Posted on March 6, 2019 by staff

Ex-founder aims to close ‘funding gap’


Entrepreneur turned investor Paul Haydock has launched a new service set up to help Northern tech founders successfully raise investment.

‘Founder Fundraising’ will match and connect entrepreneurs to the right investors and support them through the journey until funding is secured.

Haydock, from Bolton, previously raised one of the biggest rounds of investment outside of London for one of his own businesses, DueCourse (now Autopaid).

He has co-founded three technology businesses in the North and has over ten years of experience with investors, VCs and scaling businesses.

The entrepreneur believes that businesses in the South of the UK receive preferential investment.

“The funding gap between the North and the South isn’t a myth. It really exists. I personally want to help champion the region’s tech start-ups and level the playing field,” said Haydock.

“As a founder it is hard enough to grow your business, hire staff, build the product and service existing customers. To simultaneously plan and execute a professional fundraising campaign can often be a stretch too far for many founders.

“Using my experience of raising investment, I can take some of the load off Northern founders and connect them directly to the right investors so they achieve the best outcome as quick and painlessly as possible.”

With 10 years’ experience in the region, Haydock sees the North West tech start-up scene undergoing massive expansion and technology is key to transforming the region’s economy, reputation, and talent base.

Despite the uncertain times we are in, the region is thriving and entrepreneurs from all walks of life are continuing to launch new products and services.

“I’m passionate about helping to grow the vibrant Northern tech scene and I’m now looking to actively connect with entrepreneurs who are thinking of taking on investment to accelerate their businesses.”