The funding round attracted strong support from angel investors and industry experts despite market turmoil.
Angel Academe
AngelAngel Academe is an angel investor network backing technology startups.
Recent investments
Angel Academe backs Dem Dx in its latest funding round.
Angel Academe members join existing and new investors to back the female-founded fintech.
Several members of the Angel Academe network backed the company following an April pitch event.
"We are thrilled to have had the opportunity to pitch to such a sophisticated group of angel investors"
£600K
The seed round was backed by Cambridge Angels, Angel Academe, Syndicate Room, and Founders Factory, with Alex Hirsch leading the investment.
"The idea for Scale XP came when – particularly once the pandemic hit – we identified a huge demand among the small business community for an easy-to-use tool that can support them on their growth journey. We wanted to give them an easier way to oversee their business performance, holistically, so that they can thrive. I’m delighted by the huge interest and support from the VC community and female founder networks like Angel Academe to help us realise this mission. It’s fantastic to have Alex on the Advisory Board to help us scale the business quickly."