The seed round was led by Speedinvest and Target Global to support team expansion and international growth.
"Imagine your electricity getting cut because of insufficient funds due to not moving money to your current account in time. Now imagine that across hundreds of accounts and dozens of countries. That’s the daily challenge for treasury teams – juggling multiple systems to track and predict cash flow across global operations. Having implemented incumbent solutions three times to solve this without seeing meaningful change, we knew it was time to build something better"
The artificial intelligence investment platform has raised £350k through the fundraising platform Fundmypitch.
"The Fundmypitch platform has been brilliant for us. From the moment we were on the platform, we had introductions to investors and clients. As well as helping us secure investment, we’ve got lots of ongoing relationships that will transform our business in the future."
The round was led by Balderton Capital with backing from TQ Ventures, Earlybird, and Seedcamp.
"Tilt has an incredibly exciting journey ahead. We are thrilled to have the backing of the exceptional team at Balderton Capital, along with our existing investors in this round. This support will enable us to scale the Tilt platform, expand the team, and deepen our engagement with our growing community,"
The Series B round was led by Next47 with participation from Y Combinator, CRV, and Crane Venture Partners.
"In 10 years, every company will have an AI department in the same way that they have an IT department today or risk losing relevance, and Encord will be the only platform they need to accomplish the process of turning data into functional AI models,"
