Great news from Together Price! The LVenture Group portfolio startup that developed an online platform to share digital services and split subscription costs has closed a capital increase for 630k € led by Samaipata Ventures, an international Venture Capital fund active in the early stage tech market, followed by LVenture Group and several business angels of Angel Partner Group.
“Together Price is our first investment in an Italian-born company and we’re incredibly proud of it”, said Josè del Barrio, Founding Partner at Samaipata Ventures. “The sharing economy is arriving in all kinds of digital services, and we’re thrilled to see how Together Price is ready to change the market in the coming years”.
LVenture Group after the new investment brings the total resources invested in Together Price to €175K, thus confirming its confidence in the startup launched by LUISS EnLabs, the holding company’s accelerator.
“This transaction, side by side with a leading player in the European VC market, as Samaipata Ventures, shows our the capacity to expose startups to a qualified network of international investors, required to scale-up and for the incoming, significant, valuations. It also confirms the tremendous work done by our team, which has contributed to launching Together Price and continues to support it in its growth” said Luigi Capello, CEO at LVenture Group.
Together Price is a sharing platform which allows users to share digital subscriptions and split expenses, saving money up to 80%. The solution developed by the startup is a strong leading generation tool, useful to help services providers to acquire new users.
Together Price has been online since May 2016 and has already created a strong user base: more than 140k members, with a large focus on the millennial generation.
“We are very excited, this is the first step towards the international expansion alongside a perfect, young, but extremely competent partner in our industry, to scale quickly in Europe”, concludes Marco Taddei, CEO at Together Price.