The Series B round was led by General Catalyst and Stripe.
"We’re excited to work with our new partners General Catalyst, Stripe, Target Global, IGNIA, and others, who today join our earlier investors including seed and series A lead TaL Capital. This marks a critical inflection point in our evolution as a company and at a time when market demand for our fintech-as-a-service platform approach is accelerating"
General Motors acquired a 35% stake in the technology company as part of a round that values the business at $275m.
"This strategic partnership with GM represents a major step forward for wejo and puts us at the forefront of the connected car revolution. It’s a statement of intent from one of the biggest car manufacturers in the world. Connected car data is of enormous value, not least to drivers who will be able to use it to unlock an evolving number of benefits, whether that’s cheaper insurance and fuel or a place to park."
The funding round was led by Downing Ventures with participation from existing investors BGF and Beringea.
"At Firefly, our ambition is to supercharge the school experience, so every student can reach their potential. This investment will enable us to move more quickly towards empowering teachers, students and parents, adding to the hundreds of thousands using the tool every day."
The strategic investment was led by Accel-KKR alongside existing backer Scottish Equity Partners.
"This is a very exciting time for Peppermint. The backing of both Accel-KKR and SEP reinforces that our innovative approach to transforming legal services through technology fundamentally sets us apart in the industry."