The routing and navigation specialists exceeded their initial target by closing a campaign backed by existing shareholders, angels and the public.
"We are delighted with the support shown for our recent Seedrs campaign; closing the campaign with 126% of our target is excellent and highlights the public’s desire for smarter and safer routing technology"
Mercia led the seed investment round to support team expansion and product development.
"Consumers have moved dramatically towards online channels, and companies and industries must transform the way they currently deliver services. Digital and corporate strategies have quickly become one and the same. People now expect everything to be accessible online, however, 90% of businesses do not have the capability to build their own digital infrastructure. Mindset aims to bridge that gap by giving people the tools they need to create their own digital business, allowing them more time to focus on the people and customers who count."
Morningside Ventures led the seed investment to help PsycApps expand its team and further develop its mental health game, eQuoo.
"After working in an NHS priory, I realised that my clients were reaching me way too late – often after six months on a waitlist and years after experiencing the first symptoms. I wanted to find a way to give them the skill set they needed before they needed it. If a student drops out of their course due to mental health issues, it will change their lives in a way that hurts them and society. With eQuoo we give young adults a tool that helps them grow mentally, stay mentally healthy and get help if they’re experiencing issues."
The seed round was backed by Ascension, Syndicate Room angels, and a Seedrs crowdfund to support product and team growth.
"When an individual is sectioned under the Mental Health Act, they are in need of urgent treatment and support. Delays in accessing this can severely hamper recovery. The completion of Mental Health Act forms is an essential legal process that ensures patients receive the right treatment, safely; but no-one should have to wait for care when in crisis."