Outward VC led the £5m round with participation from Triple Point Ventures and Kamet Ventures.
"Our mission is to help millions protect their financial future. We are passionate about advice, and we believe that everyone should have access to it. We can ensure that each person gets the protection that is right for them."
The seed financing was led by Lakestar and Outward VC to support international expansion and product development.
"Finding your costs are so much larger is shocking, but also something to be celebrated. These incremental costs were always there, they just weren’t exposed, and now you can identify those and bring about change. You can’t manage what you don’t measure."
The seed round was led by Outward with participation from ING Ventures and Triple Point Ventures.
"The key to delivering the best value for clients is to fully integrate data, security and operations in a single application through DataSecOps. This investment from leading venture capital firms, including one of our major banking clients, is a validation of what eXate has achieved to date and provides a solid foundation to bring the value of DataSecOps to a larger audience of data-driven organisations."
London Stock Exchange Group and other major backers join Series B round to support international growth and technology development.
"The COVID-19 pandemic demonstrated the effectiveness of the public markets, with companies recapitalising quickly and efficiently. Our technology has allowed thousands of retail investors to participate on equal terms with institutional investors, unlocking a large and important source of liquidity and long-term share ownership for corporate issuers. The response from Boards and their advisers to our solution has been excellent: they recognise our digital solution for retail inclusion brings together both good governance and best execution."