The Manchester worker tech start-up secured a mix of debt and equity financing to double its headcount and grow Orka Pay.
"Four years ago we set out to transform the experience of hourly paid workers, who make up 85% of the global workforce. What we’re doing is unique in this sector, and thanks to this funding, we’ll be able to reach many more businesses and their employees in the coming year – and improve the service that we can offer them."
The pre-seed round was led by Techstart Ventures to support team growth and product development.
"The digital economy is 22% of global GDP and yet it’s an inside joke that software and IT projects often overrun. Studies have shown that two-thirds of projects have planning failures. That’s a trillion dollar collective failure of our industry."
The seed follow on round was led by Nick Kuenssberg and Sir Rod Aldridge to support recruitment and commercial expansion.
"Mental and physical illness does not discriminate. Each one of us is touched by it at some point in our lives and the current pandemic has exacerbated this situation. The innovative technology developed by Frog which is a free, online resource, uses the power of video to encourage taking the first step in seeking early support – providing a bridge between citizen and service provider."