# Nosso

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

- Industry: Financial Services
- Headquarters: Cambridge, UK
- Website: www.withnosso.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Aug 18, 2021)
- Investors on record: 4

## About

Founded in 2020 by Youssef Darwich and Sigurjon Isaksson, and based in London, the UK, Nosso Limited, formerly known as Hapi Plan, operates as a mobile-based financial planning platform for the future of children. In February 2022, Nosso Limited raised GBP 2.1 million in seed funding co-led by new investors Octopus Ventures, Anthemis Group, Entrepreneur First, and Ventures Together. 

Nosso Limited develops an app that offers children investment accounts: Junior Stocks & Shares ISA and General Investment Account, which can be tracked and managed by parents together. The platform provides each user with a unique contribution link that they can share with anyone. This allows grandparents as well as other family and friends to contribute directly with no additional paperwork and without a Nosso account. The app also allows family members to leave messages and pictures with their contributions.

The company generates revenue by charging an annual platform fee of 0.5%, deducted from the customers' accounts for managing investments. The annual fund charges of 0.25% to 0.3% are charged by the fund manager BlackRock.

The company plans to use the funding to launch financial products regularly for family financial planning.

## Funding rounds

- Seed, Aug 18, 2021, $2.8M — Anthemis, Entrepreneur First, Octopus Investments, Ventures Together

## Investors

- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Seed
- Ventures Together (https://capitalatlas.ai/funds/ventures-together) — Seed
