Post by les on Apr 26, 2023 11:19:31 GMT
April 26, 2023
"A rail ticketing app set up by a pair of entrepreneurs frustrated by the lack of legroom in standard-class carriages will this announce a multimillion pound fundraising backed by a syndicate of blue-chip investors.
Sky News understands that Seatfrog, a privately owned rival to the London-listed company Trainline, has secured £6m in new backing from shareholders including Pembroke, a venture capital firm which has backed successful UK companies including the fashion brand Me + Em and Five Guys, the burger chain"
Seatfrog secures £6m investment
"A rail ticketing app set up by a pair of entrepreneurs frustrated by the lack of legroom in standard-class carriages will this announce a multimillion pound fundraising backed by a syndicate of blue-chip investors.
Sky News understands that Seatfrog, a privately owned rival to the London-listed company Trainline, has secured £6m in new backing from shareholders including Pembroke, a venture capital firm which has backed successful UK companies including the fashion brand Me + Em and Five Guys, the burger chain"
Seatfrog secures £6m investment