The London based regulatory technology firm has closed a seed round backed by several private investors to accelerate research and international expansion.
"One of the major pain points any enterprise will face is the inefficient use of labour to manage repetitive, manual and error-prone processes that involve the extraction and checking of unstructured data,"
The Series A round was led by angel investors including Charlie Songhurst and will fund new platform features and international growth.
"Learning should be accessible for all, but unfortunately, the economics of the publishing industry means that this isn’t always possible. With Perlego, we can change this. Our platform widens access to educational materials at an affordable rate while concurrently driving profitability for the publishing sector. This means that more people will be able to enjoy the opportunities afforded to them by education."
The London-based marketing technology platform has raised Series A funding from Fog City Capital to fuel its expansion into the United States.
"We were blown away by Ad-Lib’s technology and the rapid traction they are getting with large brands for whom the seamless integration of the creative and media buying processes in their advertising is a major pain point. We’re delighted to back Oli and his incredible team of creative and mar-tech experts in their ambitious plans to further disrupt this space."