A Chelverton Investor Club Investment
Telecoms, Media & Technology (“TMT”)Investment Type:
Development CapitalDeal Size:
Not disclosedAbout Hypersonica:
Hypersonica Safe Search is a mobile application combining internet search results from the world’s leading search providers, with premium consumer internet security, to give users a high quality mobile search experience with a layer of free and valuable security.Why Did Chelverton Investor Club Members Invest:
The business is unique and is exploiting first mover advantage in having developed a product which provides free mobile internet security and monetises users through mobile search.
The business model, working through distribution partners, is massively scalable and the business is targeting in excess of 6 million active users by the end of 2015.
If traction can be maintained at such levels, the scale of the user base will soon be attractive and strategically valuable to other, larger, content providers in the mobile space.How did we come across the company
The investment opportunity was presented to Chelverton exclusively, through a long-established relationship with the company’s Chairman.
The attractive deal pricing we were able to secure, allied to the compelling commercial proposition, meant that the funding was committed by our HNW Club Investors within a week of the opportunity being presented to them.Future plans
The first few months post investment are all about execution of the roll-out of existing contracted Partner agreements.
Thereafter, the pipeline of further distribution deals remains strong, whilst the longer term opportunity would be to demonstrate that the user base can be exploited as a channel through which additional products can be leveraged.