Nutmeg is a UK-based digital wealth manager and robo-advisor that provides automated investment management services. Founded in 2011, Nutmeg pioneered the robo-advisor model in Europe and grew to manage over £3.5 billion in assets under management before its acquisition by JPMorgan Chase in June 2021. The platform was rebranded as JP Morgan Personal Investing in late 2025.
Nutmeg has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
300–400
Total Funding
$150.1M
7 rounds
Total raised $150.1M across 7 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Crowdfunding (Crowdcube)
Date
October 2019
Amount
$3.3M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| October 2019 | Crowdfunding (Crowdcube) | $3.3M | — | Crowd |
| January 22, 2019 | Series E | $57.9M | — | Goldman Sachs, Convoy Global Holdings |
| December 22, 2016 | Series D | $14.6M | — | Taipei Fubon Bank |
Nick Hungerford
Founder (1980-2023)
William Todd
Founder
Martin Stead
Chief Executive Officer (2016-2019)
Matthew Christopher Gatrell
Chief Executive Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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