Calculus Capital led the round, which will help the idea management platform expand its sales and product capabilities.
"It really feels like the time is now for idea management and we want to be the company leading the market as it grows, matures and becomes even more mainstream"
The record-breaking Series A round was led by Insight Partners and DST Global with participation from GIC and Blossom Capital.
"We have been fortunate to have some of the world’s leading investors approach us for some time but our focus has remained on building the very best suite of products we can for our merchants on four continents. Having built a sustainable business, one hire at a time, it was crucial to find partners that share our vision of how enterprise businesses will consume financial services in the future. We have anticipated this from our early days and have designed Checkout.com’s platform from the outset so that we can easily deliver incremental services to our customers as the company expands its offering."
Fuel Ventures has backed the online tutoring platform in a £2m seed round.
"Our company is run by education specialists and tutors, with years of experience. We’re on a mission to change the way students and parents find trusted and qualified tutors. We want to return autonomy to tutors, tutees, and families, to make tutoring affordable for, and accessible to, the people that need it the most. That’s not a big ask, and we’re well on our way to making that happen."
The Manchester-based messaging platform raised the capital from backers including GP Bullhound and the Angel CoFund to accelerate expansion.
"Our mission is to make it easier for consumers to connect with service providers in regulated industries like Financial Services. Our clients are using Nivo to deliver simpler mobile experiences, which reduce effort and empower customers. This means everyone saves time, costs go down and satisfaction goes up."