The funding from BGF will support product enhancement, infrastructure upgrades, and team expansion at the software provider.
"Since founding the business in 2014, we have consistently strived to revolutionise how financial advisers of all types use technology to deliver exceptional advice to their clients. There are few tech businesses that can be said to operate successfully across the entire advice market, but we have broken that mould. Today, we provide technology to some 16,000 advisers across the country, who in turn look after millions of end clients across mortgages, protection and investments."
The funding from the Green Business Loan Scheme will help power the Anglesey salt harvesting and visitor centre.
"Given the amount of roof space on our saltcote and visitor centre at Tŷ Halen, having solar panels installed at the site to cut our carbon output and our energy bills was an obvious next step, and the support provided via the Green Business Loan Scheme was exactly what we needed."
The financing values the remote work platform at $1.2bn and was led by Silver Lake Waterman.
"Global employment is incredibly complex, involving many moving parts. Oyster emerged as a best-of-breed solution in the category to solve these traditional challenges,"
Angular Ventures led the round with participation from Business Finland to support product development and market expansion.
"Everyone knows 90% of enterprise GenAI projects are stalling. To succeed, enterprises will need to implement LLM-specific evaluation tooling, which is not easy to begin with. Doing this well enough for enterprise use cases means building a robust constellation of LLM judges, and few enterprises have sufficient know-how to do this. Fortunately for them, the Root Signals founders have been thinking about this problem for 20 years."
The funding round was led by artificial intelligence specialist Sure Valley Ventures.
"In my experience, education leaders remain sceptical that strong staff retention and wellbeing in schools can coexist with high standards of marking and feedback. Through our work at stylus we intend to prove this a false dichotomy. I have been working on this problem space since I reluctantly left the classroom for a life without marking 10 years ago, but it’s taken until this point for a solution to be truly viable. Although I made some headway in the past with products that amplified the effort teachers spent marking, what we really lacked was a way of making decisions about students’ work on behalf of their teachers."
