Strategy

DIARY: Andy Murray Adds Another String To His Racket With Business Investments

Amisha Mehta Assistant Editor London 1 March 2016

DIARY: Andy Murray Adds Another String To His Racket With Business Investments

The Scottish tennis champion has invested in a handful of British entrepreneurs through a crowdfunding platform.

Two-time Grand Slam winner Andy Murray has picked five UK start-ups to back, investing undisclosed amounts into each, through equity crowdfunding platform Seedrs.

His investments include: Oppo Ice Cream; FinTech50 2015 travel ticket subscription service CommuterClub; P2P lender Landbay, which recently announced a partnership with Zoopla; film streaming platform We Are Colony; and Readbug, the "Netflix for magazines".

Murray, the 2012 US Open champion, 2013 Wimbledon champion and reigning Olympic singles champion, teamed up with Seedrs in June last year. These five investments are his first of 2016.

“Giving recognition and support to British entrepreneurs is important to me, especially those who are the driving force behind growth-focused businesses. Every one of these entrepreneurs is inspirational and dedicated to their business and I’m excited to have invested in their team’s vision and work ethic,” Murray said in a statement. 

“It’s been an exciting start to 2016 for me, for many reasons. To see Seedrs reach £100 million ($139 million) on the platform and so many ambitious and dynamic businesses currently fundraising, means it’s a great start to 2016 for them as well.”

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