The digital wealth manager has raised £35m from a syndicate led by Fidelity International Strategic Ventures to expand its product range.
"Our mission is to help people build wealth with confidence so they can enjoy life today and tomorrow. This new round of investment enables us to create even better services to help our customers succeed across their home-buying, retirement, savings and investing missions. By continuing to focus on the large and under-served mass market we believe we are on a path to create the UK’s category-defining wealth platform. We celebrate this moment with deep gratitude for our amazing team, our loyal customers, and our supportive investors."
IVP led the Series B round to support international growth and product development.
"SEON is bringing something different to the fraud prevention market by offering an accessible and flexible solution, which delivers instant results. Once discovered, our solution can be trialed by potential customers in less than 30 seconds and up and running in less than a day,"
The seed round was led by PactVC with backing from prominent figures in the food delivery and real estate sectors.
"In a world where we take Ubers and watch Netflix, we’ve accepted cooking as the norm for too long. Building on the success of food delivery apps, we are introducing a step change in how we eat. We transform high-order-volume restaurants into delivery powerhouses by making it very easy for them to scale through our satellite kitchen network. With technology and data at their fingertips, our restaurant partners are becoming fully delivery optimised, providing a consistent, affordable experience to their customers, in a sustainable way and in an environment where employees actually want to come to work,"
The Bristol based cloud robotics specialist raised the capital from backers including Legal & General Capital and Equinor Ventures to support its global growth plans.
"We’re delighted to have gained the support of some of the industry’s leading businesses and investors to help us execute on our vision – to change the way we conduct over the horizon robotic operations. In doing so, we will not only help the marine industries become safer and more profitable, but will make the investment case for the energy transition more attractive, accelerating the journey to net zero."
