MOOT poised to advance international M&A strategy after closing £12 million credit facility from
Summary
Stafford, United Kingdom — April 13, 2022 — Espresso Capital announced today that it has provided MOOT, a global ecommerce technology platform, with a £12 million credit facility. “MOOT has a great team, strong unit economics, and a track record of rapid growth,” said Espresso Capital Managing Director Will Hutchins. We look forward to growing the business together with them.” “We’re delighted to have introduced Nick to the team at Espresso,” said Mark Pearson, Managing Partner at Fuel Ventures, one of MOOT’s existing investors. We (Fuel Ventures Fund) invest in the most ambitious entrepreneurs in the sectors covering globally scalable marketplaces, platforms and software (SaaS). Since 2009, we’ve helped more than 300 technology companies and their investors accelerate growth, extend runway, and increase strategic flexibility with non-dilutive capital.