Virgin Group logo

Virgin Group

Europe, England, United Kingdom, London

Description

Virgin Group, founded by Sir Richard Branson and headquartered in London, United Kingdom, operates as a diversified global investment company rather than a traditional venture capital firm. Its extensive portfolio spans over 60 companies across various sectors, including leisure, travel, tourism, mobile, broadband, TV, radio, music, finance, and health. The Group's investment strategy is unique, often involving the creation and scaling of new businesses under the iconic Virgin brand, leveraging its strong brand equity and operational expertise.

Virgin Group's investment activities encompass a broad spectrum of capital deployment. On one end, it supports early-stage entrepreneurship through Virgin StartUp, a non-profit organization dedicated to providing funding and mentorship to UK-based businesses. Since its inception, Virgin StartUp has provided over £60 million (approximately $75 million USD) in start-up loans, supporting more than 5,000 businesses across the United Kingdom. These loans represent the smallest typical first cheques issued by the broader Virgin ecosystem, generally ranging from £500 to £25,000.

On the other end of the spectrum, Virgin Group's core investment arm, Virgin Management, makes substantial strategic investments. These often involve significant capital commitments to launch new Virgin-branded ventures or acquire substantial stakes in existing companies that align with their long-term vision. Such investments are typically multi-million dollar initial infusions, designed to establish and scale businesses in capital-intensive sectors like airlines (e.g., Virgin Atlantic), cruise lines (e.g., Virgin Voyages), or telecommunications (e.g., Virgin Mobile). While not structured as typical venture capital rounds, these initial capital injections represent the larger end of their 'first cheque' activity, often extending into the tens of millions of dollars for a new, significant venture. The Group's focus is on long-term value creation and building impactful, sustainable businesses.

Investor Profile

Virgin Group has backed more than 58 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 12% of its total and boasts 16 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Germany.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Typical check size: $630 – $25M.

Stage Focus

  • Series A (29%)
  • Series B (24%)
  • Series Unknown (12%)
  • Series C (12%)
  • Private Equity (7%)
  • Seed (3%)
  • Undisclosed (2%)
  • Post Ipo Equity (2%)
  • Series D (2%)
  • Series E (2%)

Country Focus

  • United States (67%)
  • United Kingdom (19%)
  • Germany (3%)
  • Colombia (2%)
  • Kenya (2%)
  • India (2%)
  • South Africa (2%)
  • Australia (2%)
  • Canada (2%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • E-commerce
  • Internet
  • Health Care
  • Finance
  • Travel
  • Education
  • Edtech
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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 Virgin Group frequently co-invest with?

OVO Fund
North America, California, United States, Palo Alto
Co-Investments: 3
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 4
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 3
Baseline Ventures
North America, Wyoming, United States, Jackson
Co-Investments: 4
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Felicis
North America, California, United States, Menlo Park
Co-Investments: 5
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 5
Thomvest Ventures
North America, California, United States, San Francisco
Co-Investments: 3
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 4

Which angels does Virgin Group often collaborate with?

RB
North America, Virgin Islands, United States
Shared Deals: 3
AL
Europe, Lombardia, Italy, Milan
Shared Deals: 1
AK
Europe, Riga, Latvia, Riga
Shared Deals: 1
Shared Deals: 1
BG
North America, Washington, United States, Seattle
Shared Deals: 2
AK
Europe, Berlin, Germany, Berlin
Shared Deals: 1
Shared Deals: 1
AC
North America, New York, United States, New York
Shared Deals: 1
BY
North America, North Carolina, United States, Raleigh
Shared Deals: 1
AG
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Virgin Group?

Virgin Voyages

Plantation, Florida, United States

Virgin Voyages is a lifestyle travel brand that offers cruise vacations across different destinations.

LeisureTourismTravel
Private EquitySep 8, 2023
Amount Raised: $550,000,000
OOVA

New York, New York, United States

OOVA is a fertility diagnostic company that brings the accuracy of a clinic into your own home.

ConsumerConsumer GoodsHealth Care
Series AJun 12, 2023
Amount Raised: $10,300,000
Marker Learning

New York, New York, United States

Marker Learning provides a telepsychology platform that makes learning disability assessments and personalized action plans.

ConsultingEdTechEducationHealth Care
Series AFeb 9, 2023
Amount Raised: $15,000,000
Virgin Voyages

Plantation, Florida, United States

Virgin Voyages is a lifestyle travel brand that offers cruise vacations across different destinations.

LeisureTourismTravel
Private EquityAug 16, 2022
Amount Raised: $550,000,000
Lightyear

London, England, United Kingdom

Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.

Financial Services
Series AJul 14, 2022
Amount Raised: $24,984,074
Sesame

New York, New York, United States

Sesame is building a radically new healthcare system for uninsured Americans and those with high-deductible insurance plans.

Electronic Health Record (EHR)Health CareHealth InsurancemHealth
Series BJun 14, 2022
Amount Raised: $27,000,000
Zero Acre Farms

San Mateo, California, United States

Zero Acre Farms is a food company that aims to end the food industry's dependence on destructive vegetable oils.

Food and BeverageNutritionPersonal HealthWellness
Series AFeb 2, 2022
Amount Raised: $37,000,000
Wayve

London, England, United Kingdom

Wayve is a developer of Embodied AI technology for automated driving.

Artificial Intelligence (AI)Autonomous VehiclesElectric VehicleMachine Learning
Series BJan 17, 2022
Amount Raised: $200,610,840
Virgin Orbit

Long Beach, California, United States

Virgin Orbit focuses on providing launch services for small satellites.

AerospaceSatellite CommunicationSpace Travel
Post Ipo EquityDec 30, 2021
Amount Raised: $160,000,000
Printify

Wilmington, North Carolina, United States

Printify is a platform that connects e-commerce merchants, marketplaces and print on demand dropshipping producers.

E-CommerceFashionManufacturingMarketplacePrinting
Series ADec 1, 2021
Amount Raised: $50,000,000