The parking platform secured its capital from over 2,900 investors in a record-breaking crowdfunding campaign.
"We’ve been overwhelmed by the positive response to our crowdfunding campaign. The way that the public have got behind JustPark and put their faith in us has been a huge vote of confidence, and genuinely humbling. We’re now looking forward to the next stage of our growth and to working alongside a loud, proud collective of our most passionate users to bring parking into the 21st century."
The funding will support technology upgrades and the opening of new regional offices across the United Kingdom.
"Over the last 5 years we have proved our business model in Scotland, and over the last year, have proved it in England and Wales. Over the next 5 years we plan to grow our market share rapidly across the UK. This investment allows us to invest in IT systems and business processes, open 2 new regional offices, and open a Shared Services Centre in Belfast.."
BGF has provided growth capital to support the aircraft seat manufacturer.
"We’ve worked hard to grow Acro and by investing every scrap we’ve made in our staff, products and infrastructure we have managed to double the size of the business every year for the past four years, but we still have ambitious plans. Our partnership with BGF will allow us to bring those plans to life, which is hugely exciting."
