Portfolio
4
companies
Lateral
Lateral offers health and wealth products designed for people over 60.
Previse
Previse uses artificial intelligence to help small businesses overcome late payment challenges.
Tide
Tide provides digital banking services for small businesses.
Zopa
Zopa provides digital banking services, loans, and savings products to consumers.
The seed round was led by Augmentum to fund the launch of the Lateral Health Plan.
"We’re on a mission to empower over 60s to live well for longer, helping them navigate the complicated world of retirement by offering them an affordable range of products expertly created just for them."
Apax Digital led the oversubscribed round, which values the business at over $650m.
"Partnering with Apax Digital validates Tide’s potential to continue our growth trajectory and gain traction in global markets."
The internal fundraise was led by IAG Silverstripe with participation from existing investors to support ongoing growth.
The Series A round was led by Augmentum with participation from Bessemer Venture Partners and Hambro Perks.
"Failing to pay on time for the goods and services is not only morally wrong, it makes no commercial sense."
