The seed round was led by Pink Salt Ventures and Founders Factory to help scale production and expand the team.
"My doctor didn’t identify the early symptoms of perimenopause. I didn’t fit the profile. I was ‘too young’ and still having a regular cycle. I was advised to take ‘time out’ to address exhaustion and upweight my vitamin intake. My experience isn’t unusual. Menopause simply isn’t well enough understood or researched. It is presented as an end-of-life category when it should be a midlife empowerment category."
Passion Capital led the pre-seed round, which will fund team expansion and platform scaling.
"We’re thrilled to be partnering with Sugar and working with the team. Flexible, quick and efficient financing for games studios and apps developers makes a lot of sense. There’s an opportunity here to make these ecosystems thrive and Sugar will provide the platform to help drive that innovation along with the ambition to become a world-leading financing provider"
The fintech firm raised the capital via an equity token offering to support product development and the rollout of its Wealth Card.
"Banks are and have always been so conservative, and they don’t mix with technology as they should. We are developing and merging cutting edge technology to provide the next generation of banking for people. A single platform where your money is always invested and working for you, while being instantly accessible for your daily needs."
The Series F round was backed by Perwyn and BGF, valuing the recipe box firm at over US$1bn.
"Achieving tech unicorn status and joining the ranks of those elite companies that have attained a billion dollar valuation is a proud moment for the entire Gousto team and all of our shareholders but we are still only just getting started. The market opportunity ahead of us is vast, as changes in consumer behaviour drive permanent change through the entire grocery market."
