20th March 2021
Halifax – UK
www.rightcoverage.co.uk announce the closure of a pre-seed round to aid cashflow as they grow monthly recurring revenue (MRR) from the current 40K to 100K. Initially bootstrapped, rightcoverage have grown to 40K MRR in less than 15 months from launch.
The raise terms were at a sensible pre-money valuation of 2.4M and rightcoverage quickly raised ~20K in less than 14 days.