Grantify Secures Investment from Farview Equity to Revolutionize Grant Access
Deal News | Nov 06, 2024 | Farview Equity Partners
Farview Equity Partners has announced a significant minority investment in Grantify, a platform focusing on AI-driven grant discovery and application processes. Grantify, founded in 2019, aims to simplify and democratize access to grant funding for startups across the UK, US, and eventually worldwide, with the ambition to facilitate $1 billion in non-dilutive funding by 2028. The investment from Farview is set to enhance Grantify's AI capabilities, advance its technology roadmap, and support its expansion into the North American market, tapping into the large pool of federal and regional grants available in the US. Grantify has already helped startups secure over $175 million in funding and is recognized among the fastest-growing UK companies. The partnership is driven by Farview's investment thesis focusing on next-generation finance tools and the changing role of CFOs, who require more efficient and strategic financial solutions.
Sectors
- Financial Technology
- Venture Capital and Private Equity
Geography
- United Kingdom – Grantify is recognized as one of the fastest-growing companies in the UK and is focused on providing financial solutions to UK startups.
- United States – Grantify has expanded its impact by helping startups in the US and plans further expansion in North America with Farview's investment.
Industry
- Financial Technology – Grantify operates within the fintech sector by leveraging AI to streamline the grant application and funding process for startups.
- Venture Capital and Private Equity – Farview Equity Partners is a private equity firm investing in Grantify, indicating activity in the sector of venture capital and private equity funding.
Financials
- $175M – The amount in non-dilutive funding Grantify has helped startups raise since its inception.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Grantify | Target company | Company | An AI-powered platform facilitating grant discovery and application for startups. |
| Farview Equity Partners | Investor | Company | A private equity firm investing in financial technology and transformative business solutions. |
| Mat Westergreen-Thorne | CEO & Co-Founder | Person | Co-founder and CEO of Grantify, leading its mission to simplify access to grant funding. |
| Luke Westergreen-Thorne | Co-Founder | Person | Co-founder of Grantify, previously involved in securing a grant for their own startup. |