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Elkstone Capital Partners

Europe, Dublin, Ireland, Dublin

Description

Elkstone Capital Partners is a prominent multi-family office headquartered in Dublin, Ireland, distinguished by its robust venture capital arm alongside its real estate and wealth management divisions. The firm has established itself as a leading early-stage venture capital investor within Ireland, actively seeking out disruptive technology companies that demonstrate global ambition. Their investment thesis spans a diverse range of high-growth sectors, including FinTech, SaaS, DeepTech, Digital Health, the Future of Work, and the Future of Food, reflecting a broad interest in innovative solutions across various industries.

Elkstone's venture capital strategy primarily focuses on Seed and Series A funding rounds, providing crucial early-stage capital to promising startups. Their typical initial investment ranges from €250,000 to €2 million, demonstrating a commitment to significant foundational support for their portfolio companies. Beyond the initial cheque, Elkstone also possesses substantial capacity for follow-on investments, capable of deploying up to €5 million or more into successful ventures as they scale. This flexible funding approach allows them to support companies throughout their growth trajectory.

The firm boasts an impressive portfolio of over 60 companies, underscoring its active participation in the startup ecosystem. Elkstone Capital Partners manages a substantial pool of capital, with over €1 billion in assets under advice and management, which provides a strong financial foundation for its investment activities. A significant recent development highlighting their commitment to the Irish startup scene is their collaboration with Enterprise Ireland to launch the €100 million Elkstone Ireland Venture Fund, specifically designed to back early-stage Irish startups and further solidify the nation's position as a tech hub. This strategic fund reinforces Elkstone's role as a pivotal player in the Irish venture landscape, providing essential capital and expertise to emerging companies.

Investor Profile

Elkstone Capital Partners has backed more than 72 startups, with 8 new investments in the last 12 months alone. The firm has led 34 rounds, about 47% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Ireland, United Kingdom, United States.
  • Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
  • Led 4 rounds in the past year.
  • Typical check size: $270K – $2.2M.

Stage Focus

  • Seed (50%)
  • Series A (17%)
  • Series Unknown (15%)
  • Angel (6%)
  • Pre Seed (6%)
  • Undisclosed (3%)
  • Convertible Note (1%)
  • Series B (1%)
  • Equity Crowdfunding (1%)

Country Focus

  • Ireland (71%)
  • United Kingdom (24%)
  • United States (3%)
  • Germany (3%)

Industry Focus

  • Software
  • Health Care
  • Artificial Intelligence (Ai)
  • Medical Device
  • E-commerce
  • Medical
  • Machine Learning
  • Food Delivery
  • Wellness
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Elkstone Capital Partners frequently co-invest with?

TV
North America, California, United States, San Francisco
Co-Investments: 4
CC
Europe, Dublin, Ireland, Dublin
Co-Investments: 3
Dynamo
North America, Tennessee, United States, Chattanooga
Co-Investments: 3
Furthr VC
Europe, Dublin, Ireland, Dublin
Co-Investments: 5
Business Venture Partners
Europe, Dublin, Ireland, Dublin
Co-Investments: 3
Atlantic Bridge
Europe, Dublin, Ireland, Dublin
Co-Investments: 6
Enterprise Ireland
Europe, Dublin, Ireland, Dublin
Co-Investments: 22
Atlantic Bridge University Fund
Europe, Dublin, Ireland, Dublin
Co-Investments: 5
OC
Europe, Dublin, Ireland, Blackrock
Co-Investments: 3
A
Europe, Galway, Ireland, Galway
Co-Investments: 3

Which angels does Elkstone Capital Partners often collaborate with?

GC
Europe, England, United Kingdom, London
Shared Deals: 3
CB
North America, California, United States, Berkeley
Shared Deals: 1
EM
North America, United States
Shared Deals: 1
DB
North America, California, United States
Shared Deals: 1
WS
Europe, England, United Kingdom, London
Shared Deals: 1
RH
North America, Massachusetts, United States, Boston
Shared Deals: 2
RF
Europe, England, United Kingdom, London
Shared Deals: 4
SM
Europe, Ireland
Shared Deals: 2
JH
Europe, Ireland
Shared Deals: 2
AP
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Elkstone Capital Partners?

ZeroRisk.io

Dublin, Dublin, Ireland

ZeroRisk.io is a platform for merchant management that provides cybersecurity and compliance solutions.

Cyber SecurityNetwork SecurityRisk Management
SeedFeb 6, 2025
Amount Raised: $4,000,000
Output Sports

Dublin, Dublin, Ireland

Output Sports operates as a sports tech start-up.

SportsTest and Measurement
SeedJan 30, 2025
Amount Raised: $4,800,000
Advise

Dublin, Dublin, Ireland

Advise is a comprehensive analytics tool designed for leaders in the consumer goods industry.

Artificial Intelligence (AI)Consumer GoodsMarketing Automation
SeedJan 9, 2025
Amount Raised: $1,599,351
Jentic Technology

Dublin, Dublin, Ireland

Jentic Technology builds integration layer for AI.

Artificial Intelligence (AI)Information Technology
Pre SeedJan 1, 2025
Amount Raised: $4,140,375
LaNua Medical

Dublin, Dublin, Ireland

LaNua Medical is a medical device company that develops disruptive image-guided technologies.

Health CareMedicalMedical Device
SeedDec 12, 2024
Amount Raised: $6,284,131
Zerve AI

Limerick, Limerick, Ireland

A Unified Developer Space for Data Science & AI

AnalyticsArtificial Intelligence (AI)Developer Tools
SeedOct 17, 2024
Amount Raised: $7,580,434
Retrograde

Dublin, Dublin, Ireland

Retrograde is a Software Development company.

SoftwareWeb Development
Pre SeedSep 2, 2024
Amount Raised: $1,992,330
CroíValve

Dublin, Dublin, Ireland

CroíValve is a developed safe, effective, easy to use, percutaneous solution company.

Medical Device
Series BAug 7, 2024
Amount Raised: $16,000,000
Jamango

Dublin, Dublin, Ireland

Jamango operates as a gaming platform that enables to create and play user-generated worlds.

GamingVideo Games
Pre SeedMay 9, 2024
Amount Raised: $2,587,621
Ori Industries

London, England, United Kingdom

Ori is a GPU cloud computing and ML development platform for training, serving and scaling machine learning models.

Artificial Intelligence (AI)Cloud ComputingDevOpsGPUInfrastructureIT InfrastructureMachine LearningMobile
Convertible NoteFeb 4, 2024
Amount Raised: $25,000,000