Terrible raises £195k from Investing Women Angels to scale its merchandise platform.
Terrible develops a merchandise technology platform that manages supply chains, payments, logistics, and sales data for musicians and creative creators. The firm supports over 400 clients globally, including prominent recording artists.
Terrible has secured £195k in an equity investment round led by Investing Women Angels, alongside individual angel investors. The company provides a full-service merchandise supply chain and technology platform tailored for musical artists, comedians, and gaming creators.
The capital will be directed towards advancing the platform's technological capabilities and making strategic hires. These resources aim to accelerate international expansion, with a particular focus on scaling operations in the United States market.
The funding builds on an established relationship between the business and its lead backer, following CEO Tersha Williams' success at the 2020 AccelerateHER Awards. Alongside the investment, Pamela Barclay from Investing Women Angels will join the company board as Investor Director.
Investor perspective
"IWA is immensely proud to be leading this investment to support Terrible*, an innovative and inspiring merchandise technology business bringing a fresh and unique approach to its market. I am also very excited to be joining the board and supporting the business through this growth phase as its Investment Director."
Pamela Barclay
Investor Director, Investing Women Angels
Use of funds
- 01Continue product development
- 02Grow the team
- 03Expand into international markets