# Commazero

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

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.usecomma.com
- Total disclosed funding: $6.3M
- Latest round: Seed (Jul 20, 2021)
- Investors on record: 3

## About

Commazero Ltd, based in the UK, operates online financial solutions aimed at enhancing the credit scores of individuals with challenging credit histories, focusing on advisory services and loan facilitation.Founded in 2019, Commazero Ltd specializes in financial solutions that assist individuals in overcoming credit-related obstacles. The company is headquartered in London, UK. The founder, Andrew Deakin, has a history in financial services. In March 2023, Commazero Ltd was acquired by Weavr, a portfolio company, from investors including Connect Ventures and Octopus Investments for undisclosed financial terms. The total amount raised by Commazero Ltd is GBP 4.550 mn, with a current valuation of GBP 21.170 mn.Commazero Ltd provides specialized financial solutions for individuals seeking to improve their credit scores. Their core offerings include advisory services that guide clients through addressing credit issues and resources for securing loans despite credit challenges. Primarily targeting individuals in Romania, their services are crucial for those facing difficulties due to past financial troubles, offering education and support to navigate the lending landscape.The company generates revenue through a structured advisory model, charging clients a consultation fee for personalized strategies aimed at enhancing credit scores and facilitating loans under strict conditions. Additional fees may apply for loan facilitation services, which connect clients with banks willing to provide loans despite credit history issues. Their approach includes one-time consultation fees as well as ongoing service agreements to support clients in managing their financial situations.Following the acquisition by Weavr in March 2023, Commazero Ltd is set to play a pivotal role in developing an embedded finance and open banking platform. This acquisition will leverage Commazero's expertise to enhance the customer experience in financial services. The company plans to expand its reach by introducing new products tailored for the Romanian market, with the aim of launching these offerings in the upcoming fiscal year.

## Funding rounds

- Seed, Jul 20, 2021, $6.3M — Connect Ventures, Octopus Investments, Village Global

## Investors

- Connect Ventures — Seed
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed