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LDC is known for its commitment to supporting growth and innovation in businesses like ours. Their ethos of placing a high value on people and culture resonates deeply with us at 15below, making them the perfect partner as we embark on this next phase of our journey. This partnership is not just a testament to our past achievements, but a vote of confidence in our vision for the future.”

Nicholas Key, co-founder and CEO

Aylesh Patel, Partner and Head of South at LDC, added: “The importance of technology in providing seamless, hassle-free communications to customers across sectors continues to increase, and this is particularly evident in the global travel industry which has bounced back significantly since the Covid-19 pandemic. Nick and the team at 15below are incredibly ambitious. They’ve not only developed a platform that meets this growing need but have cultivated a culture where talent can thrive and together this is fuelling the company’s growth. We’re excited to invest and support them to extend their capabilities, bringing to life more of the exciting ideas in their product roadmap.”

LDC has a successful track record in the technology sector. Since 2012, the firm has invested over £650m into more than 35 fast growing technology businesses, backing management teams to achieve their ambitions. LDC’s current portfolio includes a diverse range of technology businesses such as the cloud-based technology platform Uinsure; the specialist database, cloud and applications managed service provider DSP; and the market-leading sustainability data and technology provider Sedex.

LDC was advised by PwC.

15below was advised by Clearwater International.