Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.

SFC raises £250K for Tapoly

Share on

Startup Funding Club raises £250,000 of SEIS and EIS funds for on-demand insurance solutions provider Tapoly in collaboration with the London Co-Investment Fund.

Startup Funding Club (SFC) and the London Co-Investment Fund (LCIF) have invested £250K into Tapoly, a comprehensive on-demand insurance solution supporting the growth of the sharing economy. The company was first introduced to the SFC Angel Network in October, when its founder Janthana Kaenprakhamroy presented it at SFC’s monthly pitching and networking event. Tapoly was well received by the audience, which has ultimately led to SFC Angels backing it.

The SEIS and EIS funds come from Startup Funding Club and the London Co-Investment Fund, who matched the investments from the SFC Funds and Angel Network. This investment marks the second collaboration between SFC and LCIF and represents the latter’s 100th investment.

Joseph Zipfel, Investment Manager at SFC, commented: “There is currently a gap in the provision of insurance products tailored for the needs of the sharing economy and we believe that Tapoly have designed solutions that are highly innovative and value adding for the sector. We are pleased to back a very credible management team and to be co-investing with the London Co-investment Fund on their 100th investment!”
 

Subscribe Here!

Related Articles

Startup Funding Club invests in 25 companies across various sectors through its 2017 SEIS/EIS Funds
Startup Funding Club has closed the first tranche of its SEIS/EIS Funds by investing over £2M in 36 ...
Retail analytics startup Shoppar receives £300,000 of SEIS & EIS funds and marks the first co-invest...

DISCLAIMER:
SFC Capital Ltd (SFC) is an appointed representative of SFC Capital Partners Ltd which is authorised and regulated by the Financial Conduct Authority (‘FCA’) in the United Kingdom (FRN 736284). This website is intended for professional investors only; any reproduction of this information, in whole, or part, is prohibited. The content is for information purposes only and should not be used or considered as an offer or solicitation to purchase or sell any securities.

Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Investment in SEIS/EIS eligible companies should be considered as part of a diversified portfolio. The availability of tax relief depends on individual circumstances and may change in the future. The availability of tax relief depends on the company invested in maintaining its SEIS/EIS qualifying status. There is no assurance that the investment objectives of any investment opportunity will be achieved or that the strategies and methods described herein will be successful. The investment products cited herein may place capital at risk and therefore investors may not get back the full amount invested. Past performance is not necessarily a guide to future performance and the value of an investment may go down as well as up. Investors may not get back the full amount invested. Companies’ pitches for investment are not offers to the public and investments can only be made by members of SFC Capital. SFC Capital takes no responsibility for this information or for any recommendations or opinions made by the companies. Neither SFC Capital nor any of its employees provide any financial or tax advice in relation to the investments and investors are recommended to seek independent financial and tax advice before committing. This website is not directed at or intended for publication or distribution to any person (natural or legal) in any jurisdiction where doing so would result in contravention of any applicable laws or regulations. No warranties or representations of any kind are expressed or implied herein. This material is confidential and is the property of SFC Capital.

© SFC Capital - 2024