
Frog Capital invests £3m in Rated People
Frog Capital has made a £3m growth capital investment in UK online service provider Rated People.
The company connects homeowners with local and recommended tradesmen through an online service. Based in London, the company was founded in 2005 and generated £7m in revenue last year. Rated People has had a 47% compound annual growth rate over the last three years.
The funding will support continued recruitment for the company and investment in its online platform and mobile applications. Mike Reid, Frog Capital's managing partner, also joins the company's board of directors.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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