The pre-seed round was backed by a private angel investor to support team growth and product development.
"The incredible thing about eSwapp users is, no two are the same. We’re not here to “match” people. We’re here to bring together Swappers and their valued skills and empower organisations to know in real time what skills are missing. Our three-layer mathematical model, developed by a former associate at Yale and Cambridge University, makes skill predictions to help organisations get ahead of the curve with strategic business decisions backed by smart data. This pre-seed round will go towards new hires, fine-tuning our product development, and a solid client acquisition and retention strategy."
Passion Capital led the pre-seed round, which will fund team expansion and platform scaling.
"We’re thrilled to be partnering with Sugar and working with the team. Flexible, quick and efficient financing for games studios and apps developers makes a lot of sense. There’s an opportunity here to make these ecosystems thrive and Sugar will provide the platform to help drive that innovation along with the ambition to become a world-leading financing provider"
Warner Music Group led the pre-seed round as the company launched its first public beta.
"I’m excited about the power that their technology allows within the immersive space – it creates exciting new opportunities for our artists to express their creativity and engage with their fans through 3D worlds and objects."
— Oana Ruxandra, Chief Digital Officer & EVP, Business Development
Cornerstone Partners has led a pre-seed investment into Hutch Logistics alongside angel investor Andy Davis.
"Cornerstone are delighted to be working with Sait and the rest of the team to support Hutch’s growth plans. Their innovative tech platform and micro warehousing concept is compelling and represents a unique opportunity to serve the rapidly developing independent eCommerce sector. We look forward to supporting the business over the coming years and working with Andy and the other angel investors who participated in this round."