LocalGlobe et al. lead $3.9m round for StatusToday
LocalGlobe, Notion Capital and FirstMinute Capital have led a $3.9m funding round for British HR-related artificial intelligence business StatusToday.
Entrepreneur First, Force Over Mass Capital and various business angels also took part in the round.
The fresh capital will enable the business to invest in product development and build out its data science and engineering teams.
Previous funding
Notion Capital and LocalGlobe provided $1.3m in seed funding for StatusToday in 2016.
Company
Founded in 2015 and headquartered in London, StatusToday analyses employee performance and communications in order to improve efficiency and identify risks related to cyberattacks and regulatory breaches.
People
LocalGlobe – Saul Klein (general partner).
FirstMinute Capital – Brent Hoberman (executive chairperson, general partner).
StatusToday – Ankur Modi (CEO); Mircea Danila Dumitrescu (chief technology officer).
More on Early-stage
World Fund leads EUR 128m raise for quantum computing group IQM
Series-A2 for Finnish startup focused on combating the climate crisis also backed by the EIB
Gorillas raises circa USD 1bn in Delivery Hero-led Series C
New funding comes just seven months after a Series B, with the company doubling in value
L Catterton et al. in EUR 100m round for SellerX
SellerX has already raised amost EUR 250m in debt and equity in its 12 months since inception
Point72 Ventures leads €20m round for Curb
Food startup was founded in 2020 and will use the funding to invest in technology and its expansion in Stockholm
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds