The seed round was backed by private individuals and family offices including Michael Spencer.
"DDCM is delighted to have closed its initial seed funding, drawing equity capital from a small group of the highest quality, well informed, independent and relevant individuals and family offices."
— Charlie Berman, Co-Founder and Chief Executive Officer
Apadmi Ventures has backed the childcare platform to support its expansion into Manchester.
"Tracey’s created a solution to a very real problem – the childcare crisis – and it’s been fantastic to work in partnership with her and the rest of the Student Nannies team. We get a lot of entrepreneurs approach us for investment, but her drive and ambition really stood out to us."
The investment was led by NVM Private Equity and will fund product development.
"Tutorful started with a simple mission: to radically improve the quality and accessibility of private tutoring throughout the UK, and since 2015, we’ve already helped over 100,000 parents and students achieve their goals. This investment and support by NVM will help us accelerate our product innovation, particularly our online platform, to help us reach an even greater number of parents."
The London-based education platform has raised Series A backing from Brighteye Ventures to expand its footprint.
"UK schools are under an immense amount of financial pressure right now, that's why we're committed to cutting down supply cover costs significantly so they can spend more on what matters – the children- not on agency fees,"
The car subscription platform has raised capital from the Development Bank of Wales, US investors, and UK angels to accelerate growth.
"The Development Bank of Wales is a major part of the landscape of assistance we are able to offer businesses and has swiftly become one of the largest equity investors in the UK."