£2.0M
The preschool learning platform has secured multi-million pound backing from Sandbox Partners to drive international expansion.
"The funding we received from LBA’s Angels in the City programme helped to fill a gap; we needed more money than we could raise from friends and relatives, but it was too soon for us to go down the conventional Venture Capital route. As well as the financial backing to get the business off the ground, our investors offered us valuable strategic advice which has helped us grow. Hopster’s grown strongly since we closed the funding – Apple iTunes has ranked us in the top 20 for children’s apps and we are currently planning to expand our operation internationally. None of this would have been possible without that initial support."