The investment from Mercia will fund cloud software development and international expansion.
"The impact of our Cell Site Analysis Suite (CSAS) was demonstrated most recently through the results CSAS delivered for the Metropolitan Police Service to disrupt county lines."
The follow-on funding will support platform adoption and commercial growth.
"Banks are embracing end-to-end execution and better customer experience across the value chain. The front-end deal syndication process is the logical next step in terms of digitisation in capital markets. We look forward to working with Mandalore Partners and ACF Investors on delivering platform adoption in this space."
The Series A round was led by Saras Capital with participation from BACKED, Chalfen Ventures, and Entrepreneur First, and will fund team expansion.
"Automation is already used by many semiconductor manufacturers. However, even in advanced fabs where scheduling itself is automated, the software used to make these decisions tends to be based on predefined rules programmed by humans and determined by historical data. Yes, it can calculate different options far quicker than a human operator could, but the options are still ‘best guesses’ rather than optimal outcomes."
The financing round was led by VentureFriends and Kibo Ventures to help expand the team and increase maximum loan sizes.
"We’ve been investing in proptech startups that improve the real estate journey since 2016. In Proportunity we saw a product that can positively impact the lives of thousands of FHBs. Proportunity founders, Vadim and Stefan, have experienced the pain of trying to get on the housing ladder themselves and we were impressed with their resilience, drive and progress so far. Proportunity directly addresses the pain of FHBs, it makes housing more affordable and more attainable while also sharing the house price risk, instead of putting the risk solely on the FHB and/or their family."