UKTN reported that Shepherd, a London, UK-based IoT startup, raised $870k in seed funding.
Backers included unnamed angels.
The company intends to use the funds to increase its development and business expansion efforts.
Led by founder and CEO Will Brocklebank, Shepherd has developed an Artificial Intelligence powered detection and maintenance tool to reduce costs and losses for maintenance service providers.
The company is part of Founders Factory’s FinTech accelerator.
FinSMEs
01/12/2017