Menu visibility control

Video

Events

Startup Surgery

Most Recent

Sponsored

Tech chats: AI’s impact on jobs with EY’s Richard Goold

Investments

Data science firm Exonar raises £1.25m to expand across Europe

FinTech

UK tech unicorn TransferWise expands to Singapore

Press Releases

Mention Me win best tech startup award at Drapers Digital Festival
GamCrowd officially launches the first ever Gambling Tech Week as part of London Tech Week
Redbox Digital Gains Prestigious Magento Global Elite Partner Status

EXCLUSIVE: London startup Vida gets over £1m in Seed funding to boost UK expansion

Devika Wood headshot
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Vida, a platform which enables users to find carers for themselves and their loved ones, has raised over £1m in Seed funding in a round led by Hambro Perks.

The company also drew support from investors including Barnaby Cardwell, of Cardwell Technologies, Grima Ventures and a series of undisclosed high-net worth angel investors.

Based in London, the firm is the brainchild of Naushard Jabir, co-founder and CEO.

£14m in UK startup funding, Brexit commentary, Facebook Stories and more in The Week in Tech

“This funding allows us to continue developing and deploying the ground-breaking technology that makes Vida so unique,” Jabir said, adding: “Now that our unique matching algorithm is fully functioning, it means were are seeing many successful matches all over London and now we’re excited to expand to East and West Sussex.”

The funds, which bring the company’s total to £1.4m, will be used to continue developing Vida’s technology platform.

Devika Wood, co-founder and chief medical officer of Vida, and whose personal experience of caring for her grandmother as a young child inspired the company’s mission, commented on Vida’s expansion plans: “Our expansion into markets outside of London shows that a service such as Vida is desperately needed across the UK.

“Our clients and carers tell us that the technology we employ provides them the peace of mind they so crave. We’re so proud of the whole team seeing how far we’ve come,” she added.

Dominic Perks, founding partner and CEO at Hambro Perks, also commented on his firm’s decision to participate in Vida’s funding round.

“We’ve been working with Vida for some time now and have seen the company grow from strength to strength. Our investment will enable them continue to secure partnerships with local councils, helping the elderly and to repair the care crisis in the local community,” Perks concluded.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Richard Goold AI jobs

Tech chats: AI’s impact on jobs with EY’s Richard Goold
posted 15 hours ago

Investment

Data science firm Exonar raises £1.25m to expand across Europe
posted 18 hours ago

TransferWise

UK tech unicorn TransferWise expands to Singapore
posted 19 hours ago

Desolenator

CleanTech startup Desolenator wins Duke of York’s Pitch@Palace 7.0
posted on April 26, 2017

investors

UK FinTech firms ‘raised $328m in Q1 2017’
posted on April 26, 2017

acquisition

EdTech startup Gojimo acquired by Telegraph Media Group
posted on April 26, 2017