Capsule secures a multi-million-pound minority investment from Newlands Capital to fuel product expansion.
The minority investment is backed by Hermes GPE and will drive customer-centric product innovation.
Capsule provides smart, simple online CRM software via a SaaS model to businesses worldwide. The platform integrates with productivity and accounting tools to streamline lead capture and sales opportunities.
Capsule has secured a multi-million-pound minority investment from Newlands Capital, backed by Hermes GPE. The funding will support the company in continuing its product-led growth, expanding its customer-centric features, and launching new software integrations including Microsoft 365. Founded in 2009, the Manchester-based CRM provider currently serves thousands of customers across 170 countries. The transaction marks the debut deal for Newlands Capital since its inception.
From the founder
"We are delighted to have Newlands Capital onboard to help us continue our product led growth,putting the customer experience first in everything we do. The bespoke investment offered by Newlands and their 20 year plus technology investment experience is what we need at this point in the development of Capsule."
Duncan Stockdill
CEO and Cofounder at Capsule
Investor perspective
"It is exciting to be backing Duncan, Phillip and the team at Capsule in our first deal as Newlands Capital. Having founded the business just over a year ago we reviewed over 100 other investment opportunities, searching for a business with a high quality team, high recurring revenue and largegrowth market opportunity. Capsule ticks all the boxes for us as an investor."
Charlie Johnstone
Cofounder, Newlands Capital
Use of funds
- 01Continue product development