Tranch

London, United Kingdom Founded: 2021 • Age: 5 yrs Acquired By Elite
Online lending marketplace for invoice financing
Request Access

About Tranch

Tranch is a company based in London (United Kingdom) founded in 2021 by Philip Kelvin was acquired by Elite in January 2025.. Tranch has raised $16.38 million across 8 funding rounds from investors including Spenmo, Elite and everstox. The company has 9 employees as of September 30, 2022. Tranch operates in a competitive market with competitors including Funding Circle, ThinCats, Funding Xchange, Assetz Capital and MarketFinance, among others.

  • Headquarter London, United Kingdom
  • Employees 9 as on 30 Sep, 2022
  • Founders Philip Kelvin
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Zero Degrees Holding Company Limited
  • Date of Incorporation 03 Sep, 2021
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $16.38 M (USD)

    in 8 rounds

  • Latest Funding Round
    $1.3 M (USD), Seed

    Aug 17, 2023

  • Investors
    Spenmo

    & 11 more

  • Employee Count
    9

    as on Sep 30, 2022

  • Acquired by
    Elite

    (Jan 06, 2025)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal
People of Tranch
Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Beau Allison
Co-Founder & CTO
People
Sam Lockwood
Head of Credit Risk
People
Benita Yanful
Senior Credit Risk Analyst
People
Sohil Pandya
Head of Engineering

Unlock access to complete

Funding Insights of Tranch

Tranch has successfully raised a total of $16.38M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Seed — $1.3M
  • First Round
  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2023 Amount Seed - Tranch Valuation

investors

Jan, 2023 Amount Seed - Tranch Valuation Soma Capital , FoundersX Ventures
Jan, 2023 Amount Debt – Conventional - Tranch Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tranch

Tranch has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Spenmo, Elite and everstox. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments are provided by Soma Capital to startups.
Founded Year Domain Location
Early-stage tech-focused VC firm investing primarily in the US
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tranch

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tranch

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tranch Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Tranch

Tranch operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Funding Circle, ThinCats, Funding Xchange, Assetz Capital and MarketFinance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A peer-to-peer marketplace for business loans is operated and developed.
domain founded_year HQ Location
An online marketplace for business loans is operated and developed.
domain founded_year HQ Location
Provider of an online marketplace for business loans
domain founded_year HQ Location
Developer of online P2P marketplace for commercial real estate and business loans
domain founded_year HQ Location
Online marketplace for business loans
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tranch

Frequently Asked Questions about Tranch

When was Tranch founded?

Tranch was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Tranch located?

Tranch is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Tranch?

Philip Kelvin is the current CEO of Tranch. They have also founded this company.

Is Tranch a funded company?

Tranch is a funded company, having raised a total of $16.38M across 8 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on May 23, 2022.

How many employees does Tranch have?

As of Sep 30, 2022, the latest employee count at Tranch is 9.

What does Tranch do?

Tranch was founded in 2021 in London, United Kingdom, as an online lending marketplace focused on invoice financing within the fintech sector. Loans are extended to businesses for supplier payments to support sales growth and for covering SaaS subscriptions and services. Operations include CRM tools for customer management, data analytics for insights, and integrated payment tools for transactions.

Who are the top competitors of Tranch?

Tranch's top competitors include Funding Circle, ThinCats and Funding Xchange.

Who are Tranch's investors?

Tranch has 12 investors. Key investors include Spenmo, Elite, everstox, Clear Haven Capital Management, and Soma Capital.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available