Draper Esprit led the Series B financing round to support international expansion and product development.
"We are really supportive of the Form3 mission to open access to payment systems. This is much needed around the world and helps companies like N26 scale faster globally and build products their customers love to use"
The Port Talbot based customer experience firm secured backing from new and existing investors to grow its footprint in the Americas.
"We are delighted that the Development Bank of Wales remain supporters of Vizolution and continue to believe in what we do. Their investment, help and guidance over the years has meant a lot and has been a big part of our success. We look forward to many more successful years of working together."
The funding round was led by the Development Bank of Wales with participation from angel investors.
"We want to “Power Up” employees so that they feel confident in the workplace, no matter where they sit. With this new focus and investment, we felt the time was right to re-brand the platform. This latest round of funding will help us to accelerate the growth of the brand and work towards our goal of becoming the Netflix of career development. We are hugely proud of the success that Careercake has had to date and thrilled with the support we have had from the Development Bank of Wales and our investors."
The oversubscribed round was backed by Beer & Young founder Nick Young.
"I was first introduced to my now business partner*, JS, almost two years ago. His vision for modern barrows fascinated me – during this period we talked about how to bring such a vision to reality. We believe we have found the right model and management team and I’m delighted to have invested in this round"