09 Feb 2017

Angel Investment Network announces four new deals

Angel Investment Network (AIN) are delighted to announce that they have recently

09 Feb 2017

Angel Investment Network announces four new deals

Angel Investment Network (AIN) are delighted to announce that they have recently completed four deals through their network. AIN helped Novastone to close off its last angel round which was oversubscribed in under 3 weeks. Novastone aims to disrupt the banking sector by giving a compliant, instant mobile and web messaging platform to handle client relationships. It has been shortlisted for the FT’s Future of Fintech Awards 2016 and its founder was invited to attend the World Economic Forum in Davos to discuss the future of fintech. Novastone’s  platform comes at a crucial time for the banking sector (Deutsche Bank have just banned Whatsapp) and its technology delivers the speed and convenience of instant chat, with the security of biometric scanning and banking grade encryption.

Repairly has also just closed a £265k funding round. With 32,000 smartphone screens being smashed every day in the UK alone, Repairly is disrupting the billion-dollar technology repair services industry by offering collection, repair and return (in under 3 hours). Repairly’s mission is to make it extremely simple to get your phone, tablet or laptop repaired.

“Angel Investment Network were crucial in connecting us with top angel investors in the UK. AIN were very supportive and helpful throughout our fundraise, offering helpful advise, tips and importantly – contacts, along the way.”

HiyaCar, a peer-to-peer car rental platform, has closed a £1.7m round. Graeme Risby, HiyaCar co-founder and CEO was delighted with AIN’s contribution to the raise: “Angel Investment Network delivered in every possible way and very professional from the start to end. They delivered investment through their network but more importantly for us, investors who can add real value to the business with their experience. We’ve engaged with several investment networks in London over the years and I believe AIN are the very best out there.”

AIN are also delighted to announce that Swytch has just closed its second round after they helped it to secure an initial round in 2015. Swytch offers its users a way to have more than one phone number per phone and it is now focusing on its business offering. CEO Chris Michael said: “Raising funds is a requirement for many startup entrepreneurs, but it takes a huge amount of time and resources. We were approached by many who were offering us introductions for fees etc., but nobody came through like AIN did. They found investors, especially those abroad, that we wouldn’t have identified ourselves. This is the second time AIN have assisted with a Swytch investment round, and I hope to work with them again in the future.”

Source: Angel News

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