Triple Point is a purpose-led investment manager based in London.
The funding round was led by Triple Point Ventures with backing from StartUp Health, Plug and Play Ventures, and YZR Capital.
"We’re incredibly excited to use this latest round of funding to empower even more people to take their healthcare into their own hands, by making diagnostic imaging accessible to everyone, everywhere."
The Series A round was led by Stage 2 Capital with participation from Samaipata and existing investors.
"Effective pre-employment screening and candidate vetting are critical considerations for business operations, compliance, and risk management. Yet, around the world, these processes are highly manual and often delayed, inaccurate, or incomplete."
Fred Olsen led the pre-Series A round, which will fund European expansion and new product development.
"Fred Olsen and Triple Point are a great match for Modo Energy – they share our big ambitions around net-zero and the massive potential of data within this sector. They’re also completely aligned with our mission – to help companies achieve huge success with their energy storage assets. We’re seeing more and more companies incorporate an Asset Success mindset into their business strategy – particularly the leading funds and investors in the energy storage space. Asset Success is all about data transparency – understanding markets and assets, forecasting what comes next, and bringing this all together to enable informed, high-quality decision-making."
Lightbird Ventures led the pre-seed round, which will fund team expansion as the company addresses strong demand from enterprise clients.
"We’re very excited to announce this new funding as we embark on the next stage of our growth journey. Having personally experienced the pains of designing and personalising countless sales assets and navigating complex buyer journeys throughout my career, I’m confident trumpet is the answer to these industry-wide problems. The platform provides salespeople with a no-code solution to create live, centralised and personalised microsites which can be used across the entire sales cycle. This seamless experience speeds up, and optimises buyer journeys whilst reducing the growing amount of admin salespeople are faced with. Covid-19 accelerated digital transformation like never before and we are well-positioned to provide the perfect tool to help stimulate a digital shift in B2B sales and the initial data coming out of the Beta is extremely exciting."
The seed round was led by Triple Point Ventures with backing from Portfolio Ventures and angel investors.
"We are excited to embark on the next stage of our journey with new funding. With this financial backing, we can expand our operations, build awareness about our product and develop new opportunities. Genuine evolution within this sector is long overdue. Historically, the treasury systems market has been focused on larger companies but now outdated legacy technology and a lack of innovation are limiting its potential. CDS is revolutionising the industry to remove technical complexity which will enable us to bring the benefits of modern treasury apps to a wider global market facing similar issues."
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