# Blackbullion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blackbullion

- Industry: Education/Training
- Headquarters: London, UK
- Website: www.blackbullion.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Apr 23, 2019)
- Investors on record: 4

## About

Blackbullion Ltd. is a financial technology company specializing in providing comprehensive financial management tools and resources tailored for students, aimed at enhancing their financial literacy and wellbeing.Founded in 2014 and headquartered in London, UK, Blackbullion Ltd. focuses on empowering students through financial education. The company has successfully completed 3 investment deals, with the most recent deal occurring on September 13, 2022, when it raised GBP 2.6 million led by Calyx Venture Fund, along with participation from MPA Education. The founder and CEO, Vivi Friedgut, has a strong background in financial services, previously founding other educational finance initiatives.Blackbullion offers a range of financial management tools specifically designed for students, including a database of scholarships, bursaries, and grants in the UK, a budgeting app, and tailored financial coaching resources. The platform aids over 365,000 students in managing their finances and developing healthy money habits through gamified rewards. By collaborating with educational institutions, Blackbullion provides premium tools and financial wellbeing assessments to enhance student engagement with financial literacy.The company's revenue model is centered around partnerships with universities that pay for premium access to Blackbullion's services. It operates on a B2B basis, charging subscription fees from institutions to provide their students with financial management resources, including the budgeting app and financial wellbeing tools.In September 2022, Blackbullion Ltd. raised GBP 2.6 million to scale product development, integrate The Scholarship Hub, and execute an ambitious hiring plan while adding fund-specific features. The company plans to expand its services into new markets, targeting increased engagement with students across the UK and beyond. These initiatives will utilize the recent funding to enhance their offerings and broaden their reach.

## Funding rounds

- Seed, Apr 23, 2019, $0.5M — Emerge Education, MPA Education, Jisc
- Seed, Jan 30, 2018, $0.8M — 24Haymarket, MPA Education

## Investors

- 24Haymarket (https://capitalatlas.ai/funds/24haymarket) — Seed
- MPA Education — Seed
- Emerge Education (https://capitalatlas.ai/funds/emerge-education) — Seed
- Jisc — Seed