$31.0M
The London-based marketplace platform has raised $31m in venture debt from J.P. Morgan to fund artificial intelligence development and international expansion.
"We’re delighted to support Fresha on their continued growth journey"
JM
JP Morgan
CorporateJP Morgan is a global financial institution that provides banking and investment services.
Portfolio
2
companies
By category
- eCommerce£770M
- Uncategorised£23.7M
By location
- Manchester£770M
- London£23.7M
Portfolio companies
Fresha
Fresha provides a marketplace and business management platform for salons, spas, and wellness professionals.
TH
The Hut Group
The Hut Group operates international online beauty and wellbeing retail brands powered by proprietary e-commerce technology.
Team
CK
Christos Kolimenakis
ZG
Zev Garell
LinkedIn
Chris Wood
RJ
Richard Johansson
Richard serves as Managing Director at JP Morgan, having spent his career rising through the ranks at the firm since 2005.
LinkedIn
Alexandra Wyatt
U.K. Innovation Economy banking
Alexandra brings venture capital and growth banking experience from roles at J.P. Morgan and Silicon Valley Bank, following strategy consulting at Monitor Deloitte.
LinkedInRecent investments
£770M
The revolving credit facility will support major investments in beauty, technology and infrastructure.
"We are delighted to join The Hut Group’s core banking facility at this exciting time in the company’s development. This transaction is in line with the banks strategy of facilitating UK corporates with their trade flows to China and underlines our confidence in the THG management team."
