He may be a little worried about his form on the court, but tennis champion Andy Murray seems sure-footed when it comes to his investments.
The tennis star has just backed more startups on the Seedrs platform.
Murray, the world’s number one tennis player, has a strategic relationship with Seedrs and he’s just invested undisclosed amounts into British companies Den and Morpher, as well as exercising preemptive rights in Landbay’s latest equity round.
Den is a Smart Home system that looks like a normal switch, but aims to reduce household bills, alert users if they leave the TV on and also warn if a loved one has been inactive in the house for a period of time. It has now raised over £2.1m on Seedrs from over 1,150 investors, overfunding to 219%.
Morpher is the world’s first flat folding helmet, designed for cyclists and other sports enthusiasts who don’t want to carry around a bulky helmet. The startup has now raised over £659,000 from almost 400 investors on Seedrs.
Landbay direct-matches investors’ money to mortgages using the resource and capital efficiency of peer-to-peer. The Zoopla backed marketplace provides finance to the UK’s Private Rented Sector and has so far raised £2.3 million overfunding to 157% in a private preemption round only open to existing investors.
Murray said: “Den is exactly the kind of innovative smart technology households around the globe will utilise in the future, and Morpher is a product that the modern cyclist should own – one that has been dutifully perfected by an award winning inventor. Investing in both of these start-ups allows me to continue to build my portfolio whilst diversifying. I also invested in Landbay for a second time, exercising my pre-emption rights. The future for the company looks good and I’m pleased to be able to maintain my shareholding as the company grows.”
Chief Investment officer Thomas Davies of Seedrs said: “We are delighted that Andy continues to be so active in early-stage investment and his recent investments on Seedrs into Den and Morpher reaffirm this. More exciting still is to see Andy taking advantage of the preemption rights our nominee structure facilitates with his first follow-on investment into Landbay. With our recent announcement of the upcoming launch of the Seedrs Secondary Market, Andy will also be given the opportunity to sell some of his shares and realise returns.”
