The seed round was led by Fuel Ventures to support the company in scaling its e-commerce technology platform.
"During the pandemic, we have seen interiors become the new fashion, with people investing in their homes instead of their clothes. The growth in demand is astonishing and shows no sign of slowing. This investment from Fuel Ventures, marks the next step in our journey to scale and help other ecommerce brands to do the same."
Target Global led the £50m Series B round to support product development and global expansion.
"The life insurance industry is ripe for transformation. For too many years, life insurance has focused solely on paying out a lump sum upon death. It is now time to reimagine the very nature of life insurance by putting ‘life’ first, and inspiring members to live their best lives every single day, using insurance as a tool to enhance their physical, mental and financial wellbeing,"
The seed follow on round was led by NFX with participation from existing investors.
"We see NFX's investment in Collective as a major vote of confidence in our ability to solve the protection gap problem for tens of millions of independent workers across the UK and Europe."
The games industry legends have backed the experiential learning platform to support its American expansion.
"This investment is a phenomenal endorsement for what we are doing. The Oliver Twins have been making entertainment games for nearly 40 years, having founded Blitz Games and Radiant Worlds. Their input and experience will help bring traditional gaming experience to the serious games sector."