DN Capital led the oversubscribed Series A round to support product rollout and market expansion.
"Our mental model is fundamentally different from traditional pet insurance. We are aligning all stakeholders to look in the same direction by helping people to take better care of their pets."
The oversubscribed Series A round was backed by angel investors and family offices.
"We are so excited to announce the successful closing of our £4.4 million funding round. This will further support our mission to become the world’s go-to solution for mental health and ultimately remove barriers to care for employees across the globe. From my own experience, I know how important it is for employees to have access to same-day, live, one-to-one video sessions across the entire mental health spectrum. The funds raised will help us significantly grow the platform and continue to ensure that no employee ever feels stuck, helpless or alone, keeping businesses thriving."
Averroes Capital has backed Cheltenham-based hotel technology firm Journey Hospitality in its first external funding raise.
"The investment will help us achieve long-term growth and shake up the industry with technology that addresses key ecommerce challenges within hotels. We have worked alongside luxury hotels for over a decade and pride ourselves in truly understanding their business. Our latest platform, onejourney® – the world’s first unified ecommerce platform for hotels – addresses a key pain point for hoteliers and maximises property profitability."
YFM Equity Partners provided the majority of the £3.4m capital injection alongside contributions from management and chairman Richard Law.
"Vypr is addressing the nascent market for real time insights and intelligence that businesses need to enable them to make the right and most profitable decisions about what new products and propositions to develop and when to launch them. It is building both a strong market position and brand and has recruited an enviable group of household name clients that now base their decisions on Vypr Insights."
The Series A round was backed by YFM Equity Partners and Maven Capital Partners to support international expansion and product development.
"The demand we’re seeing for our technology to solve a genuine problem, experienced by all businesses that deal with contracts, has been extraordinary. It’s clear that most businesses have a challenge when it comes to scaling contract processes and making the entire process much easier and faster. Bolstered by YFM’s support, we are in prime position to develop our game-changing approach to digital contracting even further."