3 years ago

Foundy Raises £1.25M to Modernize M&A for Startups

  • Foundy, a London-based startup that has built an online marketplace to modernize the M&A industry for startups, has secured a £1.25M seed round led by Fuel Ventures

  • The company will use the funds to grow its engineering, marketing, and account management teams as it plans to expand its product offering and international presence

  • Foundy claims to reduce the time it takes to buy or sell a company, making it up to 4x faster than traditional acquisition processes.

      • ProblemTechnology Infrastructure

      "Founders of businesses, regardless of their size, need access to the right buyer pool and support infrastructure to complete life-changing deals. The traditional acquisition process is time-consuming (9 to 18 months), expensive, and fraught with delays."

      Solution

      "Foundy is a marketplace that connects buyers, sellers, investors, and M&A advisors to help make the acquisition process simple, safe, and secure. They provide technology startups with affordable access to UK and international buyer and investor networks, advisory services, and resources to complete rewarding exits for their shareholders."

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