Post by AMPulse Online

🚀 Startup Spotlight 🚀 equipal - UK-based fintech platform that provides automated asset finance for business equipment, including 3D printing and additive manufacturing machinery, connecting equipment vendors, customers, and institutional funders. 🔍 Company Overview - CEO: Eamonn McMahon - Year Founded: 2016 - Location: London, United Kingdom - Team Size: 1-10 - Webpage: https://www.equipal.co 🎯 What They Do - One-line Description: UK-based fintech platform that provides automated asset finance for business equipment, including 3D printing and additive manufacturing machinery, connecting equipment vendors, customers, and institutional funders. - Target Customers: UK-based SMEs and growing businesses seeking equipment finance; equipment vendors and distributors wanting to offer embedded finance to their customers - Industry Verticals: AM-Adjacent Equipment 🚀 Achievements & Status - Current Stage/Status: Growth Stage - Major Milestones: Venture Round - Key Investors: 2016: Barnsbury Road Finance Ltd. incorporated; 2017: EquipmentConnect founded by Eamonn McMahon; 2021: equipal soft-launched; participated in Techstars Barclays Accelerator; 2022: Rebranded from EquipmentConnect to equipal; 2026: Secured £1.25M equity investment + £15M forward flow facility from Altum Capital Management - Basic Growth Metrics: 1.26% default rate; zero credit losses to date; 69% customer return rate; 75+ equipment vendors on platform; team planning to grow to 12 💡 Competitive Edge - How They Differentiate: Unlike traditional asset finance companies and banks that rely on offline and manual processes, equipal offers a fully digital, automated web application. The platform is embedded at point-of-sale with 75+ equipment vendors, enabling 90-second finance applications, same-day payouts, and digital document management. - Key Technological Advantage: 📈 Funding & Partnerships - Total Funding Raised: $1.61M - Latest Funding Round: Venture Round - Key Investors: Altum Capital Management; Techstars; Barclays - Key Partnerships/Collaborations: 75+ equipment vendors across the UK; Altum Capital Management (equity and forward flow facility); Techstars (Barclays Accelerator, 2021) Based on database updated on: 2026-06-23T16:47:59.659Z #Innovation #AM #3Dprinting Powered by #WeeklyVentures "Spot an error? Share your feedback to help us improve!" https://lnkd.in/g3WJHn7Z