The investment from BGF will support the expansion of Recite Me and its assistive technology.
"We pioneered the assistive technology sector when we launched over a decade ago and have successfully grown the business to be a market leader, but our mission doesn’t stop here as we aim to help millions of people access online content around the world. To galvanise our growth, we were looking for investment partners who shared our values and ambitions and brought their experience of scaling businesses to the next level. BGF was the obvious choice, and we look forward to working with them to invest further in our technology, team and infrastructure so our tech can benefit even more people across the world."
LDC has backed the talent analytics platform to accelerate international growth while delivering an exit for Mercia.
"We are really proud of our growth in the last few years, and I’d like to thank Keith Jones, our seed investor, and Mercia not only for funding our early years but also for appointing my most crucial mentor as Chair, Rod Hyde, who helped our brilliant team establish Horsefly as a leading talent analytics platform."
The funding round was led by Zouk Capital alongside new investor Vortex Energy.
"We’re super excited to welcome Vortex Energy as our new growth investor alongside our long-term and trusted partner, Zouk Capital. The combined knowledge, international experience, and funding capacity will accelerate our growth, expand geographic reach, and drive innovation to deliver an ever-advancing suite of solutions to our customers not only in the UK and Europe but in fast-growing markets like North America."
Ingka Investments provided the funding to support product expansion and market launch of new predictive models.
"We’re proud to join Ingka Investments’ portfolio of market-leading firms. We are excited to be shaping a new global standard in credit scoring that enhances people’s lives by enabling access to products they need in an affordable way. Our coverage, advanced insights and predictive models provide a unique opportunity to achieve this by creating the world’s first real-time, inclusive, credit score based on open finance data."
Beringea led the growth round for the patient review platform, with continued support from Keen Venture Partners, Amadeus Capital Partners, and Guinness Ventures.
"Our health is the most precious thing we have. With Doctify, we are working on building the world’s most important healthcare platform to help millions of patients. We are excited to welcome our new investors, Beringea, whom we first met years ago, and we are delighted with the support of our existing investors."
