The Seedrs monthly round up for July 2019 includes a variety of investments and prominent funding for companies in tech sector. Click here to see the round up from last month.
Paysend:
How much raised: £8,729,417
Number of investors: 903
For what: Proceeds from this raise will be used to add strategic products in line with its vision of money for the future
- Paysend specialises in international money transfers to allows customers to pay, hold and send money anywhere in an instant with a minimal fixed fee
- Over 900,000 users in over 70 countries
- Facilitated over 2 million transactions every month and processed over $55M per month
- GVA capital invested £3.95m into the round
Stashbee:
How much raised: £2,503,627
Number of investors: 880
For what: Raised funds will be used to launch in other major cities across the UK and expand the team at Stashbee HQ
- Stashbee connects individuals and businesses who have spare space with those who need it – AirBnB for storage
- Has 1 million square feed of bookable space on the platform – now the 6th largest storage provider in the UK
- Stashbee hires out homeowners’ garages, spare rooms or outhouses
- The platform automates the entire booking process
- Runs ID checks on both parties
Commuter Club:
How much raised: £2,330,992
Number of investors: 804
For what: Raised capital to continue to fund growth, acquire customers, develop the tech platform and reach profitability in 2020
- Commuter Club is the leading UK provider of season tickets as a subscription service
- On a mission to save commuters time, money and hassle
- To date has issued over £70m in loans to over 20,000 customers
- Generating just under £1.3m in revenue
- Its goal is to become the go-to-hub for all commuter needs
Assetz Capital:
How much raised: £1,866,500
Number of investors: 113
Who are the investors: Investors on crowdfunding site Seedrs
For what: This funding round is to support the next substantial phase of our growth, further strengthen our cash levels and balance sheet
- Assetz Capital is the leading property-secured business P2P lender in the UK and Europe, and the second largest overall general business P2P lender–behind only Funding Circle
- Provides loans to SMEs and property developers in the UK
- 30,000 lenders have funded over £750. of facilities and earned £70m to date
- Ranked 53rd out of the UK’s top 100 fastest-growing technology companies in the Sunday Times Tech Track 100
Fitu:
How much raised: £373,240
Number of investors: 101
For what: Raised funds will be used to accelerate growth, further penetrate the London market and expand internationally
- Fitu allows customer to discover and instantly book great deals on amazing fitness activities near you
- Lists 170 London studios, gyms and trainers
- Features a total of 460 unique weekly workouts
- Averaging over 500 monthly downloads so far in 2019
MergerLinks:
How much raised: £243,499
Number of investors: 196
For what: Funds raised will be used to build the network of content distribution partners, including the financial press
- MergerLinks the platform for M&A professionals to connect with clients and originate new business
- Global dealmakers can identify and connect with transaction counterparts based on their credentials and relationships
- In just 8 months they have build a global audience of 30,000
- Attracted over 30 content partners, including investment banks and law firms
Evarvest:
How much raised: €239,513
Number of investors: 599
For what: Investment raised will be used to launch its app, continue global expansion and increase its educational library
- Evarvest is uniting the world’s stock exchanges, making it simple to invest in the brands you love
- Making investing as simple as having a smartphone or good wifi
- At the same time educating people around how to invest wisely
- Has a waitlist of over 20,000
- Launching in the second half of this year