Connectd, which helps connect investors and startups, has reportedly collected $2.6m in a fresh funding round.
The investment was supported by LiFE Ventures, Blue Lake, Mail Venture Partners, Arch Law and Syndicate Room, according to a report from UKTN. Several unnamed angel investors also committed capital.
Connectd supplies advisors with a platform to connect with UK startups as well as get support and guidance from experienced experts and mentors.
As for investors, Connectd provides them with deal flow and portfolio management tools that allow teams to manage, track and report on investments. It boasts real-time portfolio insights, personalised deal flow and metric tracking.
Finally, startups can use the platform to make connections with UK angel investors. They also have access to a reporting suite, portfolio management system and smart match technology.
The system also has a Venture Builder Programme, which includes technical support from in-house specialists to develop financial models, pitches and more. There are also pitch days to angel investors and sessions to learn about marketing, sales, technology and fundraising.
Speaking on the deal, Connectd founder and CEO Roei Samuel said, “In the current economic environment, Connectd is incredibly well positioned to help founders to provide transparency and bridge the gap between their business and their investors, with tools that help manage relationships and monitor and report performance.”
The FinTech company has raised a total of £4.7m in equity.
In other FinTech news, Masttro, a WealthTech firm that manages the wealth of ultra-high-net-worth families, raised $43m in a growth equity investment. The investment was led by FTV Capital, with commitments also coming from Citi Ventures.
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