Tech City start-up wins £2 million investment
A business supported by Innovate UK that uses online technology to match small businesses with potential finance is set to treble in size.
Funding Options is a business that uses modern web technology to match small businesses with the right finance and finance providers. Founder and chief executive Conrad Ford launched the business in 2011 after winning £100,000 in Innovate UK’s Tech City Launchpad competition and then securing the same in private funding.
The business has since grown to employ 12 at its base in Southwark, London, and at offices in Manchester and Liverpool.
Funding Options has now attracted £2 million in private investment that will allow it to double or even treble in size. It also means that it can expand its successful work with small businesses that has already seen hundreds of jobs either saved or created.
