YFM Equity Partners backed the cloud software provider in its first institutional funding round.
"the AutomatePro team has built a world class SaaS product that’s delivering significant value to some of the largest and most complex organisations. Intelligent automated testing is a key feature of DevOps best practice and has become a necessity for organisations looking to maximise value from their IT infrastructure and IT talent. We are really bullish on investing further in software and services business enabling DevOps, and the great teams we are backing are benefiting from being part of a group of high growth business in this space with the common support of YFM."
The seed round was led by Fuel Ventures to support international expansion and team growth.
"In order for hotels to win in the new world of travel, they will need powerful solutions that work in their favour, and not against them. Existing tech is too expensive, too fragmented and not cut out for the modern world."
The Manchester customer rewards platform secured backing to build out its workforce following product-market fit.
"DSW have been incredibly generous and supportive with their time and advice since we founded the business. As a result, we have been able to hold off raising until we found our product market fit, and felt that DSW, along with our co-angel investors, were exactly the right combination to execute our growth plans. We’re excited to take Propello forward with their backing, with significant investment already underway in both the platform and team."
The seed round was led by Fuel Ventures to support team growth and product expansion.
"Deciding to invest into Brizy was easy. They have a world-class product, have a proven track record and business model, a strong team of founders and an exciting lineup of products in the pipeline. Even with the recent slowdown of VC activity we felt confident that Brizy will take the website builder market by storm!"
The financing was co-led by Radical Ventures and Temasek to fuel expansion in the United States.
"The next generation of software won’t run on code, it will run on models fueled by training data. We let our clients easily turn human knowledge into AI models, improving the safety and accuracy of AI. This is incredibly powerful, and in the right hands, can literally save lives. If we want to build software that tackles unsolved frontiers in human health, or our climate, this is the only way"
