- On November 10, 2020
- By GrowthInvest Marketing
3 November 2020
Triple Point VCT 2011 plc (the “Company”)
The Board of Triple Point VCT 2011 plc is pleased to announce that the Venture Share class (known as The Venture Fund) has completed three investments, as well as a follow-on investment into an existing portfolio company.
This takes the total number of qualifying investments made to date to 18.
An investment of £500,000 was made into a data company with an engine that processes geospatial and regulatory data, initially, to provide an overview of the rental licencing status of UK properties. The engine maps property by address, provides on demand regulatory data relating to an address, and visually overlays data on properties, to help assess the wider regulatory risk associated with an individual property or portfolio. Existing UK rental licencing rules constitute a highly fragmented market with no digital product serving it.
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