London based startup Inveztor™ has announced the successful completion of their first funding round, raising a total of £1.3M from a group of angel and institutional investors.
The round was more than two times oversubscribed and generated significant interest in the market, closing with a total of 17 investors including, Marcus Everard (via private family office Skye Capital), direct investment company StemFinancial, venture capital fund Portfolio Ventures, and several angels including Philip Lynch and Rupert Eastwood.
Inveztor has generated significant interest amongst financial institutions and law firms operating in DCM, securing key clients, establishing partnerships and creating strategic alliances. Speaking in relation to the recent fundraising round CEO and founder Katee Hunter said, “What is really positive about the raise is that we managed to bring together a remarkable group of investors. It's encouraging for an early stage FinTech to have such a powerful investor group with such valuable experience”.
Katee added, “Each shareholder brings individual skill sets and experience that collectively covers the key aspects of the bond agency business specifically, and start-ups more generally, which gives Inveztor significant strategic advantages. We’re looking forward to working closely with each of our shareholders as the company grows and as we prepare for the launch of our MVP in September”.
The round was led by investment from:
Skye Capital
Skye Capital is the Hong Kong based family office of investor, Marcus Everard. Marcus started his career at Credit Suisse First Boston (now Credit Suisse), retiring in 2001 when he was managing the firm’s Asia and emerging market business.
Through Skye and associated companies he has significant interests in various private businesses.
Stem Financial
StemFinancial is a Hong Kong based direct investment company led by Philip Lynch and Sarah Wang specialising in financial and professional services.
They co-invest with and alongside institutions, family offices and other specialist investors. They bring deep experience in the capital markets and growth equity particularly in tech enabled financial and corporate services businesses.
StemFinancial is partnering in this investment with Martin Crawford, the founder of another StemFinancial portfolio company, Acclime - Asia's leading corporate services provider.
Portfolio Ventures
Portfolio Ventures invests in UK B2B SaaS and Fintech companies raising Pre-Seed to Series A rounds. PV invested from their first Angel Fund which is backed by leading UK founders and angel investors.
The fund is backed by a great mix of investors including some of the UK's leading angels, tech founders, and corporate NEDs. Portfolio Ventures has a network of 1,500 investors who regularly co-invest alongside its funds.
Rupert Eastwood
Rupert is an experienced chair, non-executive director and adviser to a wide range of early-stage companies. He particularly concentrates his investment in technology, fintech and SaaS. Rupert was previously founder & CEO of independent global Asian equities broker JI Asia, which listed on the Tokyo Stock Exchange and subsequently was acquired in a takeover bid by China’s second largest broker, Haitong.