Alliance Fund Managers is the FCA regulated fund management subsidiary of MSIF that manages various funds to deliver financing to small and medium enterprises.
The investment round was led by Alliance Fund Managers with participation from the Development Bank of Wales.
"We’ve worked hard over the last few years to develop Tahdah as a secure online feature-packed management system that can be tailored to meet the bespoke needs of our customer base."
The Liverpool based EdTech firm secured the capital from MSIF's Merseyside Loan and Equity Fund to drive national expansion.
"Our innovations and technology are what allow us to support our teachers and schools. It facilitates and allows us to create an ethical alternative to traditional agencies. SupplyWell is creating something special, and we are serious about the problems that we are solving in education."
The funding round was led by Triple Point, Cass Entrepreneurship Fund, and Alliance Fund Managers to support international expansion and platform growth.
"Every young person deserves equal access to opportunities with amazing employers and universities and the guidance to make informed decisions. Too often this is dependent on the school you attend or the professional network you can tap into. Springpod democratises access to top organisations and provides students with the toolset to explore, prepare for and secure their dream next step, from age 13-24."