Posted Monday 16th August 2021
Joelson, the leading London law firm, has advised Zeelo in relation to its latest fundraise of $12m. The investment comes from a funding round led by ETF Partners and includes InMotion Ventures as well as new and existing angel investors.
Zeelo offers commuters living in car-dependant areas a sustainable alternative transport – in the form of coaches. The latest fundraise will allow the company to enhance their international growth throughout Europe, South Africa and the USA.
Joelson’s Corporate team was led by Partner, Phil Hails-Smith, and supported by Solicitor, Harriet McDonald.
Sam Ryan, CEO and co-founder of Zeelo said:
“We have been working with Joelson since the early days with Zeelo on various funding rounds and other projects and we have been delighted to work with them again on this latest milestone, which will allow Zeelo to take another step forward in providing more commuters with much needed transport. Thank you to the team for their continued help!”
Phil Hails-Smith, Partner at Joelson, added:
“We have been working with Sam, Barney and the rest of the Zeelo from the early stages of the business. They have come a very long way in the last 5 years and the latest fundraise will be instrumental in expanding the brand globally. To be able to increase a transport service during a global pandemic is a testament to what a great business Zeelo is. We very much look forward to working with Zeelo as they continue to expand.”
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
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