Powdr is GROWING thank to it’s c. £1 million pre-seed round
🌟 From a Cheerleading Connection to a c. £1 million Pre-seed Round – The Powdr Story 🌟
3 years ago, a new boyfriend introduction sparked something extraordinary. Nicola V. and Joe van Gelder met Stephen Foster, an incredible software developer- the new boyfriend of a close friend Nicola knew from her University of Nottingham cheerleading days. What started as a casual introduction quickly turned into a life-changing opportunity.
Joe, saw the chance to share his idea that was just lacking a tech partner: making professional-grade financial models accessible to everyone through software. Armed with a PowerPoint deck (he’s a such a consultant!) and a lot of passion, Joe pitched the concept to Steve. The rest, as they say, is history.
Fast forward to today, and we’re thrilled to announce that Powdr has closed its first investment round, raising nearly £1 million! This milestone is even more meaningful as it comes after just 15 months of being live, entirely bootstrapped, and built on sheer determination.
🎯 The Powdr Difference
We took a non-traditional route to funding – there was no traditional investor deck (just a Notion note) and we used a cutting-edge, new technology to show off our forecasts 😉.
We owe immense gratitude to our lead investor, Haatch, and to the incredible angel investors who believed in us—many of whom are friends, former colleagues, and even current Powdr customers. Having such a diverse and personal group of backers makes this journey even more special.
🚀 What’s Next?
With this investment, we’re fast-tracking our development roadmap. From building out new features and AI capabilities to making Powdr even more user-friendly and enhancing enterprise-specific features, ensuring that our solutions meet the demands of large-scale organizations that are knocking at the door to implement the tool. 2025 is going to be BIG and BUSY.
🎉 Thankyous
Of course we say a massive thankyou to all our investors, but also to those that wanted to invest but didn’t get the chance this time; thankyou to all of you.
To David Levine🎗️ , our excellent advisor throughout the process, our Innovate UK coach, Deborah Labbate, who’s been a constant source of guidance and inspiration and to the whole coaching team at Manchester’s NatWest Accelerator (Jess Grocutt, Libbie Mowbray , Julia Spencer , Marie Cowgill) —thank you for your guidance and unwavering support.
Also to Founders Law (Jad Soubra and Cullen Gordge) for all their help in the transaction.
This moment is proof that big ideas, strong relationships, and a bit of cheerleading spirit can go a long way. Here’s to a future where businesses everywhere can access the tools they need to succeed—and to everyone who’s helped us get here. 💙
Thanks to Business Cloud for the coverage of our story…. From pom-poms to pitching: Meet-up between old friends leads to £1m investment
