Wild Blue Angels bring new blessings

Author

Wild Blue Cohort

03 November 2015

Seven new businesses are now up and running thanks to help from Wild Blue, a network of business angels centred on West London. With almost 40 members, the syndicate is also now developing a new accelerator space for early stage companies in Holland Park, in partnership with multiple-award winning real estate developer The Collective.

Wild Blue Cohort, the business angel investment network for West London, is pleased to announce a new investment by members in a service designed to allow SMEs to halve their legal bill.

Following an earlier round of $400,000, Lexoo the legal tech start-up matching UK SMEs and entrepreneurs with handpicked lawyers, has raised a further $1.3 million in funding.

Members of Wild Blue joined a funding round led by Forward Partners and including other prominent investors, such as Jonathan McKay (chairman of Just Giving), Duncan Jennings (founder of Vouchercodes), Tim Jackson (Lean Investments), Robin Grant (founder of We Are Social) and the London Co-Investment Fund.

Lexoo CEO – and West London resident – Daniel van Binsbergen says, “This funding round gives us the opportunity to further accelerate our growth and help thousands more businesses find the lawyer that’s right for them.”

In a second new development, Wild Blue has announced a new partnership with multiple award-winning property company The Collective.

With support from the Royal Borough of Kensington & Chelsea, Wild Blue and The Collective are co-developing a shared working space at 205 Holland Park Avenue.

The space will be a home for local investors, entrepreneurs and businesses who want to operate and grow in the area. 205 Holland Park Avenues will host a new accelerator programme for early stage ventures and an unique reinvestment fund founded upon profits from management of the space.

For more information about Wild Blue, please contact David Barrie, Founder/CEO at david@wildbluekc.com or for investment enquiries contact Deepali Nangia, Investment Director at deepali@wildbluekc.com. Follow us at Linkedin: http://bit.ly/1UGiCnr and Twitter: @WildBlueKC. More on Lexoo: http://www.lexoo.co.uk/ and The Collective: http://www.thecollective.co.uk/

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