Outward is a London-headquartered early-stage venture capital fund that partners with founders by leading their first institutional funding round.
The funding round was backed by investors including Ananda Impact Ventures and Brighteye Ventures to support the launch of a new entrepreneurial MBA.
"Following a successful fundraise of £8.25 million, we are hugely excited to launch our new MBA programme, which is just the first step in creating a broader education system around entrepreneurship."
The oversubscribed round was backed by Outward, Acrobator Ventures, s16vc founders fund, and B&Y Venture Partners.
"When we started this fundraise the market was just starting to go through a rough spot, so there was a lot of talk about negative sentiment. However, what we found is that there is a significant amount of venture capital out there. Funds have been raised and need to be deployed, investors are just more selective. Our industry is counter-cyclical and we designed our business to grow in a sustainable way, with positive unit economics and a clear path to profitability in mind. The current macro trend has played to our strengths and allowed us to select amazing partners for the journey ahead! We are very grateful to all of our new investors and are excited to build out the next stage of Finverity’s growth in partnership with them!"
The seed round was co-led by Axeleo Capital and Outward to finance home purchases and platform development.
AlbionVC led the Series B round to fund the digital health platform's expansion into the American market.
"We’re on a mission to become a household name across the world and our Series B funding is just the start. We already dominate Europe’s employer-funded gender-based healthcare market. With our growing team in the US and numerous big brands already choosing Peppy, we will soon be a leading player in America."
The seed round was led by Outward VC to support the company as it scales its property sales platform.
"The current status quo is broken, and there is a new generation of sellers, agents, and buyers who demand more transparency, efficiency, and yes, more money. We're combining our technology, data capabilities, and unrivalled industry expertise to build a new system from the ground-up"
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