Tech Company Financing Transactions
Sprive Funding Round
Ascension Ventures, Channel 4 Ventures and Two Magnolias participated in a $7.3 million capital raise for Sprive. The round closed on 4/28/2025.
Transaction Overview
Company Name
Announced On
4/28/2025
Transaction Type
Venture Equity
Amount
$7,300,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds will be used to enhance Sprive's platform, which helps UK homeowners repay their mortgages faster through automated savings and cash-back rewards. The app connects to users' bank accounts, analyzes spending patterns, and allocates spare funds toward mortgage overpayments. Additionally, it continuously scans the market to help customers find better mortgage deals.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
London, England, Undisclosed
UK
London, England, Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Overview
We're passionate about building technology to help you achieve financial freedom, without having to make lifestyle changes or stop doing the things you love. We've built Sprive so you can chip away at your debt and save thousands in interest, just by living your everyday life.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jinesh Vohra
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Our team works diligently to record tech company VC transactions. VC investment data records on this site come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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