6th July 2020
Playfair Capital backed Heka (previously GoSweat), confirms the launch of its new website and benefits platform on the 24th of June. Fit for the Covid-19 era and beyond, the all-new platform features an improved user and HR experience.
The company recently completed its pre-seed funding round. Exceeding their target of £750,000, and successfully raising £1 million within two months of starting their raise.
The round was led by Playfair Capital with participants including experienced Angels, ex-professional athletes, mental health experts, as well as the founders of Thomson’s Online Benefits.
3rd July 2020
Willa, the fintech startup dedicated to helping freelancers get paid on time without the associated admin and hassle, has raised a $3 million seed round led by the EQT Ventures fund. With the investment, Willa is set to launch Willa Pay to provide its community of creative freelancers with an easier way to get paid with no paperwork or risk. The Willa team is on a mission to ensure these creative communities can optimise their working conditions, spend less time on paperwork and - most importantly - get paid for the work they have done.
2nd July 2020
Maven Capital Partners has led a further investment in Bright Network, a media technology recruitment platform which connects leading employers with the high quality graduate workforce of tomorrow. The transaction also includes investment from private equity firm Seneca Partners.
Maven originally invested in Bright Network in July 2018, alongside existing and angel investors, to support the launch of its new Software as a Service (SaaS) solution, and the company has since generated 50% Year on Year revenue growth.
1st July 2020
As of 1 July 2020, the Aston Lark Financial Institutions team will join the Protean Risk brand, making the combined team one of the largest dedicated brokers servicing UK and European financial services firms.
29th June 2020
Robert Walters Fintech: Challenger to Competitor report analyses the four key factors driving the fintech market which has seen a 53% growth in the last three years, an active fundraising scene, and a 20% surge in-demand during lockdown.
29th June 2020
Recruitment platform Tempo has secured £5 million in a Series A funding round led by the Adecco Group, a Fortune Global 500 company and leading HR solutions partner.
Tempo’s end-to-end platform uses technology to simplify the recruitment process, with machine learning used to match job seekers to potential employers and video interviews used for screening. Businesses using Tempo are able to cut their recruitment costs by 65%, while reducing the hiring process to a matter of days rather than weeks.
10th June 2020
The Liverpool-based company received the funding from NPIF – Maven Equity Finance, managed by Maven and part of the Northern Powerhouse Investment Fund.
Redwigwam was founded four years ago by serial entrepreneur Lorna Davidson, who had previously founded and sold Tactical Solutions, one of the UK’s leading field sales and marketing companies, for £29million.
4th June 2020
The Danish workspace management startup Good Monday has just entered London following a $4M capital injection from the UK early-stage VC firstminute Capital, led by Brent Hoberman. Other investors are Creandum, Seed Capital, and PreSeed Ventures. In London, the first clients are already on board, and the UK office is up and running in Shoreditch with five employees.
12th May 2020
Insulation and fire protection expert Aran Services has secured £1.5 million in working capital from Independent Growth Finance (IGF). The funds, which were raised using invoice discounting, were used to support the recent MBO and to provide working capital to support the continued growth of the business.
12th May 2020
Blackfinch Group has launched the #ISOLATIONINTERN platform in partnership with investment industry firms and universities to enable specialist talent acquisition under Covid 19 Restrictions. The initiative aims to supercharge early stage companies and help keep this vital sector of the economy on track.
11th May 2020
StaffCircle, a communications, performance and culture platform that enables companies to manage employees across many locations, has raised new funds from investors including Blackfinch and Mercia. Blackfinch has invested around £670,000 with additional investment from Mercia Asset Management.
29th April 2020
Innovative law firm Muve has completed a £1.1 million equity funding round to finance its further aggressive expansion into the £1.75bn UK conveyancing law market.
Muve supports over 250 home movers every month with residential conveyancing. The Company's success is built on the three pillars of: process automation through technology, 100% ownership of the lowest cost off-shoring facility in the UK conveyancing market, and being the first law firm to guarantee home buyers an exchange of contracts within as little as 25 days, or return its fees.