The Leicester software firm has raised a further £1.3m from the MEIF Proof of Concept and Early Stage Fund, Mercia EIS Funds and angels.
"This investment is key to the next level of growth within our business. The next 12 months are going to be very exciting, seeing us reach other markets and geographies with a product that is always innovating for the good of our customers."
The seed round was co-led by Eurazeo and Stride with backing from institutional and angel investors.
"Previously, businesses had to hire credit control specialists or give extra tasks to existing members of their team to manually monitor the payment dynamics of customers. An employee had to identify late payers, then prioritize, contact and follow up with individual clients to ensure late payments were received. This was not only time-consuming but also stressful for business owners and often prone to errors,"
Digital Horizon led the Series A round for the financial stability platform, with participation from Ascension Ventures and the UK government.
"This investment allows us to create financial stability for 100s of thousands more customers in the UK. We will offer more products to eliminate financial stress for our customers and partners."
The investment was led by Octopus Ventures with backing from Maven Capital Partners to build out digital private markets infrastructure.
"With investor demand at an all-time high, there is a lot of noise around how institutions overcome the traditional barriers to private markets. We’ve taken a different approach, creating white-labelled technology that acts as the digital building blocks on which firms can scale their propositions. The growth funding from Octopus Ventures validates this approach and strengthens our plan of stimulating greater connectivity between financial institutions, capital raisers and investors."
The seed round will fund content creation, team expansion, and international growth.
"We’ve moved quickly since the inception of Your Juno amid the pandemic, testament to the appetite for a financial education platform built by and for women and non-binary people. It was important for us to ensure our investors reflected our users and so we’re happy to have a strongly female, racially diverse group of investors and advisors who understand our community and can help us in this next stage of our growth"