The investment from BGF will support the digital agency's plans for strategic acquisitions and organic growth.
"We are extremely excited to be partnering with BGF through this investment. The Kagool team has a huge amount of energy for the next phase of growth, having excelled in recent years in our mission to be one of the best Sitecore agencies in the UK. BGF’s track record working with other technology entrepreneurs makes them the perfect match for the next phase of our journey."
The company has closed a £5.5m round as it opens its platform to early access users across Europe.
"I am excited to give our early access users the chance to use sync.’s incredible features as we scale up. We are now looking to increase the number of sync. customers gradually and have the product grow alongside our users."
The £6m Series B investment was backed by Gresham House Ventures and existing investor Mercia Asset Management.
"We have spent a long time looking at automation within professional and financial services. While the legal world has arguably been a late adopter of technology, firms are realising that automation is essential to driving both cost efficiency and resilience across distributed workforces. In Clarilis we have found an ambitious business with a market-leading solution and exceptional customer satisfaction as a result of its fully managed service. It exemplifies the type of technology-driven and scalable business model that our investment team look for. We’ve been impressed by the impact that Clarilis has already had in the market and as the business expands, particularly into the South East Asian market, we are excited to be bringing our experience to bear and to help facilitate its growth."
The £10m Series B follow-on round was led by DIP Capital with backing from the UK government's Future Fund to drive global expansion and new product development.
"We are excited to lead this round as we recognise Wejo's huge potential and believe in the value it provides not just to car companies but also to end-user customers of its big data insights and analytics. We are confident Wejo is in the right position to take advantage of this clear opportunity to become a leader in the market, shake up the automotive industry, and enable the full digitalisation of mobility."
The company has received a cash grant from the UK government to adapt its cell preservation gel for coronavirus testing samples.
"In June, 30,000 COVID-19 tests in the UK were recorded as invalid. One reason behind this higher than expected figure was that scientists were unable to preserve the integrity of swab samples for longer than 72 hours, leading to the government committing to having swab test results completed within 24 hours. However, when testing tens of thousands of swab tests, backlogs are inevitably going to occur, meaning swab tests need to be stored so that they can be tested later. What our solution provides is an ability to store samples for up to two weeks meaning test samples do not become redundant after 72 hours, thereby providing scientists more time to handle large volumes of swab tests."