Equity fund raising
Torch Partners has advised Notonthehighstreet.com on its recent £21m Series E round equity investment from Hubert Burda Media Group and existing investors (Index Ventures, Industry Ventures, and Eight Roads Ventures). The investment will be used to build its product categories, expand internationally plus further invest in technology, innovation, marketing and operations. Notonthehighstreet.com is the leading curated marketplace for independent creative businesses in the UK.
Torch has advised many of Europe’s most exciting consumer internet companies, developing long-term relationships to help them achieve their goals. This is Torch’s second transaction with Notonthehighstreet.com, first working with them on their equity fund raising led by Industry Ventures in 2013. We are delighted to help them achieve an excellent result on this latest round.
Torch Partners acted as exclusive financial adviser to Notonthehighstreet.comURL: Investor:
Hubert Burda Media Group, Index Ventures, Industry Ventures and Eight Roads VenturesSector
Consumer Internet and Digital MediaProduct