Today, it gives me great pleasure to announce that we’ve raised a new round of investment from a line-up of stellar angels. I’m excited for three reasons.* *Okay, I’m excited for hundreds of reasons, but who am I to question the Rule of Threes? The Encore house band is shaping up nicely. Taken at our home in TechHub London on 20th Oct when we only had 7 team members, this photo is already outdated! 1. Our team has doubled Growing our team was
Since founding Encore in September 2014, we’ve raised two rounds of funding that would typically be called “Seed” rounds. The first, a modest round in August 2015, enabled us to make our first hires and begin experimenting with paid user acquisition. The second, which closed this month, will allow us to grow our team further and further accelerate our rapid growth. Raising these rounds took six and three months respectively. The good folks at Entrepreneur First prepared us well for fundraising, in a theoretical sense.