The investment was led by Alex Snodgrass, Jack Teasdale, and Tim Rea from BGF.
"Invenio was set up on the core values of exceptional customer focus, deep industry and technology expertise, transparency and employee care. Our core values, a unique culture and a highly valued customer engagement model have helped us grow over the last thirteen years and maintain deep relationships with our clients. We are delighted to have BGF on board for the next stage of our journey and are looking forward to making the most of the team’s expertise in this space. BGF’s investment will help us continue to invest and grow to meet demand, whilst keeping control of our business and staying true to our values."
Beringea led the £2.4m investment to help DeepCrawl scale its presence in the UK and US markets.
"DeepCrawl has demonstrated its ability to build a platform that delivers tangible impact for global companies with highly complex and technical website architecture,"
The seasoned technology executives join the software provider as investors and advisors to support international growth.
"Individuals – be they consumers or employees – understand the value of their data and are becoming increasingly discerning about which organisations they trust and engage with, and what they share about themselves. Getting, and keeping, their attention, support, loyalty and business means your communication has to be mutually rewarding, interactive and even entertaining. It also has to be delivered where and when they want it. Trust is table-stakes for today’s great companies. 3radical has created a SaaS platform that makes it easy for organisations to do just that, and address the huge challenges this creates, reaping the rewards of better communications execution. This ability to easily configure and deliver interactive, rewarding digital content personal to every individual in the moment simply isn’t available from existing marketing or employee communication platforms, but is critical to organisations’ future success."
Insight Venture Partners and MissionOG led the £25m funding round.
"We have made tremendous progress over the last 15 months since our last fund raising – and this fund raise is the largest to date. The additional funds will enable us to continue rapidly growing the business internationally by focusing on our products, our people and our customers."
The funding round was led by South Central Ventures alongside a strategic partnership with Oliver Wyman.
"Cognism is moving beyond sales intelligence and applying its patented machine intelligence technology to understand the revenue challenges at the Enterprise level. With our new investment and collaboration with Oliver Wyman, we will be able to introduce our pioneering Revenue AI technology internationally to the top corporates of the world, driving faster top-line revenue growth."
