Connect Childcare raises £4m from Mobeus Equity Partners to expand its nursery software solutions.
Mobeus Equity Partners has backed Connect Childcare in a financing round aimed at accelerating software rollout and team expansion.
Connect Childcare provides nursery management software designed to streamline administrative processes for childcare providers across the United Kingdom. Its digital platforms assist nurseries and pre-schools with tasks ranging from child development tracking to parent communication.
Connect Childcare has secured a £4m investment from Mobeus Equity Partners to support its ongoing software development and expansion plans. The funding will facilitate the rollout of a new Software-as-a-Service solution and a streamlined payment offering, alongside strengthening the company workforce.
The capital injection coincides with board level changes, including the appointment of Bill McCall as chairman. McCall succeeds Ashvin Pathak, who has stepped down after nine years in the position.
The business has experienced sustained demand across the early years education sector, recently renewing its contract with the Busy Bees nursery group. The latest financing provides operational security and resources to execute product launches planned for the coming year.
From the founder
"It was a tough year for everyone as we all faced so much uncertainty. We too were forced to make difficult decisions, with limited information, and we had to be resilient."
Chris Reid
CEO at Connect Childcare
Investor perspective
"I’m excited to be backing such a high-quality team that has demonstrated both a long-term, customer-focused strategy as well as agility and focus during the pandemic."
Rowan Grobler
Investment Manager, Mobeus Equity Partners
Use of funds
- 01Continue product development
- 02Invest in sales and marketing
Investors
Categories
About the company
Connect Childcare
Connect Childcare develops nursery management software for providers across the United Kingdom.