Founded in 2010, TrustedHousesitters is the largest global online platform for free pet-sitting, providing a place for pet owners and pet sitters to connect.
TrustedHousesitters currently operates in over 130 countries, the platform has facilitated more than two million nights of house sitting, saving its members over £170m in accommodation and pet care costs.
In 2018, Rockpool funded TrustedHousesitters with Senior Debt, Mezzanine and EIS Equity in order to de-risk the founders and provide development capital to further accelerate growth in the business.
|Sector||Pets and Travel|
|Aim of funding||Growth|
|HMRC Advanced Assurance received||Yes|
|Envisaged investor exit||2022 (4 years)|
|Targeted return||Equity Investment Return - 4.36x capital invested | Investor Loan Return - 2.48x capital invested, including interest payable at 10% per annum and equity upside|