Bank of America, BNY Mellon and Citi provided the latest strategic investment to support the low-code platform.
"This strategic support from Bank of America, BNY Mellon and Citi demonstrates their confidence in low-code as an accelerator for the next wave of IT innovation,"
The property agents backed Thirdfort to support product development and adopt the compliance platform.
"All estate agents are having to navigate the rapidly escalating AML regulations, with HMRC requesting more than just a simple PEP screen, yet legacy AML solutions do not cater to the new world of risk. We saw a huge opportunity to build the first platform that actually protected against money laundering, leveraging Open Banking and 12 third party KYC suppliers, packaged into a mobile app that turns seamless compliance into a competitive advantage."
Molten Ventures led the seed round for the London based sustainability startup, with backing from Norrsken and several angel investors.
"We’ve seen a big shift towards businesses embracing the ‘carbon accounting’ space. Whilst this is a helpful tailwind, inaccurate data sets and a resulting lack of granular calculation, leads to generic emission factors that can leave organisations open to charges of greenwashing. We, at Altruistiq, are focused on fiving businesses the data engineering tools to better understand their actual impact, whilst also enhancing their credibility on sustainability."
The extension round values the eldercare marketplace at £45m and will support national expansion and product development.
"COVID-19 has supercharged the move of the later living industry from offline to online, from the initial search process and how care seekers engage with later living communities, through to the adoption of digital care plans and new operational technologies"