Glyde secures £450,000 in pre-seed funding led by Fuel Ventures to enhance its currency platform and expand its engineering team and product development.
Jun 19, 2025•27 days ago
Amount Raised
£450,000
Round Type
pre-seed
Investors
Fuel Ventures
Description
Glyde has raised £450,000 in pre-seed funding led by Fuel Ventures. The investment will help grow Glyde's engineering team, accelerate product development, and expand adoption across the UK and internationally. Founded by brothers Ellis and Nathan Taylor, Glyde aims to empower users in their currency exchanges. Their platform allows users to select their own exchange rates, making cross-border transactions more transparent and cost-effective.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech