Fintel backed the early-stage technology company via its Fintel Labs vehicle.
"Plannr represents the best of modern thinking and cutting-edge development. The technology has been designed by advisers and crafted by the skilled developers at Plannr to be beautifully intuitive, easy to use, and infinitely scalable. Plannr’s powerful CRM capability has the potential to unlock important efficiencies, streamlining the advice journey and improving suitability for consumers. We look forward to delivering better outcomes for everyone."
The Imperial College spinout received the funding in partnership with Unit9 to prepare for NHS trials.
"Innovate UK's grant is vital to the next stage of our development as we believe our neurotechnology can be a valuable tool for the under-resourced stroke rehabilitation market. We have developed a way to decode brainwaves from the motor cortex with a wearable headset that links with virtual reality games to increase patient engagement and encourage the repetitive limb movements required for rehabilitation."
"Manchester has always been a city of passion, ambition, and innovation. As someone with strong links to the city and its people, I am thrilled to be part of a new investment opportunity with DeliveryApp, a business that really embodies these values."
The funding round was led by Maven Capital Partners and will support product development and marketing.
"Maven is delighted to maintain its support for iAM following the company’s consistent commercial growth in recent years. We’ve been impressed by the ambition and drive demonstrated by the management team, as well as the strong performance of both business units in developing compelling propositions and ensuring customer retention. Furthermore, we acknowledge the immense value within the sectors iAM’s divisions operate, which are currently undergoing substantial growth and witnessing robust merger and acquisition activity. This additional investment will enable iAM to further expand its client offering and achieve significant revenue scaling."