF Stories issue 4. Valuations move, so treat this as a snapshot rather than a live quote.
