Fuel Ventures led the seed round for the London fintech as it exits stealth mode.
"Over the past decade, finance teams have moved away from clunky, outdated software to embrace finance and ERP systems which improved productivity and provided automation opportunities. However, for all the incredible opportunities they offered, they have fallen short as finance professionals still had to manually download CSV files, with significant error and fraud risk, and carry out time-consuming reconciliations."
Cedars-Sinai and Oxford Science Enterprises backed the seed round to support expansion into the American market.
"The research produced at Oxford is of the highest caliber. An ongoing relationship with OSE will serve our patients and also strengthen the academic and clinical missions of Cedars-Sinai."
— Shlomo Melmed, executive vice president of Medicine & Health Sciences and dean of the Medical Faculty
SFC Capital led the pre-seed round to help develop core platform capabilities.
"Successfully closing the pre-seed round with SFC Capital is a crucial first step toward transforming the data centre industry. SFC Capital’s investment is a very positive endorsement of the innovative strength and strategic vision embedded within Clear Decisions."
Praetura Ventures and Verge HealthTech Fund co-led the seed round to support preventative care for severe mental illness.
"We understood CareLoop’s mission, vision for transforming severe mental illness aftercare and the wider roadmap from our very first meeting with the team. Fast-forward to the present day and we’re incredibly excited to not only be supporting the company with investment but also the more than money guidance and network support it needs to scale and deploy its technology across the NHS and other global health institutions. The company is a testament to the quality of spinouts coming out of the University of Manchester, and the North West’s universities more generally. In addition, it’s great to see the GMC Life Sciences Fund by Praetura and the NPIFII – Praetura Equity Finance funds collaborate alongside co-investors from the UK and Singapore."
— Sim Singh-Landa, head of the GMC Life Sciences Fund By Praetura
The investment round was led by Nauta with participation from Venrex and Episode 1.
"2024 was an excellent year for Zelt as we launched our new Growth module, onboarded our first 1,000+ headcount organisation and closed a new round of funding that will enable us to invest even more into building the best product available in the market. We see a $50bn opportunity globally as organisations move away from legacy and point solutions, to a next-generation all-in-one platform. Alongside the capital, it’s great to have such an experienced and well aligned investor like Nauta on board as a partner at this stage in our journey."
.png)
