Earlybird is a European venture capital investor focused on technology companies across early-stage, growth, and expansion stages. The firm manages over €2bn across multiple funds, investing in enterprise software, deep tech, and fintech.
Earlybird and LocalGlobe backed the London startup to help businesses build custom operational software.
"stock ordering and inventory management for medication at scale wasn't solved by any off the shelf options. Like all good ops we started with a bunch of spreadsheets and a bit of app script, but it became clear that this wouldn't offer the robustness, security and level of integration we needed. We looked for a platform that we could build upon but it didn't exist, so the only option was to assemble an ops engineering team of backend and frontend developers."
The round was led by Balderton Capital with backing from TQ Ventures, Earlybird, and Seedcamp.
"Tilt has an incredibly exciting journey ahead. We are thrilled to have the backing of the exceptional team at Balderton Capital, along with our existing investors in this round. This support will enable us to scale the Tilt platform, expand the team, and deepen our engagement with our growing community,"
The seed round was led by LocalGlobe and Earlybird and will be used to fuel expansion.
"We have seen many automations in the back-end, but the knowledge worker still sits for hours on the computer, doing repetitive and non-rewarding work"
The seed round was co-led by CRV and Earlybird to support team expansion and new banking integrations.
"We literally watched them use a spreadsheet with one hand to count payments and cash with a bank file on the other hand to manually send money to their customers. It was both inefficient and antiquated. Once we saw the problem, we knew there had to be a better way and became determined to create it."
