The London healthtech startup will use the capital to scale its artificial intelligence platform and expand operations into new Asian markets.
"It started from a deeply personal place, seeing how difficult it was for my sister and me to coordinate care for our parents during COVID while living in a different country from them. We realised millions of immigrants face the same challenge, and there was no trusted, tech-enabled solution bridging that gap."
Episode 1 led the pre-seed round for the software discovery platform alongside Dreamcraft and Portfolio Ventures.
"We’ve spent our careers building startups, and we learned firsthand that a company’s success is tied to the technology it chooses. These decisions can make or break products, and often shape the long-term fate of an entire business. As seasoned engineering and data leaders, we’ve built tech infrastructure from the ground up, making tough, high-stakes calls along the way. We didn’t always get things right. Tech moves quickly, but there’s a lack of reliable, up-to-date guidance to make these critical decisions. That gap revealed a huge opportunity for us to help organisations unlock their true potential and embrace modern tools with confidence in the age of AI. We’re building Dragonfly to be the technology companion we always wished we had – one that empowers every company to make faster, better choices about the software they use to build and scale."
Connect Ventures led the pre-seed round as the company emerged from stealth.
"While the TMS is the system of record for our customers, many of the conversations, decisions and data that drive freight never make it inside. That missing information is where revenue is lost and service breaks down. Bridging that gap is the only way to unlock real automation and enable the revenue growth and operational resilience forwarders need in today's market. Rates and contracts underpin freight forwarding, and are especially pertinent in the current environment. Starting here enables the biggest commercial impact for our customers while building the core grounding for future automation for our customers."