A Dublin headquartered firm with six unicorns in its portfolio including Vanta and LangChain.
The London fintech startup secured backing from Forward Partners, Frontline Ventures, and JamJar Investments to support its growth.
"Combining accounting and banking into one single product simplifies running your business. It saves time and takes away the pain and hassle of tax and compliance."
The series B round was led by GMG Ventures and includes participation from MMC Ventures, Frontline, and Kreos Capital.
"We have a system that’s constantly evolving and getting smarter and more intuitive for our customers as they use it. Most businesses above a certain size already have a business intelligence tool that enables them to analyse their internal data in considerable depth. Our objective is to provide senior leaders with as much clarity and transparency about what’s happening outside of their organisation as they have inside it."
The Series A round was co-led by MMC and Hearst Ventures with participation from Frontline Ventures, Reed Elsevier Ventures, and Local Globe.
"Signal is one of the most promising companies in UK tech, and David and Miguel’s drive and vision has attracted some of the top AI talent in Europe. The company has grown incredibly quickly by solving real business problems using cutting-edge technology. Its impressive list of clients demonstrates the value of Signal’s product and we think the team can build the next big global information business."
