Deals

Prop-tech March 23, 2020

Fuel Ventures gets into the Hammock

Hot on the heels of Fuel Ventures’ recent investment into Gyana, we advised Fuel on its investment into emerging prop-tech company Hammock Financial Services.

Fuel went in as the lead investor on Hammock’s £1 million raise, investing alongside Founders Factory and a handful of SEIS investors.

Hammock was founded in 2019 to offer landlords a one-stop-shop to help track and collect rent and easily manage property finances from one easy-to-use app.

Deal/project: Seed investment

Date closed: 26 February 2020

Space: Prop-tech

Other lawyers and advisors: Fieldfisher acting for the Company

Total

£1 milion

£1 milion
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