Friday, November 22, 2024
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Nosso: Raises $2.8M in Seed Funding

Nosso Raises $2.8M in Seed Funding

  • Nosso, a London, UK-based provider of an app for parents to invest and plan for their children’s financial futures, raised $2.8M in Seed funding
  • The round was led by Octopus Ventures and Anthemis with participation from Entrepreneur First, Ventures Together, Errol Damelin, Tracy Doree and Peter Hetherington
  • The company intends to use the funds to continue expanding its product offering for families
  • The company provides an app that allows parents to open up Junior stocks & shares ISAs and General Investment Accounts and select investments from a range of ETFs managed by BlackRock
  • The company offers children investment accounts that two parents can track, manage and contribute to, together
  • The app also provides each user with a unique contribution link that they can share with anyone
  • The company is also expecting to launch one of the first fully digital Junior Investment Accounts (Bare trusts) later this year

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