Serial entrepreneur Aamer Sarfraz knows that raising money to launch or grow your business is painful. He says he has invented a better way.
Sarfraz aims to bring royalty finance to entrepreneurs. Instead of compensating investors with equity, entrepreneurs raising an R round through the new firm Draper Oakwood will pay investors back with a small percentage of their future earnings.
The investment house had something of a soft-launch in January, though it hasn’t yet made any investments. Draper Oakwood is waiting for the U.K. federal regulatory paperwork to be approved. The growth capital firm has deals in the works, but none have been finalized yet.
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