The investment from BGF will support global expansion and ongoing product development for the Manchester technology firm.
"Customer experience has become a key driver across a multitude of sectors in recent years which, in turn, has sparked a wave of digitalisation in order to meet the needs and expectations of end users."
The seed round was led by 42CAP and will support global expansion and product development.
"Operational data has become increasingly abundant in recent years, yet its full potential has often gone untapped. We believe AI is the game-changer here,"
Silverstripe led the Series A round with participation from Frontline Ventures, Guillaume Pousaz, and Brad Bao.
"We are thrilled to welcome Silverstripe to the Shackle story. It has been great to build a really strong relationship with the team, and their experience and track record in the finance and tech sector will supercharge our mission to revolutionise the hotel industry."
The funding was backed by Mercia Ventures, the Midlands Engine Investment Fund and private investors.
"Having grown up in a digital world, today’s students are more likely to make decisions based on reviews rather than marketing material. StudentCrowd is the only platform of its type that offers reviews from verified students and covers universities, courses and accommodation. The company has huge potential for growth. This investment will enable it to establish its position as the leader in the UK market and prepare it for international expansion."