Hammock Financial Services
Latest round
- Seed
Last raised
- Feb 2020
Total raised
- $1.2M
Investors
- 3
About Hammock Financial Services
Hammock Financial Services Ltd.Founded in 2019 in London, UK, Hammock Financial Services Ltd. specializes in automating accounting for landlords. The company was co-founded by Manoj Varsani and Marco Ferrari.524 million.Hammock provides a comprehensive accounting platform specifically designed for landlords in the UK, focusing on automating bookkeeping, generating property tax statements, and offering investment insights. The core functionalities of Hammock include real-time tracking and reconciling of rental income and expenses, which helps landlords manage their portfolios more efficiently. The software supports Making Tax Digital (MTD) compliance by allowing users to submit quarterly MTD filings, addressing the regulatory landscape for property taxation.Hammock generates revenue through a subscription-based pricing model tailored to landlords based on property portfolio size.99 per month, and over 21 properties. The company aims to develop new features that further simplify tax compliance for landlords. Additionally, Hammock is targeting expansion into other regions within the UK and possibly looking at international markets for future growth.
Who invested in Hammock Financial Services
3 investors across 1 round
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Funding rounds
Seed
Feb 21, 2020
Amount
$1.2M
Investors
Questions about Hammock Financial Services
Who invested in Hammock Financial Services?
Hammock Financial Services has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hammock Financial Services raised?
Hammock Financial Services has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Hammock Financial Services last raise money?
Hammock Financial Services's most recent round on record is a Seed, in Feb 2020.
What does Hammock Financial Services do?
Hammock Financial Services Ltd.
Where is Hammock Financial Services headquartered?
Hammock Financial Services is headquartered in London, UK.
Which VCs invest in companies like Hammock Financial Services?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Hammock Financial Services's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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