Prudential and FNZ jointly led the six-figure investment into the digital vault startup.
"Life organisation and Legacy planning is something that can fill many with dread. While it is understandably a sensitive subject and strenuous task, it’s important that services like ours make it as easy as possible to prepare for life’s unexpected events. It’s important to highlight how it is never too early to think about the future and to keep plans updated throughout your life."
The funding from Maven will support the expansion of the firm's business units and software platform.
"GCV has developed an innovative software solution that considerably streamlines the investment process for investors, and the company is uniquely placed to capitalise on current market conditions. The company has grown to be one of the most high-profile venture builders and incubators in the North East and this is a great opportunity for Finance Durham to support a Durham-based business in not only scaling itself, but supporting the next generation of local entrepreneurs across the county and region as a whole. We very much look forward to continuing working and supporting GCV now and in the coming years."
The seed round was led by Kindred Capital with participation from Point Nine Capital and Forward Partners.
"For years, product designers and engineers across myriad industries have been confined to technologies that aren't fit for purpose to create and develop products for the physical world, with lengthy iterative processes causing protracted product development cycles, unnecessary costs, and a host of design frustrations. Gravity Sketch gives design and engineering teams across the globe a way to create, collaborate, and communicate together in the same virtual space, and in real-time. Today's investment will help us make our technology as accessible and inclusive as possible."
GSV Ventures led the seed round to support international campus expansion and new educational offerings.
"The global demand for high quality online schooling is skyrocketing in the current climate. We are absolutely thrilled to be partnering with the GSV team, who have already added immense value to our business through their knowledge, connections and strategic guidance. We’re scaling up rapidly, and look forward to working with the GSV team to achieve our goal of becoming the largest and most impactful school on the planet"
The funding round was led by the Angel CoFund alongside a syndicate of experienced angel investors.
"Our vision is for any size company, in any sector, to have access to business-critical HR data. We aim to help all clients navigate some of the most difficult employment issues that they are facing today. Our experience has shown us that companies are ready and willing to address HR issues within their businesses, they just need to be armed with the insights to do it. Our platform can be instantly transformative to clients, as well as delivering material cost savings to businesses of all sizes. We are delighted to have such a strong, experienced and engaged syndicate of angel investors, as well as the Angel CoFund on board to help us capitalise on the huge growth we are seeing."
