BGF invested £5m into The Exchange Lab, a programmatic marketing company, in November 2013.
The funding helped the company develop its proprietary technology platform and embark on a focused sales strategy in North America. BGF successfully exited its investment in The Exchange Lab following its acquisition by WPP.
We enjoyed tremendous support from BGF over the past two years and we could have happily continued our growth plans with their backing. At the same time, they have wholly supported our decision to progress to the next stage of our development as part of WPP’s GroupM.Chris Dobson, CEO
- Chris Dobson
- Nov 2013 - Dec 2015
Total BGF investment
- £5 million
Business funding insights
An independent optician with the vision to grow
Royston Bayfield, Bayfields Opticians, and Chris Boyes, an investor in BGF’s Yorkshire team, talks about the ins and outs of seeking and securing growth funding.
What is venture capital and when is it right for your business?
We look at the rise of venture capital in the UK, the types of businesses receiving support, and the pros and cons of this method of funding a business.