At Splento we are thrilled to announce a new round of investment from a group of prominent angel investors who will help us to expand worldwide. This new investment will enable us to further capitalise on our position as a leader in the visual content industry in the UK and throughout Europe.
As well as being able to grow the Splento family team, the investment will also allow us to improve on our current technology, including some new innovations to watch out for! Combined, these will enable us to provide more streamlined and improved services for our customers.
Significantly, part of this investment has come from British businessman Tej Lalvani – CEO of the UK’s largest vitamin company, Vitabiotics – he is also known for his role as a Dragon on the BBC series Dragon’s Den.
Tej commented “Very excited to be investing in Splento and its platform, with the opportunity to disrupt the photography and video booking sector. We aim to build on the key partnerships to substantially reduce friction and ensure a much better experience with standardization of quality in the industry.”
Initially, investment in Splento came from our founder and CEO, Roman Grigoriev, and then a group of angel investors in 2017; our success was cemented by acceptance to Wayra’s accelerator programme in the UK (run by Telefonica). Wayra is the leading startup accelerator in the UK and invests in promising ideas and tech startups. For Splento to be accepted into the program was both exciting and exceptional.
Roman explains “With great investors on board, who bring a lot of expertise, connections and experience – we look forward to accelerating our growth curve even faster! We couldn’t wish for better investors to add to the Splento family at this point in our journey.”
This new £1 million round of funding was led by Galayev & Co, the British multi-family office for business angels. Stepan Galaev, investment director, added “It wasn’t a walk in the park, we started the process over a year ago. Roman, together with his senior team are strong and savvy negotiators; in fact, the type of management we look for in young ventures and our strategic angel investors would back”
Splento is going from strength to strength – this year alone we have already added services including facial recognition for photo galleries and live event photos for conferences and exhibitions.
With this latest round of investment, the sky’s the limit for us to take industry-disrupting visual content to the next level. Stay connected with us for new announcements!