Leathes Prior advises Prosper Systems Limited on its first major funding round
Leathes Prior has advised Prosper Systems Limited on its first major funding round, raising £300,000 in investment for working capital.
Leathes Prior has advised Prosper Systems Limited on its first major funding round, raising £300,000 in investment for working capital.
Prosper Systems Limited, which is a subsidiary of The SenLab Group Limited, owns and supplies data analytic and business intelligence software under the brand “Prosper BI”. The software is intended to advise small and medium-sized enterprises on commercial decision-making.
Prosper Systems has offices in Norwich and London, and has recently appointed Kathryn Wright as an Executive Director.
Prosper Systems intends to use the funds raised to employ further staff, market the software to the wider community and expand the general business offering.
George Davis, CEO of Prosper Systems, commented:
"Alex and the team at Leathes Prior were instrumental in facilitating the fast completion of our seed round and we look forward to working with them for future rounds and assistance with other aspects of our growth plans in 2018."
Alex Saunders, of Leathes Prior’s Corporate team, advised Prosper Systems on the funding round.
Dan Chapman successfully represents Louis Foster on his Appeal before the Motor Sport Council’s National Court.
Dan Chapman, head of Leathes Prior’s Sports Team, has successfully represented the racing driver Louis Foster on his Appeal before the Motor Sport Council’s National Court.
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Updates to auto-renewing subscriptions: What can businesses do to prepare?
Lucy Matthews & Harry Smith in our Corporate & Commercial Team share an update on the Digital Markets, Competition and Consumers Act 2024 (“DMCC Act”) and the introduction of a new regime for consumer subscription contracts due to take effect in Spring 2027.
Uncorking Change: Current Legal Trends Shaping UK Viticulture
Viticulture is now widely recognised as one of the UK’s fastest growing agricultural sectors, supported by investment, climate change and consumer demand. Against that backdrop, the legal landscape is evolving quickly, and vineyards, investors and rural estates must keep pace with a combination of regulatory reform, environmental changes and labour pressures which are materially shaping how vineyards are established and operated. Rebecca Allen, Senior Associate in our Agriculture Team discusses the evolution of viticulture in the UK.
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The UK Government has announced a significant change to its proposed approach to energy efficiency standards for non-domestic property in England and Wales. For owners, investors and occupiers of commercial property, this is one of the most important developments in the EPC regime since the introduction of MEES. Rebecca Millard, Senior Associate in our Commercial Property Team explains...
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