Calculus Capital led a £1.5m seed investment to fund product development and international expansion.
"Frontline workers are the backbone of the service economy, yet they remain under-served by outdated systems that make tipping opaque, distribution slow, and compliance a headache for employers. With the shift to a cashless society and the introduction of the Employment (Allocation of Tips) Act 2023, businesses are under increasing pressure to manage tips fairly and transparently, while workers struggle to make their earnings go further."
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."
Accenture invested through its venture arm to back the artificial intelligence insurtech platform.
"Insurance companies today need digital tools that don’t just inform, but genuinely empower policyholders. Our investment in Rehuman’s AI-powered wallet goes beyond digital convenience – it transforms how insurers and brokers engage with policyholders, creating more seamless, personalized and meaningful experiences."
The Series A round was led by Singular with backing from Firstminute Capital and angel investors to fund international growth and AI research.
"Lupa saves me at least an hour per day. It absolutely changed my day-to-day veterinary life, ensuring I have far more time to spend treating my patients rather than working at my computer"
NewSpring Growth provided the strategic capital to support platform scaling and team expansion.
"Bite Investments reflects the kind of forward-looking innovation that aligns perfectly with NewSpring’s investment strategy. Their integrated platform is redefining how private markets connect investors and managers, making the industry more transparent, scalable, and accessible. We are proud to partner with Bite Investments’ team to accelerate their global growth and help shape the future of alternative investments."
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