What is Rest Less?
Rest Less operates as a UK-based digital platform dedicated to serving the over-50 demographic. It functions as a community hub, an advocate for its users, and a provider of financial services tailored to the unique needs of this age group. The company aims to empower older adults by offering resources and support that enhance their financial well-being and community engagement.
How much funding has Rest Less raised?
Rest Less has raised a total of $18.7M across 3 funding rounds:
Angel/Seed
$3.9M
Series A
$8.4M
Other Financing Round
$6.3M
Angel/Seed (2020): $3.9M with participation from QED Investors and 1818 Venture Capital
Series A (2021): $8.4M led by MTech Capital, Viola FinTech, and QED Investors
Other Financing Round (2022): $6.3M supported by Moneta Venture Capital, Exceptional Ventures, and Global Brain
Key Investors in Rest Less
Exceptional Ventures
Exceptional Ventures appears to be associated with Saga Magazine, a publication focused on providing informative support and advice for individuals over 50, covering health, lifestyle, and financial solutions.
Global Brain
Global Brain is an independent venture capital firm that specializes in supporting startups to achieve global success through hands-on assistance and collaboration with large corporations, investing in various sectors including technology and healthcare.
QED Investors
QED Investors is a global venture capital firm focused on investing in early-stage, disruptive financial services companies, known for its hands-on approach to fostering breakthrough growth in its portfolio companies.
What's next for Rest Less?
The recent major strategic investment signals a pivotal phase for Rest Less, likely enabling expansion of its service offerings, enhancement of its digital community features, and broader market penetration within the UK and potentially beyond. This capital infusion is expected to fuel product development and strategic partnerships, solidifying Rest Less's position as a key player in the fintech and community-focused services for seniors.
See full Rest Less company page
