Tech entrepreneur launches new service targeting Yorkshire technology businesses
A tech entrepreneur has launched the new service Founder Fundraising, which aims to help technology company founders in Yorkshire raise investment.
Haydock previously raised one of the biggest rounds of investment (£6.25m) outside of London for one of his own businesses, DueCourse (now Autopaid).
He has co-founded three technology businesses in the North and has over ten years of experience with investors, VCs and scaling businesses.
According to new data, there’s a “regional funding disparity” between companies operating in and outside of the capital with London startups raising 72% of the total acquired by British tech firms in 2018.
Haycock said: “The funding gap between the North and the South isn’t a myth. It really exists. I personally want to help champion the region’s tech start-ups and level the playing field.
“As a founder it is hard enough to grow your business, hire staff, build the product and service existing customers. To simultaneously plan and execute a professional fundraising campaign can often be a stretch too far for many founders.
“Using my experience of raising investment, I can take some of the load off founders in Yorkshire and connect them directly to the right investors so they achieve the best outcome as quick and painlessly as possible.”
Having being based in the region for over ten years, Haycock said that the Yorkshire tech startup scene is currently expanding and “technology is key to transforming the region’s economy, reputation, and talent base.”
He added: “At the moment, around three-quarters of all investment goes to London companies. However, investors from all over the UK and around the world acknowledge that significant innovation is happening up here.
“Despite the uncertain times we are in, the region is thriving and entrepreneurs from all walks of life are continuing to launch new products and services. I’m passionate about helping to grow the vibrant Northern tech scene and I’m now looking to actively connect with entrepreneurs who are thinking of taking on investment to accelerate their businesses.”
