Parcel Genie raises Angel Investment through an investor contact made through
Venture Giants is pleased to announce that we have received confirmation from an Investor on Venture Giants that he has invested in this promising venture.
The company that the investor from Venture Giants decided to invest in had developed a multi-award winning technology platform that transformed the transactional process when purchasing products on mobile phones.
The platform is proprietary with patents submitted and was highly scalable internationally.
The business had already raised over £600k, however, the business was seeking to raise an additional £200k in addition to reach its stretch funding target.
The company was selected as the UK’s ‘Most Promising Technology Startup’ in 2012 and was voted ‘Best Design and Technology’ company 2011.
The business was also Pepsi Co 10 winner and is a winner in Vodafone’s Mobile Clicks competition (the largest mobile start-up competition in the world). In recognition of the company's potential, Microsoft invited the business into its elite programme for its top 26 start-ups globally (from 40,000 companies).
Venture Giants was asked to keep the investment amount confidential, however, Venture Giants can confirm it was a sizable angel investment.
The real difference between Venture Giants and crowdfunding networks - is that Venture Giants focuses on matching entrepreneurs and startups with vetted angel investors. As is the case with most of the deals featured on Venture Giants - we will usually aim to find one or two investors that will co-invest the entire investment amount, and we do this completely commission free.
This is a potential saving of £7,500.00 per £100,000 raised for entrepreneurs, and our network has proudly saved over £500,000 in commission fees on completed deals for entrepreneurs.
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