The investment, led by SaltPay, will support international expansion and headcount growth.
"Our vision is for Fanbase to unlock a huge amount of revenue for sports teams by making it easier to buy and engage with sports organisations outside of the top tier"
The funding will support equipment for upcoming trials and team expansion.
"Our hardware-based solution has none of the disadvantages of current systems and makes the addition of security a ‘no brainer’. The funding will help us to take the final step and bring it to market."
The pre-seed round was secured from 213 investors on Crowdcube to fund marketing and international expansion.
"Last month, we launched on CrowdCube and we managed to raise over £470,000 between 213 investors. Crowdfunding is essentially a platform where anybody can put money in and we have managed to secure just short of half a million."
The oversubscribed round drew backing from Remus Capital, Plug and Play, and Innovate UK alongside notable angel investors.
"We are very excited by the research and commercial potential of the Syndi Health platform. It will help us understand how better to support the mental health needs of our people and offer them the personalised digital support they need at the earliest opportunity, which is invaluable."