IW Capital backs healthcare provider GPDQ with £2.6m to support ongoing expansion.
"IW Capital is proud to invest in GPDQ as the company continues to expand. GPDQ is a market disruptor in the healthcare space. Its phenomenal growth, proven track record, strong client base and plans to maximise growth in the post-Covid world has impressed the team at IW Capital. We are committed to providing GPDQ with the capital to enable them to expand at pace and support them, particularly as there is a growing demand for healthcare services and resources since the pandemic."
FPE Capital led the investment to support international expansion and product development.
"Tom has built an impressive business that operates in a large and growing market, creating demonstrable ROI for its clients. There is strong chemistry between us, Tom and his team, so we are looking forward to supporting them achieve their exciting growth ambitions"
Phoenix Group joins existing backers Legal & General and Lloyds Banking Group to complete the Bristol-based firm's largest funding round to date.
"This additional investment from Phoenix Group, following our long-standing commercial relationship with its Standard Life business, is further testament to the growing possibilities the industry sees in Open Data, and the transformational role Moneyhub can play. We are delighted that Phoenix Group has chosen to go even further by investing in the business. With Consumer Duty and Pensions Dashboard driving the need to focus on consumer outcomes, the only answer is to work in a trusted data sharing approach with your customers."
The funding round was led by Moneta Venture Capital with participation from new and existing backers.
"We’re proud that Rest Less has become an essential and trusted resource for today’s digitally native midlifers. With a one million strong community, one in seventeen of all 50 to 70 year olds in the UK is now a Rest Less member."
