The Manchester based venture capital fund led the round alongside existing backers to support team growth and international expansion.
"From day one we have been committed to transforming digital fundraising by putting charities first. Our products put charities front and centre to enable them to raise more for their cause. This investment will play a crucial part in our journey to be the number one for charity fundraising in the UK and beyond, by helping us to rapidly scale our team and roll out new products to help the third sector."
The funding round was led by Toscafund Asset Management with support from Deepbridge Capital, and will fund international expansion and product development.
"As market practitioners we have always been acutely aware of market developments and working with market participants to shape our product development and innovation. As such it was important, we found a partner who shared our vision within financial services. We believe that Toscafund’s global expertise and impressive market connectivity will be of tremendous benefit to VoxSmart in our next stage of growth."
The London software business has closed a Series C round backed by Insight Partners and existing shareholders to fund international growth.
"At Insight Partners, we invest in fast-scaling software companies. The Pollinate platform creates white-labelled digital marketplaces for the business customers of the world’s largest banks"
— Emmet Keeffe III, Operating Partner at Insight Partners and Founder of Insight IGNITE
The social investment application raised £14.4m in a Series A convertible offering led by Ventura Capital.
"There is a revolution going on in retail investing. Invstr is here to support that revolution against the new and old dark forces of the financial establishment. We’ve taken the best investment techniques from the rich and made them available to everyone. We help our community members understand their individual investing style and performance, choose stocks that suit their portfolios, share ideas publicly, in groups or private messages, test out their strategies in Fantasy Finance® before they take any real risk and then perform all of their banking and brokerage needs in a single place. Our members are winning the fight. Our real money $100,000 Challenge and Invstr Fantasy League champions are spectacularly outperforming the market and Wall St."
LHV Group has committed £4.5m as part of B-North's ongoing £20m Series A fundraise.
"We are delighted to welcome LHV as one of our lead investors. It is great to have the opportunity to work alongside a business that shares our belief in the importance of backing growing enterprises – and one that has a strong track record for doing so."
