Episode 1 is a venture capital fund formed by experienced entrepreneurs and operators that invests in early stage business to business software companies.
Episode 1, MMC Ventures and NHN Ventures backed the mobile authentication platform as it exits stealth mode.
"Digital identity is an important investment theme for us and the key to unlocking the next leg of growth for the digital economy. The kind of frictionless authentication the founders have delivered is pretty close to magic. When a team, an idea and a solution come together at the same time – that’s what being a VC is all about"
The Series A round was backed by Episode 1, Playfair Capital, and Truesight Ventures, alongside an undisclosed lead investor.
"While talent is evenly distributed around the world, for too long, opportunities have not been. I have experienced first hand the challenge of hiring globally. When I was a CEO attempting to grow a team across different jurisdictions I was dismayed by the baroque complexity and lack of affordable tech-driven solutions."
The funding round was led by Episode 1 and will support international expansion into 160 countries.
"In the past relocation agents were incredibly expensive and time-consuming, involved limited choices, lots of travelling back and forth to view properties and visit banks, and was an extremely fragmented experience. Perchpeek’s technology is a game-changer for most companies who can now offer high quality, affordable relocation support to employees of any level wanting to move to any country or city in the world."
The funding round was led by Episode 1 Ventures to support hospital expansion.
"As a surgeon, I have all too often been delayed by items like lightbulbs in the theatre being broken, faulty equipment or not having the right stock when I need it. We founded MediShout to stop such frustrating issues from getting in the way of patient care. Our ultimate vision is to use AI and digital technologies to transform our hospitals into smart-buildings that run smoothly."
The Series A round was led by Stride with participation from Hearst Ventures and existing backers.
"Not only has the global pandemic provided the catalyst for a mass shift into multi-channel commerce over the next five years, but there is a real D2C revolution happening. Thousands of young D2C businesses are bypassing conventional retail channels to engage directly with consumers."
