Avail Technologies raises £320k in seed follow on funding from Mercia
Mercia backed the HGV recruitment platform alongside private investors to support system development and business expansion.
Avail Technologies operates an HGV recruitment platform connecting hauliers with drivers for short term contracts. The service removes traditional agency intermediaries while assisting with tax compliance.
Avail Technologies has secured £320k in a seed follow on round to develop its system and expand operations. Existing backer Mercia provided the capital through the Northern Powerhouse Investment Fund alongside private backers. The platform has seen a surge in users following recent driver shortages and acts as an official recruitment provider to Logistics UK.
The fresh capital will be directed towards rolling out new software features and scaling the business. The company recently strengthened its leadership team with the appointment of a new general manager following experience across the regional recruitment sector.
From the founder
"The recent driver shortage has highlighted the critical role that HGV drivers play in keeping supermarket shelves stocked and the wheels of the industry turning. While conditions are improving and wages have risen, this makes it all the more important that operators cut out unnecessary expenses. Avail enables them to hire drivers at lower cost so more money can into drivers’ pockets."
Matt Eeles
General Manager at Avail Technologies
Investor perspective
"This latest investment will make it even easier for employers and drivers to engage with each other on the platform, and will enable the company to go from strength to strength."
Connie Smith
Mercia
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Avail Technologies
Digital platform connecting hauliers with short term HGV drivers.