Right Coverage raises £20k in pre-seed funding to support cash flow and revenue growth
The Halifax-based firm secured the capital in under 14 days at a £2.4m pre-money valuation.
£20.0KPre-Seed
Right Coverage provides insurance coverage solutions and has scaled its monthly recurring revenue rapidly since launch. The business operates from Halifax in the United Kingdom.
Right Coverage has secured £20k in a pre-seed funding round completed in under two weeks. The capital will support cash flow as the firm targets an increase in monthly recurring revenue from £40k to £100k.
Having launched less than 15 months ago as a bootstrapped enterprise, the company achieved a pre-money valuation of £2.4m for the raise.
Use of funds
- 01Scale operations
Categories
About the company
RC
Right Coverage
Right Coverage provides insurance solutions to businesses.
£20.0KRaised