CarVal Investors provided the funding and took a seat on the board as the cleantech company targets global markets.
"We are delighted to have completed our investment in Social Energy and are very much looking forward to helping to support their ambitions over the coming years."
SFC Capital and angel investors backed the pre-seed round to support team growth and product development.
"There is no 'one size fits all' answer when it comes to managing your finances. What should I do with my savings? What’s the difference between good debt and bad? A lot of young people we talked to felt there was a lot of information out there but it lacked context on their financial situation and advice on what tangible actions they should take."
The London insurtech has drawn backing from Shell Ventures and Marbruck Investments to drive domestic and international growth.
"Partnering with Shell Ventures brings not only fresh capital, but also an investor with a thriving global connected fleet business and expertise to share. We are looking forward to working with Shell and bringing our class-leading motor fleet insurance product with explainable exposure-based pricing to an even wider audience"
YFM Equity Partners backed the Manchester consumer insights business to support international expansion and team growth.
"The Vypr platform has proved able to provide them with this valuable intelligence in less than an hour – it eliminates the need for expensive research and reduces the number of failed product launches. We’ve had phenomenal feedback from clients who say it has transformed the way they work."