BGF led the Series A investment to fund technology development and scale operations.
"Adam and Amabel are a powerful combination and Bloom is a unique asset, which has access to a large market and the potential to rapidly scale. This is a business offering a best-in-class solution, delivering results for its users and driving social value throughout the supply chain. We’re looking forward to working with the team to achieve our shared ambitions for Bloom."
The follow-on investment was led by BGF to fund international expansion and job creation.
"Since our inception, there’s been a pressing need for digital skills to become foundational to every organisation, regardless of sector or size. Now, as Covid-19 persists, we believe even more deeply that every business is now a digital business — with software and data at its core, powered by talent at the heart. I’m excited for AND Digital’s next chapter, powered by BGF; now, we can make essential investments that will fuel our growth further, enabling countless more companies to scale and grow in bold new ways."
The system integration and data analytics specialist has agreed a strategic partnership to enhance its product suite and drive international expansion.
"The demand for real-time system integration, data and analytics has accelerated this year as the world has made the shift to digital ways of working,"
Sovereign Capital Partners has acquired a significant minority stake in the digital transformation specialist.
"We have come a long way since we set up our business just five years ago. This is an exciting market and we have achieved fast yet solid growth without compromise to the quality of our offering."
Northstar Ventures backed the Durham technology firm with capital from regional innovation funds.
"We are absolutely delighted that our Durham company can continue to grow at the global leading edge of technology innovation. The world is becoming more and more reliant upon artificial intelligence. AI is only as good as the data that is used to create it. Our products will make AI safer and easier to use."