• Target

    £850,000

  • Type

    Equity

  • Close Date

    May 31 2019

  • Status

    Live

RISK WARNING: Your capital is at risk. The risks include: the lack of liquidity in this market in terms of being able to realise investments and the loss of the value of investment. When you invest any loss in value will not be covered by the Financial Services Compensation Scheme.
Please read FULL risk warning.

Sprint Enterprise Technology

Sprint provides a SaaS based data aggregation and client reporting platform ‘Fastrak’ for the Wealth Management industry.

Investment closes only once the total pledged amount passes the minimum of £350,000

Total Pledged: £425,056
Max

£850,000

A pledge is not a commitment. You will be asked to confirm in the next section.

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Overview

Sprint Enterprise Technology’s product “Fastrak” is a SaaS-based data aggregation and client reporting platform for the Wealth Management industry. 
Fastrak provides Wealth Management firms with a single and accurate view of all their client’s investment data, and a flexible reporting front-end to produce highly customised and bespoke client reports in a more time efficient manner. The core Fastrak product is now embedded with 76 clients, and monthly revenue up 50% on a year-on-year basis.
Additional funding is being sought to ramp up Sprint’s development and support capacity to build out new Fastrak functionality in partnership with its existing client base, to accelerate the roll-out of both Fastrak and Fastrak Pro, and to explore the Fastrak Data commercial opportunity.
Investment
Deal Manager avatar

Deal Manager
Scott Haughton

  • Sector: Technology / IT / Software
  • Region: UK: London
  • Stage: Established - existing revenue, pre-profit
  • Eligible Tax: EIS
  • Board Requirement:
  • Pre Money Valuation: £6,000,000
  • Share Price: £159.58
  • Originator: Envestors
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Originator


Originator: Envestors

Investment Focus: Equity and Debt

About: Envestors is a FCA regulated corporate finance adviser in the UK and operates an international network of sophisticated investors investing an average of £42,000 in high growth unquoted companies seeking £250,000 to £2m in equity funding.

Contact Name: Oliver Woolley

  • Registered Investors
    Over 1000
  • Investment through platform
    Over £100m