The investment round was led by AlbionVC, with participation from Downing Ventures and Unilever Ventures.
"There is an opportunity for brands to transform their customer service by leveraging the power of the crowd. Creating a customer community which engages and rewards customers for helping other customers is the future – it is better, faster and cheaper. However, executing this at scale needs a rare combination of tech savvy and deep domain expertise – which Team Limitless have in spades from the previous business they built. We are proud to support Roger and Megan achieve their exciting vision."
Rosslyn Data Technologies has secured a £1.5m debt facility from Clydesdale Bank to refinance debt from its previous acquisition and support working capital.
"I am delighted that we have been able to replace our existing debt with a facility from Clydesdale Bank, which I believe demonstrates confidence in Rosslyn as a maturing business as it prepares for future growth."
The funding will support five new hires in Wigan and further product development.
"Warehousing and logistics businesses will usually have full visibility of where and how well utilised all their vehicles are. They will also know exactly where all their inventory is, it's value and stock-turn. However, when it comes to one of their biggest operating expenditure; people, they have little to no information. How well utilised are they? How well balanced across teams and departments are they? What processes are stopping them from achieving their potential? Who needs additional training? In times of constrained labour supply, likely to become more acute with Brexit, retaining, training, incentivising and measuring staff fairly are not luxuries – they are essential. Vitesse is a cloud-based, easy to deploy solution that helps businesses grapple with these issues, improve profitability and treat people fairly."
The financing round was led by NEA with support from Oxford Capital and Episode 1 Ventures.
"Businesses are constantly seeking new ways to understand trends, grow in new markets, and explore innovations – however 99% of the questions businesses would love to explore go unanswered. Attest is designed to solve that, replacing the guesswork with facts, for all consumer businesses everywhere."
The London-based simulation technology firm secured backing from Barclays, Graphene Ventures, and Gauss Ventures to drive talent acquisition and product growth.
"Simudyne technology is proven to help banks solve challenges such as understanding market contagion, stress testing and simulating market execution"