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DWF advises Culture Shift funding round led by Praetura Ventures

16 March 2020
Digital abstract
DWF, the global legal business, has advised Culture Shift, a technology business that has created a platform for people to confidentially and safely report workplace harassment, on a £1.35m investment in a funding round led by Praetura Ventures, a VC firm which targets early stage businesses in high value sectors.
Culture Shift was founded following a string of stories about bullying and harassment in high-profile businesses across the UK. It is led by Gemma McCall, CEO and a prominent commentator on workplace harassment, COO Stuart Bradley and CTO Carl Sadd.
 
Praetura Ventures’ funding, and the support of its team, will help Culture Shift to develop its proprietary software and accelerate its rollout to business customers, with a focus on FTSE 350 and regulated industries.
 
Lisa Stavropoulos, Partner and Will Munday, Senior Associate from DWF's corporate practice provided legal counsel on the transaction.  
 
Commenting on the deal, Lisa said, "Having advised Culture Shift since its inception, we're delighted to have advised on this fundraising which will help them to develop their proprietary software and accelerate its rollout to business customers, with a focus on FTSE 350 and regulated industries. Culture Shift is leading the charge on and providing an innovative solution to long-overdue issues around harassment and workplace bullying and we are proud to have played a part in the business' next stage of development."

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