GSR Ventures is an early-stage investor focusing on technology companies that develop AI-enabled fintech, healthcare technology, enterprise software, and consumer platforms. Founded in 2004, the firm manages billions in assets with a team comprising former founders, physicians, and executives.
Portfolio
1
companies
AUM
£3700M
under management
Jefferson Chen
partner
The financing round includes participation from GSR Ventures and Citi to fund international expansion and product rollout.
"A new investment of this size, which comes from a mixture of VC funds and global banks, is a testament to the demand for and success of Abound and Render. It speaks to the confidence investors have in our business to keep growing and in our AI-powered technology to continue transforming consumer credit."
The funding round includes backing from Citi, Waterfall Asset Management, K3 Ventures, GSR Ventures, and Hambro Perks.
"Our approach to lending remains unique in the finance industry and this latest investment, which comes from a mixture of tech multinationals to global banks, is a testament to the demand and success of our service, particularly in this current challenging economic landscape. Abound has gone from strength to strength since we first launched and we’re excited for the next stage of growth as we look to capitalise on the strong foundations we’ve embedded with customers, and to revolutionise lending forever."