# DueCourse

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

- Industry: Financial Services
- Headquarters: Manchester, UK
- Website: www.duecourse.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Apr 22, 2016)
- Investors on record: 1

## About

DueCourse Limited is a financial technology company specializing in automated invoicing solutions to streamline payment processes for businesses, enhancing cash flow management and operational efficiency.Founded in 2014 and headquartered in Manchester, UK, DueCourse Limited specializes in financial technology solutions that simplify invoicing and payment processing for businesses. The company has successfully completed three deals, with the most recent funding round in September 2016, during which they raised GBP 5 million in VENTURE DEBT from Global Founders Capital. Since its inception, DueCourse has not undergone significant pivots or changes in business strategy. No parent or subsidiary relationships have been noted, and the founder's history is currently unspecified.DueCourse offers a suite of financial technology solutions designed to facilitate seamless payment and invoicing processes for businesses. Their core product, a sophisticated invoicing platform, enables users to automate the creation, sending, and management of invoices, thus minimizing administrative burdens and accelerating cash flow. The platform addresses a significant pain point for small to medium-sized enterprises (SMEs) by streamlining payment tracking and improving financial visibility. This service is particularly beneficial for companies seeking to enhance operational efficiency and reduce the time spent on manual invoicing processes. DueCourse's solutions are marketed to a diverse client base that includes freelancers, small businesses, and larger enterprises, primarily within the North American and European markets, where demand for efficient payment systems is robust.The revenue structure of DueCourse primarily revolves around subscription-based services, allowing clients to access their invoicing platform for a fixed monthly fee. This transactional model provides a steady income stream, with clients typically engaging in annual subscriptions that may include tiered pricing based on the number of invoices processed or additional feature sets utilized. Partnerships with financial institutions and integrations with accounting software further enhance their service offerings, creating additional revenue opportunities through collaborative marketing and bundled service packages. The company emphasizes its flagship invoicing solution, which not only serves direct-to-consumer markets but also caters to B2B transactions, facilitating smooth payment flows for a wide range of business types. This approach solidifies DueCourse's position in the fintech sector, targeting a growing need for efficient financial management tools in multiple global markets.In September 2016, DueCourse Limited raised GBP 5 million in VENTURE DEBT funding from Global Founders Capital and individual investors, which will be utilized to support their expansion plans. The company intends to develop new products aimed at enhancing their invoicing platform, with launches planned for the next year. They also plan to expand into new markets, specifically targeting regions in Asia and Australia by 2025 to capitalize on the growing demand for efficient payment systems. This funding will facilitate these initiatives, allowing DueCourse to enhance its product offerings and broaden its market reach.

## Funding rounds

- Seed, Apr 22, 2016, $1.4M — Global Founders Capital

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed