
NDRC
Description
NDRC, or the National Digital Research Centre, has historically been a pivotal early-stage investor and accelerator within the Irish startup ecosystem. Based in Dublin, NDRC's core mission has been to identify and nurture promising digital entrepreneurial teams and ideas, transforming them into viable startups through a combination of early investment and comprehensive commercialization support. While originally an independent entity, its accelerator programs were notably acquired by Dogpatch Labs in July 2021, and now operate under the banner of "NDRC at Dogpatch Labs," continuing its legacy as Ireland's national accelerator for early-stage ventures.
The investment model employed by NDRC is primarily focused on pre-seed and seed-stage companies, providing crucial capital and strategic guidance during the formative phases of a startup's journey. Participants in their intensive programs receive not only financial backing but also mentorship, access to networks, and structured support designed to accelerate their growth and market readiness. The typical first cheque provided by NDRC is up to €100,000, which translates to approximately $110,000 USD, serving as a foundational investment for nascent companies.
Over its impressive 15-year history, NDRC has demonstrated a significant impact on the Irish startup landscape. The organization has invested in over 300 companies, showcasing its commitment to fostering a vibrant entrepreneurial environment. Furthermore, the portfolio companies nurtured by NDRC have collectively gone on to raise substantial follow-on investment, exceeding €600 million (approximately $660 million USD). This track record underscores NDRC's effectiveness in identifying high-potential startups and preparing them for subsequent funding rounds, contributing significantly to the overall economic development and innovation within Ireland.
Investor Profile
NDRC has backed more than 207 startups, with 0 new investments in the last 12 months alone. The firm has led 92 rounds, about 44% of its total and boasts 18 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in Ireland, United States, United Kingdom.
- Strong thematic focus on Software, Information Technology, Apps.
- Typical check size: $110K.
Stage Focus
- Seed (76%)
- Pre Seed (17%)
- Series Unknown (2%)
- Convertible Note (2%)
- Series A (1%)
- Angel (1%)
Country Focus
- Ireland (92%)
- United States (4%)
- United Kingdom (2%)
Industry Focus
- Software
- Information Technology
- Apps
- Saas
- Mobile
- Artificial Intelligence (Ai)
- Internet
- Analytics
- E-commerce
- Health Care
Frequently Asked Questions
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