An investment firm managing various funds including the Midlands Engine Investment Fund and EIS funds.
The funding round was backed by Mercia and Foresight through the Midlands Engine Investment Fund alongside private investors.
"The world of work is changing, with many people working remotely and using video calls or emails to communicate. WorkBuzz helps companies to navigate these challenges and build great cultures. Our vision is to improve the working lives of 1 million people, and this investment round will help us to make it happen sooner."
Beringea and Mercia backed the Series A round to support international growth and product development.
"It is not often that you meet a founding team that has advised heads of state alongside Facebook and Google: in Vidhya and Ross, we are working with entrepreneurs that provide world-leading perspectives on the global trends shaping the future of online threats. As Moonshot scales its presence in Washington D.C., Beringea will be working closely with the team to leverage our transatlantic footprint and build an international success story together."
The seed investment from Mercia and private backers will fund product finalisation and commercial launch.
"I have spent my working life involved in developing products to improve total knee surgery. It is exciting to be part of a small med tech start up with a big vision to deliver accessible innovation to improve patient outcome for total knee patients across the globe."
The seed follow-on round was co-led by 24Haymarket and Mercia to expand market reach.
"Our technology provided the perfect way to facilitate secure home-working for key organisations at a critical time using our ‘Gatekeeper for Office 365’ remote working solution. Since then, we have applied the same concepts and technology to protect numerous other applications for large organisations, from remote working solutions to securing cloud computing and handling highly sensitive information."
The haulage recruitment specialist has raised £300k from Mercia and chairman Keverne Watt to fund expansion.
"The pandemic has had a major impact on supply chains and the haulage industry. By improving efficiency and enabling them to recruit drivers remotely, our platform has helped firms to keep going in these uncertain times. With continued pressure on costs, it is all the more important for operators to minimise unnecessary expenses like recruitment fees to enable them to maintain profits and improve drivers’ wages."
