The London-based financial modelling startup has raised $20m from Coatue, Accel, and prominent angel investors to scale its team and product.
"Despite being used every day across the globe, spreadsheets haven't fundamentally evolved over the past 40 years. Spreadsheet models are hard to build and maintain, disconnected from the rest of a company's tech stack, and actively hinder collaboration across teams. We're building a next-generation tool to solve these problems, and are delighted that Coatue and Accel have led our Series A to take the company into the next stage of growth."
The legal tech startup has closed a seed round led by Pragmatech Ventures to fund international expansion and product development.
"The legal review market has moved away from simple data extraction, to solutions that provide end-to-end support of the entire legal review process. AI has moved up the value chain in legal, and users just don't want to use pre-trained, customized AI, due to the time it takes to train those models and the cost involved in doing that. Larger transfer learning-based models, like Della's, are replacing those legacy solutions, and we are enabling lawyers to use AI to help with more and more complex tasks."
The pre-seed round was backed by Haatch Ventures, SyndicateRoom, and Alma Angels.
"Slip has created a frictionless experience for retailers and their customers which allows retailers to capture in-store data, with an app for customers’ digital receipts. With our background in retail and e-commerce, we are brilliantly placed to provide hands-on support to Slip. We are thrilled to be backing Tash and Eddy at the start of their growth journey and very much look forward to working with them."
The seed financing was provided by angel investors to fund product development and team expansion.
"Versori is a really exciting group of technology solutions that address the increasing problems in their respective markets. We aim to build and provide mission-critical software and platforms to our customers. Switchboard changes the way any scale business integrates and manages business systems and workflows, while Koja tackles the huge problems that the payment industry faces with a fresh commerce first approach to financial transactions. We can’t wait to grow the business with our amazing founding team and customers who were lucky enough to get to the front of the waitlist!"
