Fortunis Capital backed the female-led mental wellbeing app to accelerate its growth and service expansion.
"We have huge growth plans – we are the only mental wellbeing app that really, really understands what women need when it comes to their mental wellbeing. In a space where the leading apps are all lead by men it’s time to shake this up."
Techstart Ventures led the round with backing from Active Capital and Ankur Nagpal.
"Online summits have been a tool for digital marketers to share knowledge, but it’s always been complicated and cost-prohibitive for most entrepreneurs,"
The Reading-based healthcare technology company secured the financing over five months to progress product development and clinical trials.
"Healthcare is one of the areas of biggest interest to our investor database. In the year of a global pandemic this is perhaps no surprise – but this business really did tick all the boxes for our investors. They have patent-protected IP with a product developed by a team with extensive medical experience. They also have a track record of high value medical and technology exits. We look forward to seeing the development of this business and its potential ability to improve the lives of millions of people."
Gabriel Investment Syndicate led the seed round to help take the company's technology worldwide.
"Our mission is to change the fitness tracking market for the better, by making professional running laboratory-grade technology accessible to all runners. In doing so, we’ll help people both improve their running and lessen the risk of injuries."
Maven Capital Partners backs the product sampling specialist with £750k through the North East Development Capital Fund.
"We have been impressed by how the business has scaled in recent years and the ambition of management to continue to drive sales and platform enhancements, whilst looking to expand into new markets. SoPost is an exciting high growth business with a compelling proposition and is an excellent example of the type of company that the North East Development Capital Fund was set-up to support. Today’s funding will enable SoPost to accelerate its growth plans and capitalise on the increasing global demand for cosmetic products and online shopping."