Ashcombe has acted as financial adviser to BookingBug on its recent Series ‘A’ investment.
The new funding will allow BookingBug to continue developing their core online scheduling platform, whilst also providing sufficient working capital to allow the business to pursue an unconstrained growth strategy into new markets.
Glenn Shoosmith, Founder of BookingBug, commented: “We welcome our new partners at this key growth phase: they share our vision and excitement for developing BookingBug into a truly global SaaS business.”
Simon Bullivant, Founding Partner of Ashcombe, added: “We are delighted to have been able to work with BookingBug through its first professional fundraise. It is a first-class business and we believe that this new investment will help the business achieve its potential.”