Force Over Mass leads a £2.1m seed round in Pomelo Pay to support team expansion and international growth.
"We appreciate from our diverse client base that it has been a challenging year for businesses across a huge range of sectors. We are therefore very proud to have been able to provide our customers with a selection of low-cost and user-friendly tools that make their lives easier. Whether that’s using phones to take payments, creating online shops, or sending payment links for jobs completed, we help to lighten the load."
The seed round was backed by angel investors including Ramon Mendes De Leon, Duncan Simpson-Craib, Angus Davidson, Stephane Delacote, and Pip Baker.
"VC's tend to be small companies and are suffering from an overload of start-ups trying to be in their line of sight. Start-ups on the other hand, are similarly overextended in their overzealous effort to make the improbable possible. For us to take pressure off of both parties, Floww starts by helping the VC analyse companies at scale, and based on merit."
The seed follow-on round was backed by a consortium including AlbionVC, Delin Ventures, and Playfair Capital.
"Our technology can support healthcare providers in finding appropriate patients to participate in medical research including large scale patient registries which usually demands laborious, manual processes on top of their already complex and heavy workloads."
Seedcamp led the financing round to help fund the digital health startup's public rollout.
"While working as a doctor, I saw firsthand the devastating complications of type 2 diabetes – from strokes to heart attacks to blindness. For the majority of patients, pills are not solving the problem. We now have strong clinical evidence that remission can be the goal for most patients. Sadly, with the NHS at a breaking point, it is not in a place to deliver intensive remission programs to the 4.2 million type 2 diabetics in the UK."
The seed follow on round was led by Triple Point with participation from Pi Labs and M7 Structura.
"Our vision is for a world unencumbered by disparate information and our property licensing product is a clear example of how we help businesses stay compliant, save time, save money while raising housing standards at the same time. Through our product we can assess all licensing needs, drawing information from multiple sources and presenting it as usable data on one platform. Our guiding principle is to make renting safer for everyone and with more people working from home, and a correlation between housing overcrowding and the faster spread of COVID-19, property compliance is of huge importance."
— Orla Shields, Chief Executive Officer and co-founder
