Twenty7tec raised £16.5M in a Series A funding round led by BGF to enhance its technology infrastructure and expand its team to drive growth in the UK mortgage market.

Sep 09, 2024•over 1 year ago

Amount Raised

£16.5 Million

Round Type

series a

BournemouthFintechFinanceFinancial Services

Investors

Bgf

Description

Twenty7tec, a B2B fintech provider, secured £16.5 million investment from BGF to accelerate its product development and explore new market opportunities. The funding will support the company's growth strategy and enhance its service delivery.

Company Information

Company

Twenty7tec

Location

Bournemouth, Dorset, United Kingdom

About

Twenty7tec is a B2B fintech provider that focuses on transforming the UK mortgage landscape. Founded in 2014, the company provides a platform that streamlines the mortgage journey for advisers. It has established itself as a key player in the mortgage technology market, serving over 16,000 advisers daily. Twenty7tec is committed to delivering innovation and exceptional service to its growing customer base.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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