OverviewSuggest Edit

Nutmeg Saving & Investment is an online investment management company. It enables to invests in listed securities, debt, cash, commodities, and other investment asset classes via exchange-traded funds. Nutmeg provides an online alternative to stockbroker platforms where customers make their own trading decisions.
TypePrivate
Founded2011
HQLondon, GB
Websitenutmeg.com
Employee Ratings3.5

Recent NewsAll News

Latest Updates

Employees (est.) (Jun 2021)228
Job Openings11
Revenue (FY, 2019)£9.3 M(+30%)
Cybersecurity ratingBMore

Key People/Management at Nutmeg

Neil Alexander

Neil Alexander

Chief Executive Officer, Executive Director
Nick Hungerford

Nick Hungerford

Co-Founder, Director
Darragh Geraghty

Darragh Geraghty

Chief Risk and Compliance Officer
Matt Gatrell

Matt Gatrell

Chief Operating Officer, Director
James McManus

James McManus

Chief Investment Officer
Pacome Breton

Pacome Breton

Director of investment risk
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Nutmeg Office Locations

Nutmeg has an office in London
London, GB (HQ)
1-45 Durham St, Vauxhall
London, GB
5 New St Square, Holborn
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Nutmeg Financials and Metrics

Summary Metrics

Founding Date

2011

Nutmeg total Funding

$152.7 m

Nutmeg latest funding size

$4.8 m

Time since last funding

2 years ago

Nutmeg investors

Nutmeg's latest funding round in June 2019 was reported to be $4.8 m. In total, Nutmeg has raised $152.7 m
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Nutmeg Revenue

Nutmeg's revenue was reported to be £9.27 m in FY, 2019 which is a 29.6% increase from the previous period.
GBP

Revenue (FY, 2019)

9.3m

Revenue growth (FY, 2018 - FY, 2019), %

29.6%

Net income (FY, 2019)

(21.2m)

EBIT (FY, 2019)

(22.5m)

Cash (31-Dec-2019)

36.9m
GBPFY, 2017FY, 2018FY, 2019

Revenue

4.6m7.2m9.3m

Revenue growth, %

79%57%30%

Operating expense total

16.9m22.7m28.3m

EBIT

(12.4m)(18.6m)(22.5m)
GBPFY, 2017FY, 2018FY, 2019

Cash

25.4m8.7m36.9m

Prepaid Expenses

593.1k977.7k796.0k

Current Assets

27.3m10.9m40.4m

PP&E

266.7k369.2k380.5k
GBPFY, 2017FY, 2018FY, 2019

Net Income

(12.1m)(18.4m)(21.2m)

Depreciation and Amortization

551.1k1.4m2.5m

Accounts Payable

315.6k1.0m(1.1m)

Cash From Operating Activities

(12.2m)(13.1m)(15.4m)
GBPFY, 2017

Revenue/Employee

50.2k

Financial Leverage

1 x
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Nutmeg Operating Metrics

Nutmeg's Customers was reported to be 80 k in FY, 2019. Nutmeg's Assets Under Management was reported to be £2b in FY, 2019.
Dec, 2016FY, 2017FY, 2018Jun, 2019FY, 2019

Assets Under Management

£600 m£1 b£1.5 b£1.7 b£2 b

Customers

25 k50 k60 k70 k80 k
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Nutmeg Revenue Breakdown

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Nutmeg revenue breakdown by business segment: 97.6% from Digital Discretionary Investments Management and 2.4% from Other

Human Capital Metrics

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Nutmeg Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Nutmeg Online and Social Media Presence

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Nutmeg News and Updates

Nutmeg hits £3bn in assets after record growth

Digital wealth manager Nutmeg has announced that it has surpassed £3 billion in assets under management following a record 72% year-on-year growth.

Digital wealth manager Nutmeg sees surge in clients during record year

Nutmeg has today announced that it has surpassed £3bn in assets under management following a year-on-year growth of 72 per The post Digital wealth manager Nutmeg sees surge in clients during record year appeared first on CityAM.

Nutmeg Celebrates New Norwalk Location W/ DMV Express

Credit Union Opens Up 4th Location Partnering with DMV

Nutmeg joins Starling Marketplace

Two of the UK's most prominent fintechs are coming together as digital bank Starling adds robo-adviser Nutmeg to its marketplace. Starling customers will now be able to connect their personal and sole trade accounts to the investments or pension products that they hold on Nutmeg's platform.

Nutmeg works with JPMorgan to launch 'Smart Alpha' portfolios

Nutmeg’s goal has always been to bring wealth management to as many people as possible. The advent of digital technology has given our clients the chance to invest for their future at minimum cost and without prohibitive barriers to entry. We do not believe in being disruptive for the sake of it, b…

Exclusive: Digital wealth manager Nutmeg customers surge past 100,000

Digital wealth manager Nutmeg has enjoyed a coronavirus boost and now boasts more than 100,000 customers after investors shifted online amid the pandemic. The robo-adviser saw a 33 per cent increase year-on-year in its customer numbers to pass the 100,000 milestone, with assets under management (A…
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Nutmeg Blogs

The next chapter of Nutmeg’s journey

A decade ago, Nutmeg was founded with an ambitious mission: to democratise wealth management by empowering nations of investors. Through technology innovation, hiring the best and brightest people and always pushing to do things better, we’re transforming an industry to help many more people achieve…

The future of pensions

Retirement saving is a challenge for many people and making pensions more user-friendly while helping people build up bigger savings are key priorities for the government. Inspiration for improving the system sometimes comes from other countries, so here we look at retirement saving around the world…

Pension planning for millennials

Being retired is like having a lifetime of Saturdays stretching out before you. Having enough money to no longer have to work is an incredible freedom. What would you do with your days if you didn’t need to work to pay the bills?   Thinking about ‘pensions’ often conjures up images of outdated stere…

Nutmeg investor update: June 2021

In this month’s investor update, our CRM manager, George Santa-Olalla, speaks with our director of investment strategy, Brad Holland, about how the continued easing of lockdown measures in global economies has impacted the markets in May. They also discuss market volatility, particularly in the Nasd…

Is inflation finding its feet?

In June 2020 we gave a non-consensus view that inflation definitely ‘had a future.’ Now that inflation has begun to rise, we ask whether inflation has indeed found its feet. We conclude that inflation a little above 2% over the long term is a natural part of global economic healing; not only from CO…

The emperor’s crypto clothes: Why we don’t consider Bitcoin investable

A lot has changed since we first wrote about bitcoin three years ago; indeed, even since January this year when we took another look. We have witnessed an incredible rise in volatility and expansion of the crypto offering, which led the FCA to issue the following statement at the start of 2021.  “In…
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Nutmeg Frequently Asked Questions

  • When was Nutmeg founded?

    Nutmeg was founded in 2011.

  • Who are Nutmeg key executives?

    Nutmeg's key executives are Neil Alexander, Nick Hungerford and Darragh Geraghty.

  • How many employees does Nutmeg have?

    Nutmeg has 228 employees.

  • What is Nutmeg revenue?

    Latest Nutmeg annual revenue is £9.3 m.

  • What is Nutmeg revenue per employee?

    Latest Nutmeg revenue per employee is £40.7 k.

  • Who are Nutmeg competitors?

    Competitors of Nutmeg include Wealthify, Freetrade and Alvarium.

  • Where is Nutmeg headquarters?

    Nutmeg headquarters is located at 1-45 Durham St, Vauxhall, London.

  • Where are Nutmeg offices?

    Nutmeg has an office in London.

  • How many offices does Nutmeg have?

    Nutmeg has 2 offices.