Act Venture Capital led the €5m funding round to support product development and team expansion.
"We are thrilled to have the support of ACT and our other investors as we continue to grow and expand our innovative mental health, wellbeing and digital health offerings"
The investment round was backed jointly by MOL Drybulk and Scottish Enterprise.
"MOL is committed to decarbonisation within our industry and Scotland is at the forefront of many environmentally friendly solutions, whilst our investment in Smart Green Shipping furthers our commitment to the UK."
— Kazuhiko Kikuchi, President and Representative Director
IW Capital backed the immersive shopping platform in its first investment into the company.
"IW Capital is proud to invest in Situ Live. This investment will enable the company to continue its exponential growth. Situ Live has reinvented the consumer shopping experience by blending traditional and digital retail marketing, encouraging consumers to interact with brands in a whole new way."
DSW Ventures led the investment into the Leicestershire software firm alongside Jenson Funding Partners.
"We were immediately drawn to the scale and speed of growth that Andy and Kieran had achieved with minimal capital, as well as the potential of their product in an underserved area of the SEO market. We are delighted to support such a talented founder team from another very exciting regional software company."