The seed round was led by Martin Brailsford with participation from Episode 1, Haatch and Portfolio Ventures.
"Given my background at Amazon and then as an investor in a number of e-commerce businesses I understood how hard it is for them to predict their cashflow and decide what strategic moves to make to improve profits and cashflow. It’s also really hard to get expert finance advice cost effectively. Viable makes it easy for business owners to plan ahead and achieve commercial success."
The funding round was led by Round2 Capital and will support international expansion and software scaling.
"We’ve been on a mission to solve schools’ workforce challenges. This investment brings us closer to our goal of helping the education system save over $125 million annually through our fairer, more efficient recruitment model. As we enter into the next phase of our journey, we aim to reach out to more educational institutions across the UK and US."
The pre-seed round was led by 468 Capital to fund product mass production and rollout.
"It is our core belief that we have overprotected children in the real world while under protecting them in the virtual world. KARRI is designed to help redress this imbalance by eliminating the need to give young children a smartphone. Parents are increasingly concerned about their children’s online safety and extensive screen time, yet they value the benefits of staying connected with them at all times in the real world. We’re excited that KARRI will allow children to roam free, explore, and gain independence while ensuring their safety and giving parents peace of mind. We aimed to make it as easy as possible for parents and children to stay in touch, so we have built a screen-free solution that is simple and reliable."
Speedinvest led the oversubscribed pre-seed round to support product development and international growth.
"By utilising AI to automatically digitise the things users own from the point of purchase, we’re making it possible for people to receive offers on items they haven’t actively listed for sale,"
