The seed financing was co-led by Insurtech Gateway and Mustard Seed Maze to support product expansion and the rollout of a new digital care ally.
"We believe there is no single systemic challenge more pressing or fascinating to solve for than our ageing population. We are thrilled to have secured funding that allows us to continue building the tools families need to meet their obligations of care for loved ones without sacrificing their health. With the formal announcement of Jose Ribeiro as Chairman of Yurtle, this is truly a mission to give others what we wish our family had access to in its time of need"
The equity portion of the round was led by Iberis Capital, with debt financing from SmartLenders Asset Management.
"The demand for workforce upskilling has never been greater. We’re on a mission to plug this gap across Europe while empowering individuals to level-up their careers. Our platform is currently over-subscribed so, with the new funds, we’re looking forward to helping as many people as possible embark on training courses to upskill. We aim to expand our coverage to build the workforce for the future, in particular in areas such as technology, AI and climate change."
The seed round was co-led by Giant Ventures and Armilar Venture Partners to support expansion into the UK and Europe.
"We are incredibly excited to have secured such high calibre investors and to have received the continued support of our existing investors, who all believe in our mission of removing barriers to education and empowering economic mobility. With StudentFinance, it takes an average of just four months for reskilled students to find more lucrative employment compared to the UK market average, where the majority of graduates only find employment up to 15 months on from completing their studies. The pandemic has only reinforced the need for solutions that enable people to access quality education to secure employment opportunities and we are making it a reality."
The seed round was led by Cavalry Ventures with participation from Seedcamp, Mustard Seed Maze, and Amaranthine.
"Most fast-scaling companies turn to the Big Four accounting firms to outsource the handling of accelerating international tax complexity, denying themselves the opportunity to empower their internal functions and capture strategic tax data value. Loc.tax provides a collaborative platform that makes tax teams in hyper-growth mode stay on top of the ever-changing international tax, risk and compliance workloads, while enabling transparency with internal and externalstakeholders, including auditors and tax authorities. We are delighted to have the support of well-respected investors on our mission."