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MMC

MMC

Venture Capital

MMC is a venture capital firm with a consumer technology portfolio including Gousto and Bloom & Wild.


Recent investments

Seed
£1.5M

LocalGlobe and MMC Ventures backed the seed round to support the launch of its personalised menopause care application.

"At Vira, our vision is to fundamentally transform long term health and wellbeing for women. We believe better menopause care is the first step. Female health issues have historically been under-researched and under-invested, and this remains the case today. There is an opportunity to use technology to redress this balance by improving the collection and use of female data in healthcare. This first round of seed funding is a step towards realising our vision."
— Andrea Berchowitz, Co-founder & Chief Executive Officer
Series B
£50.0M

Target Global led the £50m Series B round to support product development and global expansion.

"The life insurance industry is ripe for transformation. For too many years, life insurance has focused solely on paying out a lump sum upon death. It is now time to reimagine the very nature of life insurance by putting ‘life’ first, and inspiring members to live their best lives every single day, using insurance as a tool to enhance their physical, mental and financial wellbeing,"
— Sammy Rubin, founder
Series B
£50.6M

The Series B round was co-led by Insight Partners and Dawn Capital to support platform innovation and hiring.

"When we launched Ably five years ago, we had a clear vision that realtime interactions would underpin rather than just augment our everyday digital experiences. Today, our most important daily and digital experiences happen in realtime. It’s business critical now, and organizations realize they must keep up and transform to remain relevant,"
— Matthew O'Riordan, CEO and Co-founder
Series A
£7.0M

The London-based financial technology firm has closed a Series A round co-led by Anthemis Group and MMC Ventures to support team growth and product expansion.

"Following a break-out 12 months in which we increased AUM by 10x, we wanted to bring in the best possible investment partners to support our ambitious growth plans. We have long admired both Anthemis Group and MMC, so I am delighted that they co-led the round and we are excited to work with Sean, Ollie and their respective teams, as we move into the next phase of our journey to redefine cash investment and front-office treasury."
— Kevin Cook, CEO
Series A
£7.3M

The Series A round was led by MMC Ventures and will support global expansion and product development.

"Insurers are increasingly embracing digital innovation, but there is still significant opportunity for further optimisation, particularly in the underwriting process. Our customers are already seeing significant benefits in using our technology to transform the traditional underwriting journey, and benefiting from higher conversion rates and improved underwriting outcomes"
— Luca Schnettler, Co-founder and CEO