Aluna Partners
5 Bolton St, London, England, W1J 8BA, United Kingdom
Overview
We are a leading investment banking boutique providing services such as underwriting of debt, equity and debt private placements, and M&A to growth stage companies in the digital world. Our mission is to optimise our clients’ capital structure and make their financing journey frictionless. By covering Fintech, SaaS, Mobility, and Healthtech industries, we add value to leaders with global ambitions. Our mission is to support venture founders and institutional investors by matching their needs and goals. Our tailored approach requires us to take on a small set of founders to assess their challenges and deeply understand their struggles. while sourcing an outstanding deal flow of high-quality investment opportunities to Venture Capital firms. We offer consultancy services related to primary & secondary equity transactions, venture debt and other alternative financing solutions.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Banking
- Consulting
- Financial Services
- Venture Capital
Investment portfolio
- OCN
Led · Debt Financing · Jan 2016
OCN offers financial products for gig economy workers, including a rental model for ride-share drivers who work on platforms like DiDi and Lyft. The company raised $86 million in a Series A that included both equity and debt capital. Management says the funds will be used to expand services — including into the U.S. — and to improve its technology stack and operational capacity across Latin America and the U.S. CEO and co-founder Mairon Sandoval highlighted the funding’s role in boosting tech and operations. i80 Group described OCN as having discipline and a profitable model worth supporting. The business positions itself to serve gig workers often overlooked by traditional financial services firms. OneCarNow provides all-inclusive car subscriptions that let gig workers use a brand-new vehicle for 36 months with a purchase option at the end of the contract. Borrowers must demonstrate experience as professional drivers on platforms such as Uber and DiDi, and payments are collected on a weekly basis. The company says it developed an underwriting model to serve underserved drivers who cannot afford proprietary cars. OneCarNow positions debt as a major component of its capital-efficient growth strategy to increase capacity to deploy assets for customers. Management aims to become the largest financing partner for the gig economy and to leverage its tech and data infrastructure to develop additional financial products for drivers. The company is backed by regional equity investors (unnamed in the article) and has secured asset-backed financing to expand its fleet.
Team
No current team members are available.