Manchester-based venture capital firm that invests in early-stage, high-growth businesses across the UK with a focus on the North of England.
The investment will support Orka's plans to develop its recruitment platform for flexible workers.
"We have been growing at pace over the past four years with a vision to transform the sourcing, onboarding and payment experience for both employers and their employees, culminating in the ultimate infrastructure for hourly-paid workforces."
Praetura Ventures backed the Manchester retail technology start-up in a round earmarked for team expansion.
"As a team of former retailers, we’ve seen first-hand how the retail industry is advancing in many areas but falling behind when it comes to making data-driven decisions. We know how much potential there is for AI and machine learning to improve profits and reduce waste in retail, and we are thrilled to have Prateura join us on our mission to modernise merchandising and put data behind the important pricing and inventory decisions our users make every day."
The Manchester-based venture capital firm led the round to support product development and entry into new insurance sectors.
"This investment and our new partnership with Praetura Ventures is a powerful endorsement of our vision, our strategy and the solutions we are delivering to the insurance industry,"
The funding round was led by Praetura Ventures with participation from US institutions to support nationwide rollout and team expansion.
"The UK property market has been overdue an innovation like Coadjute for many years. The founders have developed something that will completely revolutionise how we buy houses in the UK and beyond. I am looking forward to supporting the outstanding team at Coadjute as they roll out and grow the network, and to helping them achieve their vision of a truly seamless property market"
Blackfinch Ventures and Praetura Ventures back WatchMyCompetitor in a £2m Series A round led by Pete Carway.
"As digital channels are now the main route to market for most sectors, this investment allows us to rapidly scale the business, helping even more WMC clients protect and grow their revenue."
