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Zepto completes $25m Series A cap raise
Automated payments company Zepto has been advised by Herbert Smith Freehills on its recent $25 million Series A capital raise.
Shandel McAuliffe
Firm: Herbert Smith Freehills (Zepto)
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Deal: Herbert Smith Freehills has advised Zepto on its Series A capital raise.
Value: $25 million
Area: Venture capital
Key players: Herbert Smith Freehills head of venture capital Peter Dunne, partner Aaron White, solicitor Katherine Duong, and Greenwoods & Herbert Smith Freehills partner Toby Eggleston.
Deal significance: Zepto, a payment solutions provider for merchants, will use the $25 million capital injection to grow and expand the business.
Zepto chief executive Chris Jewell commented: “We are extremely grateful for Herbert Smith Freehills’ advice on this, our first external funding round. Herbert Smith Freehills will remain a key advisory partner as we grow and scale Zepto”.
