secures £100k with LBA investment

30 June 2011, the ‘Groupspaces for amateur football’, has secured a £100k first round, including significant funding from 2 LBA investors.

The funding will be used to launch Bluefields’ football focused player availability and payment applications this August in time for the start of the football season in the UK. The platform is both browser-based and will have mobile apps for iPhone and Android. Bluefields aims to help amateur football managers better organise games through a mix of social networking and mobile, in particular solving the two biggest problems for amateur teams: player availability and the collection of money.

Bluefields offers fixture and payment notifications sent via email, SMS, Facebook and through the Android and iPhone apps, while player responses are aggregated for the manager to help streamline the organisation of matches. Collecting subscriptions and other costs is also made much easier through the ability to take payments online and also lets players pay via its mobile apps.

Anthony Clarke Managing Director of London Business Angels comments:

“Andrew Crump CEO of presented to our investors on 31st March 2011 and I was impressed by his passion and commitment to this very early stage business which he had set up a year earlier with his own capital having spotted a gap in the market. The £100k of funds raised will now allow the company to meet its commitments and build its customer base over the next 12 months. The new angel investors have both sector and relevant business experience and their “smart money” should be a significant asset here.”

For further information and enquiries: 

Twitter @bluefieldscom
Contact: Andrew Crump

London Business Angels

Anthony Clarke, Managing Director

Tel: +44 (0)20 7321 5672

About London Business Angels

LBA is one of the most experienced private angel networks in the UK. Since the early 1980s the network has been connecting innovating fast growth small and medium sized enterprises with investment through our network of business angel investors. LBA, part of Angel Capital Group, is professionally managed by a highly experienced management team, leveraging over 15 years’ experience in the early stage investment marketplace as established leaders in the development of new angel-led early stage investment initiatives, and nearly 30 years’ investing experience through the LBA network. LBA is a founding member of the British Business Angels Association, the industry's best practice trade association, and is also a member of EBAN, the European Business Angels Network.

About the LBA EIS Approved RoundTable Syndicate Fund

The LBA EIS Approved RoundTable Syndicate Fund is the culmination of 30 years’ experience of pioneering innovation in the UK Angel investment market. This FSA regulated HMRC Approved EIS Fund offers LBA Investors an innovative way to acquire a portfolio of investments, while taking advantage of the personal tax relief offered by the Enterprise Investment Scheme. The First £300k LBA EIS RoundTable Fund 2010 was fully invested in January 2011, making four investments in leading edge technologies during the previous year, spread across a range of sectors: Eykona (medtech); Syrinix (cleantech); ipadio (mobile); The Electrospinning Company (nanotech).

Following the successful 2010 Fund, the LBA EIS Approved RoundTable Syndicate Fund 2011-12 closed for subscriptions on 13 May 2011, being 40% larger at £420k, and aims to invest in 4-5 deals over the next 12 months. Once fully invested, fundraising will commence for EIS Fund 3 and LBA investors will be invited once again to participate.