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Big boost for Hire Space with new funding

Online venue marketplace Hire Space has secured £750,000 to complete its expansion in the UK and pilot its venue-finding concept in international cities.

Backed by angel investors including TopTable.com founder Karen Hanton MBE, the latest round of funding brings the total investment to over £2m since its launch in 2013.

“Having launched in three new locations in the UK last year, we are excited to take Hire Space to the next stage in its development,” said Hire Space co-founder Edward Poland (pictured left).

“The continued support from our investors will allow us to realise our ambitious plans for international expansion as well as opening up untapped spaces in the capital and across the rest of the UK. London is a key city in the international events market and we’ll be using it as a launchpad to scale the business.”

According to the London start-up, the investment follows a year of rapid growth for Hire Space that tripled in size in 2015, and will support the preliminary launch of the website in key locations in Asia and North America.