FinTechFunding

Elucidat: Raises £2M In Follow-On Funding

Elucidat Raises £2M In Follow-On Funding

  • Elucidat, a Brighton, UK-based provider of an elearning authoring platform, raised £2M in Follow-On funding
  • The round was led by YFM Equity Partners
  • The company intends to use the funds to continue building its global customer base of large enterprise organisations
  • The company  is an elearning authoring platform that enables its customers to enhance their learning and development goals by producing digital learning content faster
  • Its international customer base includes Tesco, Kingfisher, Metro Bank and Decathlon
  • YFM first invested £3.5m in Elu cidat in 2019 to accelerate product development and drive growth in North America
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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