The financing round was backed by Kindred Capital, Moneysupermarket Group, and VentureFounders.
"With £11m of growth capital we are now well‐positioned to expand our business and provide more clients with a simple way to maximise the interest income on their cash and at the same time become an increasingly valuable funding partner to our banks."
Maven led the Series A round with participation from the North East Development Capital Fund, Growth Capital Ventures, and private backers.
"John has built an impressive senior management team around him and we are delighted to support the business as it enters an exciting new phase of growth."
The funding round was led by Active Partners to support international expansion and market share growth.
"We are in an exciting period of growth at TravelLocal and are thrilled to have secured this additional investment from Gresham House Ventures, alongside Active Partners."
AfricInvest led the Series A round with participation from Endeavor Catalyst to support platform development.
"Through our own cutting-edge research, we have developed a platform that goes beyond what we have seen in AI applications in the past. It can tackle challenging optimisation and automation challenges in dynamic and complex environments such as, but not limited to, mobility, logistics, manufacturing and energy. We already see that our product is providing real value and ROI for our clients"
Calculus Capital led the round, which will help the idea management platform expand its sales and product capabilities.
"It really feels like the time is now for idea management and we want to be the company leading the market as it grows, matures and becomes even more mainstream"