The funding round was backed by Social Capital, Oxford Capital and 7percent Ventures.
"As a successful former headhunter I was placing senior executives, and I saw exceptional employees leaving work to have a baby and struggling to get back in. Firms passed on perfect candidates because they were uncomfortable with bespoke arrangements. I knew things had to change, and I wanted to be the driver of that change. Employees aren't asking for anything revolutionary, just to be able to work in the way that's most efficient and productive for them. Flexibility enables people to maximise their energy and skills, and that's a huge benefit for employers once they realise it. The investment we've secured is a vote of confidence in something we already know is true."
The Series A round was led by Haibun Partners with backing from Neil MacDougall to accelerate growth in virtual and hybrid event solutions.
"From seeing 75% of our sales vanish in the 10 weeks leading up to April, it’s amazing to think that we’re now in a better position than we were pre-COVID."
The crowdfunding campaign drew participation from over 1,700 investors including Pierre Lagrange.
"We’re all about making it as easy as possible to put a big chunk of cash back in people’s pockets and want to make Snoop the most valuable app on everyone’s phone. We’ve made great strides since we launched in April and we’re thrilled with the support from customers in the crowdfund. We will now accelerate development of the platform, broaden our smart money-saving services and continue to scale the business."
The pre-seed round was backed by a private angel investor to support team growth and product development.
"The incredible thing about eSwapp users is, no two are the same. We’re not here to “match” people. We’re here to bring together Swappers and their valued skills and empower organisations to know in real time what skills are missing. Our three-layer mathematical model, developed by a former associate at Yale and Cambridge University, makes skill predictions to help organisations get ahead of the curve with strategic business decisions backed by smart data. This pre-seed round will go towards new hires, fine-tuning our product development, and a solid client acquisition and retention strategy."
