GrowthInvest
Warnford Court, 29 Throgmorton Street, London, England, EC2N 2AT, United Kingdom
Overview
GrowthInvest is a technology platform making alternative investments simple. Our vision is to make it easy for investors and advisers to benefit from tax efficiency and potential returns by backing the businesses of the future.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Cuckoo
Participated · Seed · May 2020
Cuckoo Internet offers a single 67 Mb/s fibre broadband plan on a monthly rolling contract, positioning itself as a simple, customer-friendly alternative to incumbent UK providers. The company will launch on price-comparison site uSwitch to broaden distribution and acquisition. Cuckoo emphasizes transparent pricing and aims to help “tens of thousands” of customers, according to its founder and CEO. Financially, the company has just closed a $6 million seed fundraising round to support growth. Investors in the round include RTP Global, JamJar Investments and individual backers including former executives of Monzo and Stripe. The article does not disclose revenue or user metrics. Cuckoo Internet is a new U.K. startup that offers broadband with one-month rolling contracts, simple pricing, and no hidden fees. Its core technical strategy is operating without its own servers, which it says allows it to scale faster than traditional providers. The company positions itself as transparent, promising no loyalty tax and the fastest available speed on the network. Cuckoo targets a market frustrated by long contracts, high exit fees, and poor service—issues highlighted by Ofcom and other industry research. Founder Alexander Fitzgerald started the company after quitting his job in October 2019 and drew on experience helping Bulb grow as a consultant. The startup has raised early seed capital to begin executing its plan to challenge incumbent ISPs.
Team
No current team members are available.