The funding round was led by Maven Capital Partners and will support the expansion of the company digital workplace platform.
"Oak is an amazing product with tremendous potential. It enables organisations to engage their employees including deskless workers and provides a range of internal communications tools that integrate seamlessly with office applications. We are thankful for the great funding partners we have in Maven, NorthStar Ventures and Finance Durham and look forward to working with them as Oak scales"
The investment was provided by Sam Patel of Day Lewis to support the expansion of the digital redbook application.
"We are delighted to be supporting Team Nurturey. As parents ourselves, we really connect with the digital redbook concept to make parents’ lives easier and to improve health outcomes for children. We’re thrilled to be part of Nurturey’s journey and look forward to seeing the positive impact Nurturey will have on the lives of children."
The latest private funding brings the company total past £5m and values the business at £23m.
"With our inaugural banking and airline partners confirmed, and unwavering interest from hotels around the world to join our platform, this new capital will help us fully release the commercial potential of Upgrade Pack in 2020 and beyond. Alongside launch, our near-term focus will be on expanding our APAC commercial and marketing teams in Singapore and opening our North American operation in Toronto."
Notion Capital led the follow-on investment round, backed by existing supporters including M12 and Nationwide.
"We are incredibly excited to be part of this funding round in Hazy. We believe that synthetic data will open a world of opportunities for large enterprises to use their data, extract insights and train their models among others, without compromising their customers’ information."
