Maven Capital Partners led the Series A round with participation from Scottish Enterprise and existing backers.
"This investment is a game changer for us and really sets us up for our next big phase of growth. We have always taken a test and learn approach to our investments in growth and that has not only kept us in control of our destiny as shareholders but has carried us through some of the most testing times for businesses that we have ever seen. I am excited that in partnership with Maven we will be able to accelerate our growth and capitalise on the massive market opportunity"
Octopus Ventures led the Series A round to support product development and international expansion.
"We have come a long way as a company with phenomenal progress in the last two years taking the company far beyond its original sync-based business. We now provide the backbone for any modern media company, encompassing every part of their software requirements. We are excited to be working with Octopus with their focus and commitment on a long-term strategy in the company, funding not only this current round but also building further finance rounds as music, media and broadcast growth continues to explode, presenting a wealth of opportunities"
The financing round was led by Next47 with participation from Partech, pushing the company valuation to $100m.
"This new investment fuels the scaling of Blink’s all-in-one employee retention platform in the midst of a global recruitment crisis. As labour shortages hit industries with historically high staff turnover, such as healthcare, it’s clear that wages aren’t the only factor driving employees away. Using Blink has become a competitive advantage in the battle for talent, with organizations using the app to attract and retain their frontline workforce."
Blackfinch Ventures led the Series A round to support product development and company growth.
"Every company has its own unique set of safety challenges. Interventions such as training and processes only go so far to improve safety. We’re helping companies uncover and understand the underlying influences of unsafe actions and provide the resources to help them change those behaviours."
The investment will support expansion in the United States and the ongoing development of the company data platform.
"The whole team is excited to take the next step to further support organisations in driving value from their data, so that they can achieve their business goals. The investment from Octopus Ventures is a fantastic affirmation of the scale of impact we’ve been able to deliver to our customers. We look forward to working with Octopus to further develop our product and expand into new markets."
