Railpen
Overview
Railpen is responsible for the safekeeping and investment of around £34 billion in assets for the 350,000 members of the railways pension schemes, one of the UK's largest and longest established pension funds . Railpen provides market-leading pension administration, investment and fiduciary services for Defined Benefit (DB), Career Average Revalued Earnings (CARE), Defined Contribution (DC) and Hybrid Schemes, offering fully outsourced or co-sourced arrangements to its clients .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Starling Bank | Apr 2022 | Series D Extension | Co-investor |
| CMR Surgical | Apr 2025 | Early Funding | Co-investor |
| CluneTech | May 2022 | VC Round | Co-investor |
| Gousto | Feb 2023 | VC Round | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Railpen based?
Railpen is headquartered in London, England, United Kingdom.
When was Railpen founded?
Railpen was founded in 1980.
How many portfolio companies does Railpen have?
Railpen has 9 portfolio companies in Caplight's dataset.
What are some companies in Railpen's portfolio?
Portfolio companies visible on Caplight include Starling Bank, CMR Surgical, CluneTech, Gousto.
What was Railpen's most recent investment shown here?
Railpen's most recent investment in this portfolio sample was in CMR Surgical in 2025.
What sectors does Railpen focus on?
Railpen focuses on Telecommunications & Networking, Telecommunications & Networking, Consumer & Commerce, Energy & Sustainability, FinTech, Healthcare & Life Sciences, FinTech, FinTech, Energy & Sustainability, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech.
What company stages does Railpen focus on?
Railpen typically invests at the Late stage.
What is Railpen's AUM?
Railpen's assets under management are estimated between $10.0B and $100.0B.