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Nutmeg Receives $5.3 Million in Funding from Pentech, Tim Draper, and Others

Thumbnail image for NutmegLogo.jpg

Online investment management tool, Nutmeg, announced today that it has received $5.3 million (£3.4 million). 

Investors include:

    • Pentech
    • Daniel Aegerter (Swiss chairman of Armada Investment Group)
    • Tim Draper (an early investor in Skype in Europe and other notable startups)
    • Klaus Hommels (on Spotify’s board)

The startup will use the funds to help prepare for its UK launch later this summer.

To learn more about Nutmeg, watch its FinovateEurope 2012 demo.