The investment round was led by FoundersX with participation from Founders Factory, Y Combinator, and Plug and Play Ventures.
"This is a massive achievement for us. When we came to market 2 years ago we were probably the only technology company talking about fairness and diversity. Fairness has been our core purpose from day one, it’s in our DNA, and we are so grateful to our investors and clients who saw how important our message was. For me this represents an investment in diversity, not just our company. This latest round will allow us to grow our capability in our core markets, levelling the playing field and breaking the cycle of exclusion that still chronically prevalent in the world of work. It is also a huge vote of confidence in the team who have worked so hard over the past 2 years to bring our purpose to life."
The financing will support team growth and technology development following the platform rollout earlier this year.
"I am delighted to announce this funding round which will help us accelerate our launch plans, firmly establishing Careology in the market. Careology helps those affected by cancer feel supported and achieve the best possible outcome, with wide ranging benefits for healthcare providers and medical insurance companies."
The e-commerce platform secured backing from GMCA, DSW Angels, and management to accelerate global growth.
"Shopblocks offers much greater flexibility than other platforms which rely on standard templates. Our technology allows users to achieve a 'custom-built' look at a fraction of the cost. As more people discover the benefits, we are continuing to win customers from the bigger platforms. This latest funding round will support us in our mission to become the leading website platform in the UK and build our presence worldwide."