The pre-seed round was backed by angel investors including Martin McCourt and Charlo Carabott.
"There is undoubtedly growing interest amongst phone owners in exchanging their used handset for a replacement that is also used, but in great condition. The challenge would-be ‘swappers’ have is the hassle they face in executing the transaction, and the chance that they will receive a poor trade-in deal and maybe a substandard product. Reboxed changes all of that with a fresh, easy to use platform that offers swappers a great deal and a fab service, second to none"
The newly launched fintech company secured the investment from industry insiders to bring its proprietary wealth management platform to market.
"We are entering an era where wealth managers will no longer be able to rely on market appreciation to drive revenue growth. We know from first-hand experience the significant and accelerating financial and regulatory challenges faced by the wealth management industry. Firms now need to focus not only on managing their cost base but growing their revenues via enhanced client engagement."
RLC Ventures led the pre-seed round with backing from Ascension Ventures and Force Over Mass Capital to fund product development and market expansion.
"We are delighted to have such award-winning investors supporting us and sharing in our vision. We look forward to showing treasurers how revolutionary modern technology can reduce technical complexity and improve the analytical capabilities of their teams."
LocalGlobe led the seed investment in the virtual venue platform, with participation from several prominent angels and firms.
"Once the pandemic hit, we both saw productivity surge in our respective teams but at the same time, people were missing the in-office culture. Video conferencing platforms provide a great service when it comes to meetings, but they lack the spontaneity and fun that form the basis of our relationships. Cosmos is a way to bring back that human connection that we’re lacking when we spend all day online, by providing a virtual world where you can play a game of Pictionary after work with colleagues or gather round a table to celebrate a friend’s birthday."
The London based startup raised the capital from twelve angel investors to expand its engineering team and fuel product development.
"The future of retail is built on data, but today’s FMCG data systems are beyond inefficient, and challenger brands are paying the heaviest price. We’re excited to use this investment to bring big brand data power to every supplier, to make sure brands are judged by the quality of their products, not the size of their data team."
