London-based startup Shepper, which carries out on-demand inspections on assets , has raised $5.4m in Series A funding.
The startup allows consumers to do spot-checks on bring brands, take photos as proof, file them and get paid in return.
Aviva Ventures and Norway’s Idekapital Fund 1 led the round, which also drew support from Angel investors.
Shepper was co-founded by serial entrepreneurs Ben Prouty, Carl August Ameln and Jan Vanhoutte in 2016.
The cash will be used to boost product development and international marketing efforts.
Shepper graduated from Founders Factory’s FinTech accelerator, which is backed by Aviva.
How money mobile transfers affect SMEs
Prouty, CEO and co-founder, said: “We founded Shepper on the belief that security and maintenance companies have had it too good for too long; they demand expensive, lengthy contracts to conduct very basic checks that in reality require no prior experience and can be completed on an ad hoc basic. Our global network of Shepherds can respond to local jobs quicker, reducing travel time and costs for the client – who then get access to digital reporting – not an archaic paper report.
“This funding round will enable us to further develop our technology to build the next generation of our product and deliver quality inspections in all corners of the globe.”
Ben Luckett, managing director at Aviva Ventures, commented on how he thought platform companies were leading the digital transformation of products, services and business.
“As a corporate venture fund we want to invest in start-ups with high growth potential and Shepper have created a highly scalable business with relevance across multiple industries. Along with their strong leadership team, this makes Shepper an exciting opportunity for us and we are very much looking forward to working with them,” he noted.