K9 Nation secures £167,000 in second round of investment
K9 Nation, a community for dog owners and dog-friendly businesses, is celebrating having successfully completed a second round of investment funding, raising over £167,000 to support further development.
The business brings together dog lovers and dog friendly businesses from across the UK via an app and online marketplace. After securing an initial £250,000 pre-seed investment in 2020, this second round of funding will help the team take the business to the next level.
As part of this latest round of investment, the company received additional funding from key cornerstone investors from NorthInvest, alongside continued support from those involved in the pre-seed round.
The funding was headed up by Dr David Pearce, CEO of Leeds-based software development agency Nephos Solutions, and Jordan Dargue, Angel Investor and NorthInvest’s Investment Director, who both backed the company during the initial, pre-seed investment round and were keen to invest again as part of this second round of funding.
Jordan Dargue, said
“We’ve been delighted to see the outpouring of support for K9 Nation from investors and the wider community. When I first met Becky and the team, I knew this was a promising business with real potential and so I was pleased to join the team as Strategic Advisor and Non-executive Director during the first round of investment.
“We’ve achieved great things so far and I’m proud to provide ongoing support to the company as it moves forward and can’t wait to see how they grow and evolve with the support of this latest round of investment.”
Based in Leeds, NorthInvest is a not-for-profit organisation helping tech and digital start-ups across the North of England raise angel investment and access crucial expert support to help them fulfil their potential.
As part of this latest round of funding, K9 Nation has also made new additions to the wider team, including Mike Cripps, Founder of Panintelligence, and Richard Flint, Former CEO and Executive Chairman of Sky Betting & Gaming, and a Mergers & Acquisitions Lawyer from a well-known international firm, who will serve as Board Observer on behalf of the investors
Becky Baker, K9 Nation’s founder, said:
“We’re so pleased that we’ve secured this second round of funding with the help of NorthInvest. The money raised will go towards making significant developments to the K9 Nation app. We plan to invest in new technologies that will allow us to implement more features for canine-friendly businesses and dog owners alike, as well as further building on our community of over 2300 members.”
K9Nation is available online at www.K9Nation.dog and to download via the App store and Google Play.
Notes to editor
For more information, email [email protected] or call Becky Baker on 07787 158207.
NorthInvest is a not-for-profit investment organisation specialising in angel investment in tech and digital start-ups based in the North of England. NorthInvest is backed by the Northern Powerhouse and facilitates connections and investment between tech and digital startups and angel investors, as well as offering free coaching and mentorship opportunities to entrepreneurs and Non-Executive Director opportunities to investors.