Claimer, a London, UK-based fintech startup enabling companies to claim financial incentives from the government, raised $4.2m in seed funding.
The round was led by Project A Ventures, with participation from Moonfire Ventures, helloworld.vc and a group of tier one angels that includes Errol Damelin (co-founder, Wonga), Matt Clifford (Chairman, Advanced Research and Invention Agency), Ian Hogarth (ex-CEO, SongKick), Harry Briggs (Partner, OMERS Ventures) and follow-on investors Ben Holmes (ex-Index Ventures) and TrueSight Ventures.
The company intends to use the funds to expand operations and its business reach.
Founded by CEO Adam McCann and CTO Andrew Easter, Claimer is an R&D claim solution enabling companies to claim financial incentives from the government. By building accessible government financing infrastructure, Claimer is able to make the experience of claiming innovation incentives easier and give customers more time, focus, and money to build their business. Companies using the platform can initiate an accurate claim for complex R&D projects with benefits ranging from £30k to £2m in a few minutes.
The R&D claim solution has been used by hundreds of venture scale companies so far, including Otta, Nested, Unmind, and Hubble. To date, the company has filed over 700 claims successfully.