Fuel Ventures has backed the marketplace super seller in a seed round joined by several prominent angel investors.
"Dominic is a true entrepreneur – quick thinking, innovative and agile enough to recognise an opportunity and jump on it quickly. We have been so impressed with how he and his team have taken Boulevard to awe-inspiring heights of success in such early days. It’s clear from Boulevard’s unique approach, the building of their own end-to-end supply chain software and their impressive growth that they know how to be the big sellers on these platforms and continually adapting with the times. The decision to invest in Boulevard was an easy one for us: it is set to become a serious player among the world’s fastest-growing marketplaces."
Fuel Ventures backed the seed round to help Beyonk expand connectivity and tooling for tourism operators.
"Latest research shows 67% of global consumers would rather spend money on experiences over things, yet the market is highly inefficient and behind the times with ineffective and clunky tools. Beyonk has created a platform that empowers Experience Providers to excel online and minimise admin and by working with major tourism platforms, we’re able to add more value to businesses to help them attract visitors too."
BGF has led a £3m follow-on investment in the compliance software provider.
"The rapid acceleration of digital transformation in a remote working world and the consequent increased cyber risk has seen data security rising to the top of the agenda for many businesses. We’re ideally placed to support SMEs to improve governance and protect their people, operations, and intellectual property assets."
The London-based investment platform GroVentive backed the round to support the firm's expansion plans.
"Our vision is to enable vehicle hire operators and help the end customer cut through queues and paperwork to avail a seamless rental experience that is suited for the 21st century."
The investment round was led by Alliance Fund Managers with participation from the Development Bank of Wales.
"We’ve worked hard over the last few years to develop Tahdah as a secure online feature-packed management system that can be tailored to meet the bespoke needs of our customer base."