Sidekick raises £4.5m in a seed round led by Pact VC and TheVentureCity to target millennials with cash to splash
Jun 13, 2024•over 1 year ago
Amount Raised
£4.5 Million
Round Type
seed
Investors
Semantic VenturesSeedcampOctopus Ventures1818BlackwoodMs&AdThe Venture CityPact Vc
Description
Sidekick, a wealth and savings app for millennials, has raised a £4.5m seed round led by Pact VC and TheVentureCity. The round gave the startup a post-money valuation of £15.5m. The company targets 'mass affluent' individuals and offers investment portfolio management, cash savings, and borrowing options.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers