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Legal & General

Legal & General

Corporate

Established in 1836, Legal & General is a financial services group and global investor operating across retirement solutions, life insurance, and workplace pensions.

Portfolio

7

companies

AUM

£1400000M

under management


Portfolio companies

PQShield

PQShield

PQShield builds quantum-resistant cryptographic solutions for the global technology supply chain.

Moneyhub Financial Technology

Moneyhub Financial Technology

Moneyhub develops open finance and open data software for corporate clients.

Moneyhub

Moneyhub

Moneyhub provides an open finance and data platform for enterprise clients.

Onto

Onto

Onto offers a flexible electric car subscription service that includes charging, insurance, and maintenance.

Congenica

Congenica

Congenica provides software that accelerates genomic data analysis for personalised medicine.

Current Health

Current Health

Enterprise remote care management platform for home-based patient monitoring.

Care Sourcer

Care Sourcer

Care Sourcer provides a comparison and matching platform for older people care.


Team

Chris Knight

Chris Knight

CEO, Legal & General Retail Retirement

Chris brings regulatory and financial services experience from the Financial Conduct Authority and Legal & General. He serves as associate director at the NHS Business Services Authority.

LinkedIn
JM

Jessica McCreadie

Investment Director of Health & Care

WP

Wian Pieterse

Fintech MD


Recent investments

Series B
£29.0M

Addition led the Series B round with participation from Chevron Technology Ventures, Legal & General, Braavos Capital, and Oxford Science Enterprises.

"As we approach the culmination of the NIST project, we expect newly-ratified standards to help drive rapid adoption of PQC across the technology supply chain. Led by an industry-leading team with decades of experience, PQShield has quickly established itself as a leading authority in post-quantum cryptography for hardware and software. We are excited to see the business continue to build on its existing commercial success and further enhance its efforts in protecting our digital future."
— Todd Arfman
Growth
£15.0M

Phoenix Group joins existing backers Legal & General and Lloyds Banking Group as a co-lead investor in the business.

"This additional investment from Phoenix Group, following our long-standing commercial relationship with its Standard Life business, is further testament to the growing possibilities the industry sees in Open Data, and the transformational role Moneyhub can play. We are delighted that Phoenix Group has chosen to go even further by investing in the business. With Consumer Duty and Pensions Dashboard driving the need to focus on consumer outcomes, the only answer is to work in a trusted data sharing approach with your customers."
— Samantha Seaton, CEO
Growth
£40.0M

Legal & General and Lloyds Banking Group led the financing round, which includes a £5m debt facility from Shawbrook.

"Their new investment helps us signal a step change in the way the financial services industry thinks about Open Data and the possibilities it presents. Understanding and utilising customer transaction data for the benefit of the customer’s financial wellbeing not only helps businesses fulfil their consumer duty regulatory obligations, but also empowers them to create further opportunities."
— Samantha Seaton, CEO
Series C
£49.9M

The Series C round was led by Legal & General with participation from existing investors.

"This funding round is a huge milestone for Onto as it sets us off on our journey to Europe. Germany, a nation with an incredible automotive history as Europe’s biggest car-producing country, is a market with huge potential and a great appetite for electric cars. We’re excited to offer something different."
— Rob Jolly, CEO and co-founder
Series C
£39.0M

The financing round drew participation from Legal & General, Tencent, and QVentures to support genomics software development.

"We are thrilled to be supporting Congenica in developing their world-leading technology to deliver life-changing answers. At QVentures, we strive to support cutting-edge technology companies that really change how an industry operates and we believe David and his team are doing just that. We are pleased that QVentures’ Family Offices and UHNWI investors could join us on that journey."
— Robert Walsh, Managing Partner
Series C
£39.0M

The financing round was co-led by Tencent and Legal & General to support international expansion and product development.

"Genomic medicine is revolutionising healthcare, transforming outcomes for patients by providing clinicians with fast, accurate and early diagnoses and the information needed to provide life-changing answers for their patients, improving wellbeing and disease management. This new funding will allow us to build on our established foundation in rare disease and bring the power of our platform to new indications and new markets. We welcome our new investors to Congenica and are grateful to our existing investors for their continued support."
— David Atkins, Chief Executive Officer
Series A
£8.5M

The Series A round was led by Legal & General with participation from ADV.

"Right now, too many people are waiting weeks or even months for care – this causes incredible stress for people and their families, and it’s also a huge expense to our health system. People deserve better than this broken status quo and we know that our technology can help."
— Andrew McGinley, Co-founder