We are pleased to announce that Money Dashboard recently raised a further £2.5 million. The funding, led by private equity fund manager Calculus Capital, included investment from Ariadne Capital, Par Equity, and The Scottish Investment Bank, and adds to the initial £2.7 million investment made in November 2013.
The funds we have raised will be used to build native mobile apps as well as adding new features to the platform, with a particular focus on helping our Users budget more effectively and make the most of their money.
Money Dashboard is now trusted by nearly 100,000 people who have added their financial accounts to the platform and as a result have more control of their financial lives.
As a result of our fast growth and ambition, Money Dashboard was selected to join a select group at the London Stock Exchange's two-year ELITE mentoring scheme for high-growth private UK companies last April.
Working closely with our brand partner, ZAG, a part of global marketing and advertising agency BBH, we will also focus resources on further building our market position and differentiation in an effort to reach more people.
As ever, thanks for your ongoing support. I look forward to updating you on further developments throughout the year.
Gavin Littlejohn, Founder and CEO