EIS News

Pronto Shuts Down - Founder Admits Defeat

Pronto home page with logo and attractive food

Pronto, the food delivery service that raised £800,000 on Seedrs four months ago, has closed its doors. Founder James Poulter is quite candid with investors about the difficulties the business has experienced. Now that options have been exhausted, the company will wind down in a way that minimises investors' losses and enables them to gain EIS and SEIS reliefs.