The Series C round was led by Highland Europe with participation from ETFS Capital to support product development and team expansion.
"Financial advice is a heavily regulated space and it is difficult for fintech platforms to break through unless they truly understand how to manage and enable operations for their customers. For the past six years, we have been building Fundment as the all-in-one tech platform to support a financial advice firm’s every need so they can dedicate more time to delivering value to customers. We now have over 500 firms relying on Fundment, but we’re still in the early stages of our journey. I’m delighted to have the backing of Highland Europe and look forward to working with the knowledgeable team there as we scale Fundment."
The funding round was led by NPIF II, Praetura Equity Finance and will support technology development and team expansion.
"We’re absolutely thrilled to receive this investment from NPIF II – Praetura, as well as River Capital, Foresight, the Greater Manchester Combined Authority and MEIF, which will be instrumental in driving the next stage of growth for Mojo-CX. With this new injection of capital and ideas, MOJO-CX will accelerate our vision of redefining customer contact, for customers, for brands and for employees through the use of AI. As a proud northerner, this funding also allows us to deepen our commitment to the region by creating high-quality jobs and fostering a thriving tech community here in the North West. This is a pivotal moment for MOJO as a business and for the contact centre market, and I can’t wait to see what we can achieve in this space."
Northstar Ventures led the funding round, with participation from 24 Haymarket.
"It’s no surprise that OnHand is thriving, thanks to their exceptional leadership team. Our investment will support technical improvements to enhance the platform’s gamification and expand user options even further. It will also help the company achieve their ambition of breaking into the enterprise market. We are thrilled to support such an exciting, innovative company, as we recognise the value of corporate volunteering."
