The financing round was backed by InMotion Ventures, Porsche Ventures, and Autotech Ventures.
"Our main competitors are the large BNPL providers such as Klarna and credit cards. We are interest free and with short payment terms, customers are debt free quickly but risk long term debt with credit cards."
The financing round was led by Edinv alongside Tileyard London and MPL Ventures.
"We are proud to have secured even more investment as part of our mission to help ensure artists are paid fairly after decades of missing out due to outdated processes. The mission is everything to us, and to have the continued support from our musical heroes like Björn further helps deliver our vision globally."
SoftBank Vision Fund 2 led the Series A round to support domestic expansion and team growth.
"We are delighted to partner with SoftBank as we scale in the UK and internationally. They’re a natural partner due to their ambition and their commitment to edtech in Europe and globally. Our mission is to provide all children wherever they are and whatever their background with an affordable, high-quality education. We are doing this by combining exceptional teacher-made content with industry defining technology. This investment will allow us to bring the very best people to the UK’s fastest growing edtech company."
Tiger Global leads Series A investment into experience commerce platform Easol.
"It’s been a tough two years, however, very inspiring to watch our incredible team pull together in extreme circumstances to support our creators through the hardest time of their businesses to come out of this stronger than ever."
The funding round was led by 24Haymarket to support international growth and product expansion.
"Despite the global pandemic, we have been able to continue along an accelerated growth trajectory by being flexible, and pivoting our offering to meet changing customer needs and adapt to the challenging global operating environment,"