The pre-seed round was backed by EHE Ventures, Insurtech Gateway, and QVentures to fund product development and hiring.
"Marine weather errors cost the industry over £1.2 billion a year and that figure’s growing. A single bad forecast can halt operations, with each idle vessel costing £100K–£700K per day depending on asset class, project stage, and insurance liabilities. We’re solving that with precision forecasting that adapts to local conditions in real-time."
The investment round includes participation from Souter Investments, Lanza techVentures and Scottish Enterprise.
"Approov is a leading innovator in mobile app and API security with proven applications in multiple target sectors. With their strong IP and the growing demand for API-level defences across the industry, the business is uniquely positioned to lead this next era of mobile security. We look forward to working with Ted and the team to drive the business forward at such an exciting point in the company’s growth journey."
The seed round was led by REA Group and will support nationwide expansion and product development.
"This investment marks a huge moment for Jitty. We’ve seen fantastic growth since launch, and this funding lets us accelerate our rollout, expand our partnerships, and double down on our mission to build the future home-buying experience. We’re thrilled to welcome REA Group as partners; their global expertise and commitment to innovation will be invaluable as we scale."