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Utilities scale-up The Bunch partners with Pario Ventures for US launch

Fast-growth utilities scale-up The Bunch has partnered with London-based investment firm, Pario Ventures, to facilitate its imminent launch in the US.

The Bristol-based business, which consolidates all household bills into one monthly payment and grants individual liability for tenants, will initially set up operations in Boston and New York.

This follows a highly successful year of trading for the company, having grown by 350 per cent.

With a majority student customer base, The Bunch has the opportunity to take hold of a vast market-grabbing opportunity in the US, where there are more students residing in Boston and New York alone than in the entire UK.

Existing investors in The Bunch include Haatch, SFC Capital and Bristol Private Equity Club.

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