Venturesome makes co-investment in Cool2Care

CAF Venturesome has made a £150,000 investment into Cool2Care, a social enterprise that recruits carers for disabled children. Venturesome’s investment is alongside £200,000 from Big Issue Invest and £150,000 from CAN Breakthrough.

This investment package will enable Cool2Care to scale up its activities, enabling up to 5,000 families to receive one-on-one support, 10,000 additional carers to be trained and many parents to return to work.

This video shows Phil Conway, CEO of Cool2Care, and Ed Siegel, Director at Big Issue Invest, discussing the investment. This fascinating discussion covers the terms of the investment, investor/investee tensions, the differences between debt finance and equity as well as the impact Cool2Care’s legal form had on how the deal was structured.