Marriott Harrison advises Eurazeo and Stride.VC on a £4 million fundraising by Kolleno

Monday 14th March, 2022

Marriott Harrison acted for French investment group Eurazeo and Stride.VC as lead investors on a £4 million seed funding in Kolleno Limited.

Kolleno is a London-based fintech start-up that provides credit control and debt collection solution services to SMEs. Its software provides an open API integration with various ERP solutions (Xero, QuickBooks, Clio); utilises machine learning to automate and optimise the timing, method and delivery of client communications; and offers various efficiency improving features such as an actions board and payments portal to simplify the follow-up and receipt of payments.

The company now has customers in the UK, Europe, the US, Canada and South Africa, and will use the funding to scale up its capabilities and offerings.

David Strong led the MH team which included Chris Mooney, Kimberley Lam’s Descamps and Liberty Pearl.

Articles by David Strong