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Investors help Trainline rival Seatfrog raise £6m to help create jobs

Seatfrog was launched in 2018 and has deals with 16 train operators

Seatfrog has raised an extra £6m(Image: Manchester Evening News)

A rail ticketing app that is hoping to take on the likes of Trainline has raised an extra £6m.

Seatfrog has secured the backing from the likes of Manchester-based Praetura Ventures as well as Pembroke Investment Managers LLP and Octopus Ventures.

The extra funding will allow the company to create new jobs.

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Seatfrog was launched in 2018 and has deals with 16 train operators.

Co-founder and CEO Iain Griffin said: "Our mission is to be the platform of choice for rail, helping people fall in love with taking the train again, and enabling operators to run more profitable networks full of happier, less stressed passengers - it’s long overdue.

"Today’s investment marks the latest milestone on our journey but it’s by no means our final destination. With the launch of our Train Swap feature across the º£½ÇÊÓÆµ and our expansion into new European markets, we are unleashing a new platform that helps passengers get an unrivalled experience and operators run more efficient networks well beyond the capabilities of legacy technology."

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Fred Ursell, investment director at Pembroke Investment Managers LLP, added: "Over half of º£½ÇÊÓÆµ rail passengers are unhappy with value for money, largely due to the European rail sector being starved of innovation.