The artificial intelligence software platform has increased its credit facility to accelerate its buy and build strategy across Europe and North America.
"i80 Group has been a great partner, and this expansion reflects the performanceof our portfolio and the trust built between our teams,"
The investment from Brighton Park Capital and Nic Humphries accompanies a strategic partnership with Clearcare and a leadership transition.
"Our partnership with PCS reflects our confidence in the PCS vision. Together we will advance their transformation journey and accelerate technologies that will drive better outcomes for the future of care."
The seed round was co-led by Partech and Game Changers Ventures with participation from a broad group of high-profile backers.
"Beating your mates on FIFA is nothing like playing a Premier League football match. But racing a virtual Porsche around a digital Silverstone actually requires many of the same skills you need to excel on a real track. I’m living proof that it is possible to make the jump from amateur sim racing to professional driving. Track Titan was inspired by that experience; I wanted to unlock the insights and support available to pro-racers and make them accessible to the 190 million fans who race online and the 90 million drivers who race for fun in real life."
MTech Capital led the seed round with participation from Boost Capital Partners, D2 Fund, and Portfolio Ventures.
"In regulated industries, quality and scale have always been at odds. You can review everything and go broke, or cut corners and hope for the best. AI that actually works changes that equation by handling routine validation at scale while humans focus on the complex cases that need expert judgement."