Grateful

Grateful, a fintech startup, has raised £1.5 million in seed funding from Calculus Capital to accelerate the development of its automated tip pooling and tronc platform for frontline workers.

Summary of transaction details:

• Value: £1.5 million
• Sector: Fintech
• Advisor: None
• Key Entities: Grateful, Calculus Capital
• Location: UK

Note: The funding will enable Grateful to develop AI-powered financial tools, enhance compliance functionality, and expand into new markets, capitalizing on the growing demand for digital tipping solutions driven by the new Employment (Allocation of Tips) Act.