Administrate secures £3.8m from NVM Private Equity to accelerate global expansion.
NVM Private Equity led the investment round with participation from Archangels and the Scottish Investment Bank.
Administrate provides a cloud based training and learning management platform that automates education delivery for organisations. The company serves a global client base from offices in Scotland, the United States and Lebanon.
Administrate has raised £3.8m in an investment round led by NVM Private Equity, with participation from existing backers Archangels and the Scottish Investment Bank. The Edinburgh based software provider will direct the capital toward accelerating its international expansion and advancing its platform development. NVM contributed £2.3m of growth capital to the total, with Aaron Lawson-Clark joining the company board as part of the transaction.
Operating from Scotland alongside international offices, Administrate provides cloud solutions for scheduling, resource management and student registration. The business currently employs over 80 people and has experienced particular momentum in North America over the past year.
From the founder
"Our investors are a key part of our team, and I’m delighted to have NVM join us on the journey as we work together to build a company focussed on delivering success for our customers."
John Peebles
CEO at Administrate
Investor perspective
"Administrate stands out as an ambitious business that has developed proven, market-leading technology with a strong reputation in its industry. The business is well placed to continue the growth trajectory delivered over the last few years as it continues to make inroads into enterprise level customers across the world. NVM are very pleased to be backing another fantastic business in Scotland."
Aaron Lawson-Clark
Investment Manager, NVM Private Equity
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
Categories
About the company
Administrate
Administrate builds software to automate and manage training and learning delivery.