HeadBox closes £1.4m Series A to expand across the UK
HeadBox, an online marketplace for booking offsite meeting spaces, has raised a £1.4m Series A round.
Investors include Sir Brian Williamson CBE, chairman of R.J Fleming, Jeremy Thompson, CEO of Cision, Matt Isaacs, founding partner and executive chairman of Essence, Johan Svanstrom, global president of Hotels.com and Wild Blue Cohort, a network of private Angel investors.
The startup, which enables users to search, book and pay for creative offsite spaces online, says it will use the funds to accelerate its UK growth.
Andrew Needham CEO of HeadBox, commented: “We aim for HeadBox to be the global go-to platform for bringing people and spaces together all in one place to make brilliant things happen. We want to change the way people think about space, unlocking people’s imagination to the different uses and applications of space and what incredible things can be created, made, experienced and achieved within the right space.”
In 2016, HeadBox rolled out in Manchester, Birmingham, Bristol and Liverpool, and the firm also hopes the funding will help bring the platform to new cities across the globe in the future.
Johan Svanstrom, global president of Hotels.com and new HeadBox investor, said: “HeadBox offers a fast, simple and innovative solution to an age-old problem of finding and booking unique spaces for work related events. It has the potential to be the leading online marketplace for creative and inspiring event spaces – both in the UK and internationally.
“I can see the platform has the ability to leverage a number of additional revenue streams to those it is already proving. It has extraordinary commercial potential,” he concluded.