The EdTech scale-up has raised £450k in a convertible loan note led by Scottish Enterprise to fund its entry into North American markets.
"I had to give presentations 2 or 3 times a week as part of my degree. I was getting so frustrated spending hours preparing every week only to forget key information during my presentation."
The round was led by Loyal VC with participation from Wayra and AI Startup Incubator to fuel product and team expansion.
"As a content creator, when I create video content for socials and my online courses, I am always conscious about inclusivity and widening my reach. That’s how I first learned about how effortless it is to use Subly for all my subtitles. I was sold as a customer and had the privilege to join as an investor too."
The funding round was backed by Skyscanner co-founder Gareth Williams alongside Scottish Enterprise and Equity Gap.
"This is hugely exciting news and is a change of trajectory from our original, more modest ambitions – we are now set on the path for Boundary to become a top-tier European home security business. To have someone with the calibre of Gareth giving our product his backing and mentorship is incredible; we have massive plans for the future."
Illuminate Financial and AlbionVC co-led the seed round to support product development and client acquisition.
"We are delighted to welcome Illuminate Financial, AlbionVC, Expon and SixThirty to the Accelex family and are confident that their contribution will be key to the firm’s positive trajectory"