The pre-seed round was backed by a private angel investor to support team growth and product development.
"The incredible thing about eSwapp users is, no two are the same. We’re not here to “match” people. We’re here to bring together Swappers and their valued skills and empower organisations to know in real time what skills are missing. Our three-layer mathematical model, developed by a former associate at Yale and Cambridge University, makes skill predictions to help organisations get ahead of the curve with strategic business decisions backed by smart data. This pre-seed round will go towards new hires, fine-tuning our product development, and a solid client acquisition and retention strategy."
The investment was led by Calculus Capital with continued backing from Mercia Fund Management.
"We are delighted to complete a further funding round with investors who share our vision. It provides a really meaningful opportunity to capitalise on the growth opportunities emerging as the world of work continues to see accelerated change."
Clearstream and the Luxembourg Stock Exchange led the financing round to support the development of automated debt issuance solutions.
"We are very excited and proud to have the confidence of Clearstream and LuxSE in this transaction. This step is a fantastic validation of not just our technology, but also of the impact we have already had on the market and most importantly our customers. We look forward to working together with our new partners to make debt issuance cheaper, faster, and better for all market participants."
The Northampton-based conversational assistant developer raised the capital from backers including Mercia and the Midlands Engine Investment Fund.
"This investment round represents a significant endorsement of our technology. The conversational AI market is very noisy with many big players. Our unique approach has made us the platform of choice for many global players and has allowed us to roll out our technology. This investment enables us to further establish ourselves in the market as a leading provider of conventional AI for enterprise and take the business to the next level."
The funding round was led by the Angel CoFund alongside a syndicate of experienced angel investors.
"Our vision is for any size company, in any sector, to have access to business-critical HR data. We aim to help all clients navigate some of the most difficult employment issues that they are facing today. Our experience has shown us that companies are ready and willing to address HR issues within their businesses, they just need to be armed with the insights to do it. Our platform can be instantly transformative to clients, as well as delivering material cost savings to businesses of all sizes. We are delighted to have such a strong, experienced and engaged syndicate of angel investors, as well as the Angel CoFund on board to help us capitalise on the huge growth we are seeing."
