When innovative Safety Software company, SHE Software was looking for unique ScaleUp experience and expertise to develop its ambitious growth plans, CEO Matthew Elson naturally turned to the ScaleUp Group … ScaleUp Group members have successfully grown global technology companies with exits of over £4 billion and this unique wealth of knowledge was engaged by SHE software to help shape the growth investment proposition plus identify suitable investors to approach.
ScaleUp Group’s fast, systematic approach gained a number of investment offers, whilst simultaneously allowing SHE Software leadership the space to continue to drive vital day to day operations and not lose momentum whilst raising growth funds. ScaleUp Group also provided further insight on funding terms and uniquely ScaleUp Group members have personally invested in SHE Software as part of the ongoing, long term commitment ScaleUp Group makes to its clients
John O’Connell, Chairman at ScaleUp Group, said “We were delighted to offer our knowledge, connections and experiences to SHE Software to develop growth plans and then to successfully raise growth (ScaleUp) funding”. John continued : “We believe that SHE software brings a fresh, new approach to the health and safety software market underpinned by world class people and technology.”
As part of its ScaleUp plans, SHE Software has secured a £3 million growth investment from NVM Private Equity (NVM) as it prepares to enter international markets with its highly configurable health and safety software and create over 50 new jobs by the end of 2018.
Matthew Elson, CEO of SHE Software, said: “We are delighted to work with ScaleUp Group and our new investors at NVM to seize the tremendous opportunity we have to penetrate global market and bring the benefits of Assure to a much wider customer base. Our plans are ambitious but we are confident that this funding boost will enable us to maintain our 60 per cent per annum growth rate while successfully driving international expansion.”
SHE Software is the first in a pipeline of world class UK technology companies working with ScaleUp Group to accelerate growth and become Global Champions.
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