NVM Private Equity led the Series A round to support workforce expansion and product development.
"This investment is a big vote of confidence for Quotevine and the work we are doing. There is a big shift taking place in the asset and auto finance sector, driven by the prevalence of interesting technologies like AI and IoT. Businesses in this space have a huge opportunity to get ahead by understanding how these technologies can be adopted to drive operational value and better meet customers shifting demands and need for personalisation. We are thrilled we have NVM on board and look forward to building our business."
The investment was led by Nauta Capital with participation from Mercia.
"We are pleased to be able to advise Mercia on this further funding round after their initial investment. We have a longstanding working relationship with Mercia and over that time we have seen first-hand their ability to pick companies with good potential for scale-up, and BlackCurve’s success demonstrates that ability to spot prospects with real promise."
The funding from Midven and the Midlands Engine Investment Fund will support product development and create twenty jobs in Nottingham.
"We are delighted to have received the investment from Midven. It will allow us to move the business onto a more commercial footing, recruit the necessary specialised staff and reduce time to market. We want to surpass our prior expectations to enhance security, improve passenger experience and increase throughput, all whilst reducing overall costs for airports."
Maven led the investment to help scale the Edinburgh-based identity management firm.
"We are delighted to be leading the investment in Symphonic Software. The company operates in a high growth sector driven by significant new regulation. Symphonic is targeting further growth in retail banking and other sectors and is well positioned to expand into new markets. We look forward to working with Derick and his team over the coming years to scale the business and deliver on its growth strategy."