Deals
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