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Bootstrapped Yoti Says Yes To First Outside Funding

Feb 24, 2022over 3 years ago
London

Description

Digital verification software company Yoti is looking to raise £8-10m in outside funding later this year, having so far relied on more than £110m provided by its founders and employees since it was founded in 2014.

Company Information

Company

Yoti

Location

London, Ontario, Canada

About

Digital verification software company Yoti is looking to raise £8-10m in outside funding later this year, having so far relied on more than £110m provided by its founders and employees since it was founded in 2014.Yoti co-founder and CEO Robin Tombs told Sifted that the company is calling it a pre-Series B round “because it felt weird to call something that has already had £110m founder investment a seed round”.