ARKK secures Series B investment of over £7m from Mobeus to expand its software platform.
Mobeus extends its backing of the London-based software provider with fresh capital and board appointments.
ARKK is a UK-based software as a service provider that replaces outdated single-purpose finance tools with smart technology. The platform empowers finance teams to unify, process and gain insights from their data more quickly and accurately.
ARKK has secured Series B funding from Mobeus, bringing the total investment from the firm to over £7m. The company will use the capital to develop additional features and modules for its for:sight platform in response to rising demand from corporate and accountancy clients.
Mobeus first backed the business in 2019 when it launched its software platform. Alongside the funding transaction, Mobeus has strengthened the board by appointing Graham Ridgeway as a non-executive director to bring further software expertise.
From the founder
"for:sight’s successful application to Making Tax Digital has driven growth to date. Strong demand for further functionality from our client base is propelling innovation and this additional funding from Mobeus will allow us to unlock that growth more quickly by overcoming the challenges faced by finance leaders."
Richard Metcalfe
CEO at Arkk Consulting
Use of funds
- 01Continue product development
Investors
About the company
Arkk Consulting
ARKK provides smart software to help finance teams unify and process data.