South East Angels Invest in Toolbox to bring the UK’s £25bn bathroom renovation industry online
Brighton-based startup funding group South East Angels is excited to announce its recent investment in Toolbox, a renovation-as-a-service tech start-up set to disrupt the UK's £25 billion bathroom renovation sector. With its innovative marketplace, logistics stack and embedded payments and finance system, Toolbox is revolutionising the way consumers approach bathroom renovations.
Toolbox understands the challenges and stress associated with renovations, and have developed a tech-led approach to simplify the process and provide a seamless experience for customers. Their full-stack model combines various elements, including 60-second quoting, professional designs, logistics management, sourcing and coordination of bathroom fitters, consumer finance options, and industry-leading customer service.
“South East Angels recognises the immense potential of Toolbox and its mission to reshape the renovation industry. We were impressed with the founding team and their strategic apporach. With this investment, our members aim to support Toolbox in expanding its reach, enhancing its technological capabilities, and scaling its operations to cater to a larger customer base”. - Kristina Pereckaite, Managing Director South East Angels.
“We’re delighted to have South East Angels invest in Toolbox as we continue on our mission of bringing this giant industry online. South East Angels bring with them a high quality and deeply experienced network, which has already added significant value to our business. We’ve grown quickly since our launch in 2022, and we’re looking forward to this next phase of our journey”. – Craig Lynch, Co-Founder & CEO, Toolbox.