Scalare is pleased to announce an oversubscribed close for its recent funding round.
The round was supported by the Founding team at Scalare as well as participation from existing and new investors, advisors, and founders from the Scalare community.
This new funding round will allow Scalare to continue to build and support its diversified portfolio of early-stage technology businesses. Scalare Founding Partner Nick Roberts said:
"We are thrilled to announce our recent funding as we position ourselves for growth. We are looking forward to investing in and supporting around 10 new emerging technology businesses in this financial year and continuing to build a supportive community that wants to help our game-changing founders and their companies succeed."
As of 1 December 2022, Scalare has made 22 investments in 19 companies and has supported our founders through the identification of new hires, delivery of a customised support plan, and a number of advisory projects and mandates for IPOs.
Recently Scalare has helped a number of its portfolio companies through capital-raising journeys and investment milestones, made a new investment in impact management platform Treety, and has a healthy pipeline of early-stage technology businesses under consideration for its portfolio.
Nick Roberts went on to say, "This latest financing round is a strong endorsement of the Scalare model.
With the current market challenges, founders are seeing additional value in the Scalare support structure as well as our financial investment.
We believe this creates a good environment for us to continue to add quality founders and businesses to our growing investee portfolio."
Scalare Partners welcomes pitches from passionate founders from all backgrounds. We are seeking technology companies that fit the following investment criteria:
Seed to pre-series A stage
Technology at the heart of the solution
Demonstrated product-market fit
Post-revenue with signed customers
Global market applications
Identifiable skills gaps
A desire for long-term partnership
Find out about the ways Scalare helps exceptional tech founders scale >
At Scalare, we’re on a mission to create a greater impact by building a collaborative network that connects exceptional founders, advisors and investors in a unique and powerful partnership, because real transformation and growth takes more than money.
Our unique collaboration and partnership model provides clear pathways to global investors, experts and markets. We plug existing skills gaps in our portfolio companies from our best-of-breed advisor network – to bring, expert resources exactly when needed to facilitate growth and deliver exceptional returns to investors and founders alike. Find out more >
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