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