onHand raises £1m in pre-A funding led by NorthStar Ventures to fuel growth
The round was led by NorthStar Ventures with backing from Shazam co-founder Dhiraj Mukherjee and UK Research and Innovation.
onHand operates an on-demand volunteering application that connects corporate employees with local charitable causes and community support tasks.
London-based wellbeing platform onHand has secured £1m in a pre-A funding round. The investment was led by NorthStar Ventures, with participation from Shazam co-founder Dhiraj Mukherjee, UK Research and Innovation, and existing backers.
The capital will be used to support company growth, develop the technology platform, and expand operations across the United Kingdom. The application matches corporate staff with local and remote activities such as elderly support, mentoring, and environmental clean-ups.
Set up in collaboration with several major charities, the service aims to help businesses engage staff and improve wellbeing through structured community action.
Investor perspective
"NorthStar believes that the next innovation wave is about impact at scale. In the UK alone there are up to 20 Million potential volunteers, 10 Million care recipients and millions more young people, homeless and eco projects urgently needing support. onHand is the first cloud platform to enable volunteers and those needing support to be matched via an app, using geolocation, security checks, and machine learning to deliver the best experience to both sides at scale. Employers know that volunteering improves the satisfaction and ultimately the productivity of their employees, and thus are key partners in onHand’s rapid UK expansion. We are excited to become an early investor in onHand’s journey"
Dominic Endicott
NorthStar Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets