Fat Llama

Fat Llama is an online marketplace which enables users to rent items peer-to-peer.[1][2] It provides a Guarantee for lenders, which is underwritten by XL Catlin (Catlin Group). In summer 2017, Fat Llama took part in the Silicon-Valley based Seed accelerator Y Combinator.[3]

History

Co-founders Chaz Englander, Rosie Dallas and Owen Turner-Major founded Fat Llama, launching the website itself on 7 November 2016.[4]

Service

The platform exists as a website as well as native mobile apps for both iOS and Android.[5]

Funding

April 2018

Fat Llama raised $10 million in Series A funding in a round led by Ophelia Brown’s recently outed Blossom Capital, with participation from Niklas Zennström’s Atomico and existing backer Y Combinator

March 2017

Fat Llama received an initial Seed round of $1.3m in March 2017, raised from private individuals.[6] This followed an initial pre-Seed raise of £150,000 in October 2016.

November 2017

The platform announced $1.5m further backing from a combination of individuals and institutions including Greylock Partners, Justin Waldron and Paul Buchheit.[7]

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gollark: ↑ bismuth
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gollark: Bismuth is a far superior element.
gollark: Battery technologies *also* seem to eternally go nowhere.

References
  1. Murray, Amelia (28 August 2017). "'We make £1,000s by renting out our cameras and cars online'". The Telegraph. ISSN 0307-1235. Retrieved 7 November 2017.
  2. "Five ways to boost your personal income". The Independent. 20 September 2017. Retrieved 7 November 2017.
  3. Tepper, Fitz. "Fat Lama is a platform to lend and borrow anything". TechCrunch. Retrieved 7 November 2017.
  4. "Airbnb-style site launch for Londoners to rent out their possessions". Evening Standard. Retrieved 7 November 2017.
  5. Hewitson, Jessie (4 November 2017). "Rent out your breadmaker to earn extra dough". The Times. ISSN 0140-0460. Retrieved 7 November 2017.
  6. "London sharing economy platform Fat Lama raises £1m Seed round". UKTN (formerly Tech City News). 3 April 2017. Retrieved 7 November 2017.
  7. "EXCLUSIVE: Fat Lama scores $1.5m from backers including Greylock Partners". UKTN (formerly Tech City News). 6 November 2017. Retrieved 7 November 2017.
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