Maven Capital Partners led the seed follow-on round to support product development and sales growth.
"Guru represents an exciting opportunity for our VCTs to invest in a trusted supplier of carbon saving IoT technology. As a major contributor to greenhouse gas emissions, residential heating presents one of the greatest challenges in global and UK efforts to achieve net-zero emission. Heat networks have a major role to play but, like standalone domestic boilers, they can be hampered by inefficiency. This makes Guru’s sophisticated monitoring and AI-driven analytics technology very attractive to developers and operators as they strive to build efficient and cost-effective heating systems. We look forward to supporting the Guru team and helping them fulfil their growth aspirations."
The round was led by NorthStar Ventures with backing from Shazam co-founder Dhiraj Mukherjee and UK Research and Innovation.
"NorthStar believes that the next innovation wave is about impact at scale. In the UK alone there are up to 20 Million potential volunteers, 10 Million care recipients and millions more young people, homeless and eco projects urgently needing support. onHand is the first cloud platform to enable volunteers and those needing support to be matched via an app, using geolocation, security checks, and machine learning to deliver the best experience to both sides at scale. Employers know that volunteering improves the satisfaction and ultimately the productivity of their employees, and thus are key partners in onHand’s rapid UK expansion. We are excited to become an early investor in onHand’s journey"
The fintech startup has closed a seed round exceeding its original target after drawing support from brokerage founders and institutional backers via Seedrs.
"We have launched state-of-the-art streaming technology for a huge market, launching at a time when retail investing, streaming and the creator community are all seeing rapid growth."
The funding round was backed by WatchMojo founder Ashkan Karbasfrooshan alongside family offices and private equity executives.
"Thrillz is operating in a market that is exploding and the traction the team has achieved in a short period of time is incredible. When I started WatchMojo fifteen years ago, entrepreneurs were a rare breed; today so many young professionals want to pursue this path… and Anjan stood out as a remarkably bright, driven and capable young individual so I felt compelled to be a part of the journey and share lessons in our successes and failures to help Thrillz become an influential global brand."