Cheltenham
Metro area · United Kingdom · Pop. 121K · WithinWorldEMEANew Palo AltoEuropeUnited KingdomEnglandSouth West EnglandGloucestershire, United KingdomCheltenham
Quarterly report
Cheltenham's latest quarter in venture capital
Venture capital raised by Cheltenham-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Cheltenham-headquartered companies…
Enterprise value
How much Cheltenham’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Cheltenham, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Cheltenham
VC investment into Cheltenham-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Cheltenham
A live treemap of the largest VC rounds. Each cell is one round into Cheltenham-headquartered companies, grouped by Dealroom sector.
Largest rounds in Cheltenham - 2026
Notable companies
Top private companies in Cheltenham
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Cheltenham's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Cheltenham.
Location comparison
How Cheltenham stacks up
Compare Cheltenham with peers from the same country (United Kingdom) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in United Kingdom ranked by combined EV. Cheltenham's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | London | $725B | 5.6× | 165 | $20.1B | 12K |
| 2 | East of England | $206B | 3.5× | 17 | $3B | 1,209 |
| 3 | Cambridge (UK) | $182B | 3.6× | 15 | $2.7B | 637 |
| 4 | North of England | $68.6B | 3.6× | 19 | $642M | 2,186 |
| 5 | South East England | $66.7B | 3.0× | 18 | $1.7B | 1,765 |
| 6 | Edinburgh | $41.9B | 8.1× | 2 | $374.7M | 451 |
| 7 | North West England | $33.5B | 2.7× | 12 | $289.5M | 1,146 |
| 8 | Oxford | $31.4B | 3.1× | 10 | $847.8M | 459 |
| 9 | Yorkshire and the Humber | $28.3B | 6.3× | 6 | $233.7M | 618 |
| 10 | Midlands | $23.4B | 7.4× | 5 | $380.3M | 903 |
| 11 | Manchester | $21.4B | 2.5× | 9 | $152.4M | 626 |
| 33 | Cheltenham | $617.6M | 2.6× | 1 | $2.3M | 34 |
More data
Explore Dealroom data →Get the full Cheltenham ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.