RavenPack is the leading big data analytics provider for financial services. Financial professionals rely on RavenPack for its speed and accuracy in analyzing large amounts of unstructured content.
The company’s products allow clients to enhance returns, reduce risk or increase efficiency by incorporating the effects of public information in their models or workflows.
RavenPack’s clients include the most successful hedge funds, banks, and asset managers in the world
Playtomic is the leading app for racket sports players in Europe. Using Playtomic’s app, players can reserve courts, join matches with other users, and become part of a community of players through a unique UI/UX. On the other side of the interface, Playtomic provides sports clubs with a next-gen management software that allows them to embrace the digital transformation by automating most of their daily activities.
Founded in 2008, Busuu is a language learning platform that provides users with a unique offering through a combination of AI-powered online courses and a global community of native speakers and tutors. Its proven methodology is available in 12 different languages, and has more than 100 million users worldwide.
Busuu is addressing the +$50bn language learning market, whose transition to digital has been significantly accelerated as a result of the Covid-19 outbreak. Its recent combination with live tutoring app Verbling makes Busuu a winning platform in the market as it provides a unique 360° online offering to challenge traditional offline learning.
The new funding will allow Busuu to accelerate its growth and become the leading player in the market through a continuous development of its product offering and the launch of new B2C and B2B distribution channels.
Per Roman, Managing Partner at GP Bullhound, said: “As I moved to Spain, I had to find tools to learn the language. Some of the apps I tried were either too gimmicky or felt like going back to school. Then I had a eureka moment with Busuu: top-of-class UX, fast learning, huge depth and real interactivity. I was hooked and so was my wife. We quickly converted to paying subscribers and in doing so I reached out to Bernhard Niesner, and the whole team met and got to know a driven, charming and visionary CEO. Just the kind of founder we like to back. Now with the tailwind in digital education, this became just the right time to back Bernhard and his vision.”
GP Bullhound is investing in Busuu through GP Bullhound Fund IV SCSp, which focuses on growth stage business in the software, digital media, marketplaces and fintech sectors. Recent investments include Slack, Klarna, Unity, Revolut and Believe.
Enquiries
For enquiries, please contact:
Per Roman, Managing Partner, at per@gpbullhound.com
Hampus Hellermark, Associate, at hampus.hellermark@gpbullhound.com
Using Playtomic, players can reserve courts, find other players with similar skill levels, and join a social sports community dedicated to learning. With Playtomic, sports clubs can also optimise the use of their facilities and step into the digital age.
This capital injection gives the company additional financial muscle to grow, through both acquisitions and product development.
Pedro Clavería, Playtomic’s Co-CEO, commented: “We are honoured by the confidence that our main owners show us by continuing to invest in Playtomic. My team is now working with high intensity and evaluating exciting acquisitions both inside and outside Europe. Padel is and remains a very popular sport all over the world, and we now have the opportunity to help all sportspersons get the most out of this sport.”
Per Roman, Managing Partner of GP Bullhound, said: “We are proud to continue supporting the extraordinary entrepreneurs that are Pedro Clavería, Pablo Carro and Felix Ruiz. We are pleased to stand behind them and provide support through our capital as well as our global network and knowledge, to help Playtomic continue in its expansion, on its mission to take over the world of sports bookings.”
Henrik Persson Ekdahl, Partner at Optimizer Invest, added: “We see enormous potential in Playtomic and are convinced that exciting times await the company. Although Covid-19 puts many social sports activities on pause right now, we know how great the need will be to play racket sports once this is over. We now make sure to support the company with both capital and network, so that Playtomic can be at the top of its game when it’s time to play matches again.”
GP Bullhound is investing in Playtomic through GP Bullhound Fund IV SCSp, which focuses on growth stage business in the software, digital media, marketplaces and fintech sectors. Recent investments include Revolut, Slack, Klarna, Unity, RavenPack and Believe.
Enquiries
For enquiries, please contact: Per Roman, Managing Partner per.roman@gpbullhound.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com.
Founded in Spain in 2015, Genially has grown exponentially to over 3 million users in 100 countries. The company has witnessed strong adoption and organic growth in the education, marketing and media sectors. Clients such as Michelin, Porsche, Santander Bank and Telefonica have all become heavy users of the product.
“This new capital injection will support our ambitious expansion plan. We are delighted to have closed this round and we now have funds from prestigious and international sources,” comments Juan Rubio, co-founder and CEO of Genially.
Hampus Hellermark, GP Bullhound, said: “When we envision and discuss the future of white collar productivity tools it is clear to us that there is a massive opportunity for ambitious and independent thinkers to create new tools and experiences that are aligned with the 21st century. We believe the team at Genially has the ability to capture this opportunity.”
GP Bullhound is investing in Genially through Fund IV, which focuses on growth stage businesses in the software, digital media, marketplaces and fintech sectors. Recent investments include Ravenpack, Slack, Klarna, Tradeshift, Glovo and Believe.
Enquiries
For enquiries, please contact:
Per Roman, Managing Partner, at per.roman@gpbullhound.com
Hampus Hellermark, Associate, at hampus.hellermark@gpbullhound.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com
RavenPack’s platform is used by some of the best performing hedge funds and largest banks worldwide. RavenPack uses AI to turn highly fragmented unstructured content into organised structured data for easier analysis and deployment in financial applications. The firm has a team of more than 100 people and offices in New York City and Marbella, Spain.
“Global finance has reached a critical inflection point as asset owners and money managers embrace tools like machine learning and big data analysis to navigate complex and turbulent markets,” said Armando Gonzalez, CEO and Co-founder of RavenPack. “Consequently, we are experiencing significant growth in demand for our unique data services in Asia.”
Per Roman, Managing Partner at GP Bullhound, said: “I have had the pleasure of getting to know Armando and his team in the last four years and have in that period seen RavenPack mature into possibly the most interesting natural language processing and machine learning company in the world. It is therefore a pleasure to join as a shareholder and board member in the next chapter of growth and expansion.”
GP Bullhound is investing in RavenPack through Fund IV, which focuses on growth stage business in the software, digital media, marketplaces and fintech sectors. Recent investments include Slack, Klarna, Tradeshift, Glovo and Believe.
Enquiries
For enquiries, please contact:
Per Roman, Managing Partner, per@gpbullhound.com
Alon Kuperman, Director, alon.kuperman@gpbullhound.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.
The Barcelona-based start-up which delivers everything from food, to groceries and pharmaceutical items, will use this injection of funding to bolster global growth, expand groceries offering and grow their tech team.
Founded in January 2015 by CEO and co-founder Oscar Pierre, and co-founder Sacha Michaud, Glovo have seen turbocharged growth, launching in a new city every four days on average last year.
Oscar Pierre, Co-founder and CEO of Glovo commented: “Glovo continues to scale rapidly and we have big ambitions for this round of investment. Our main priority is to invest in our people – our team has been fundamental to our success to date and as we grow we need an even bigger team of engineers to meet the demand we’re experiencing. Our aim is to lead in every market we enter and provide an on-demand experience that delivers for our customers, Glovers and partners.”
Joakim Dal, Partner at GP Bullhound, said: “We have followed Glovo for a long time and have been very impressed by the product and the growth that Oscar and his team have accomplished, with their ambition to deliver “anything, anywhere”. This is an exciting investment as Glovo uses technology to offer more convenience to time-stretched consumers, and more opportunities to their growing fleet of Glovers”.
Enquiries
For enquiries, please contact:
Per Roman, Managing Partner, at per.roman@gpbullhound.com
Joakim Dal, Partner, at joakim.dal@gpbullhound.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.