Tech Company Financing Transactions

Lottie Funding Round

Private investors and Kindred participated in a $2.6 million capital raise for Lottie. This venture round closed on 2/16/2022.

Transaction Overview

Company Name
Announced On
2/16/2022
Transaction Type
Venture Equity
Amount
$2,550,000
Round
Undisclosed
Investors

private investors (Lead Investor) (Chris Donnelly)

private investors (Lead Investor) (Will Donnelly)

Kindred (Lead Investor) (Maria Palma)

private investors (Caroline Hudack)

private investors (David Wascha)

private investors (Tom Blomfield)

private investors (Victoria Lennep)

Proceeds Purpose
The fresh capital will be used to supercharge its marketplace expansion and care concierge services across the UK, as well as extending the company's offering to the independent living sector - a market forecast to grow due to the rising demand for age-fit accommodation from the 55+ population.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Undisclosed
London England, Undisclosed
UK
Email Address
Overview
Choosing a care home for yourself or a loved one is an extremely important decision. Why? Because a bad care decision can not only be an expensive and a permanent mistake, but it can also be life threatening. Yet finding the right care home today remains to be time-consuming and highly stressful. This is because most first-time care choices take place following a sudden illness, injury or loss of carer, meaning complex decisions are often made urgently and under extremely distressing circumstances. And unsurprisingly, most care seekers know nothing about the social care sector or what makes a good elderly care home. Why would you? Care homes probably aren't at the top of your reading list
Profile
Lottie LinkedIn Company Profile
Social Media
Lottie Company Twitter Account
Company News
Lottie News
Facebook
Lottie on Facebook
YouTube
Lottie on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris Donnelly
  Chris Donnelly LinkedIn Profile  Chris Donnelly Twitter Account  Chris Donnelly News  Chris Donnelly on Facebook
Co-Founder
Will Donnelly
  Will Donnelly LinkedIn Profile  Will Donnelly Twitter Account  Will Donnelly News  Will Donnelly on Facebook


 

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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