The Disruption House closes significant funding round

PRESS RELEASE

LondonĀ 16th May 2018

The Disruption House closes significant funding round

  • Announces new executive advisory board

The Disruption House (TDH), the leading financial technology benchmarking and data analytics business is pleased to announce they have closed a significant funding round and the creation of their executive advisory board. The funding was raised from a small group of private investors and will enable the firm to complete production of their unique benchmarking and performance tracking platform. TDH is helping to dismantle existing barriers to engagement between financial institutions and the technology vendors by quantifying and qualifying startup risks, enabling FinTechs to differentiate themselves, and buyers to transact faster and with confidence.

The new executive advisory team consists of Piers Hedley, Chris Justice and Clare Walsh. Piers is a leading strategy advisor to UHNW Families and fast growing businesses as well as being a successful private investor. He brings over 30 yearsā€™ experience of helping many businesses to achieve growth and successful exits. American born, Chris Justice was most recently with Janus Capital International in London where he was COO and head of the European team. Chris is a long time active board member, advising on strategy, business development, corporate governance and digital transformation programmes. Chris has been responsible for raising over US$125 million in venture capital and a Nasdaq IPO. Clare is a well-known figure in the financial technology business development and marketing community. Her careers spans nearly 40 years and is co-founder of Metia and Finextra. She too serves on a number of boards, supporting developing financial technology focussed businesses.

Rupert Bull, co-founder and CEO at TDH commented. ā€œWe are very excited about both these announcements and are confident that they will help us to achieve our ambitious business development goals. My co-founder Chris Corson and I are particularly delighted to welcome our new advisory board members, who between them bring a unique blend of complementary skills and experience which will be invaluable as the TDH business evolves and grows. Our goal is to be the industry benchmarking standard, which enables accelerated collaboration between financial institutions and the new specialist technology solutions providers. We are very encouraged by the take up of our unique TDH Scorecard service, which has already generated new business and funding opportunities for a number of the vendors we are working with. We are now finding growing interest within the financial institutions in this service and for some of the new initiatives which we will be formally announcing over the coming months.ā€

Chris Corson, co-founder at TDH, said. ā€œAs interest in our offerings grows, the new funding has come at exactly the right time and will enable us to significantly accelerate the development of our benchmarking and performance tracking platform which is at the core of everything we do. The team is already working on extending automation of the TDH Scorecard service which will streamline and significantly speed up the entire production process. Our goal is to deliver at scale a rich repository of intelligence enabling users to gain deeper insights on the new technology vendors and emerging trends impacting the financial services sector as a whole. Exciting times.ā€

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