Deployed secures $4m seed funding to advance project planning software
The round was co-led by Amrock Ventures and M12 to support product development and team growth.
≈ £3.2M at $1 = £0.8057 on 18 May 2023
Deployed provides an enterprise platform that standardises statements of work to improve project planning and delivery.
London-based enterprise technology startup Deployed has raised $4m in a seed funding round co-led by Amrock Ventures and M12. The round also drew participation from Portfolio Ventures, Mayfield Fund, HERmesa, and Angel Academe.
The company provides a collaborative platform designed to streamline the creation and management of statements of work, helping organisations mitigate project failure and manage corporate agreements more efficiently. The fresh capital will be directed towards feature development, including generative AI applications, alongside team expansion and scaling its client base.
Founded in 2020, Deployed addresses persistent inefficiencies in contract scoping, offering an alternative to legacy document exchange processes.
From the founder
"It’s empowering to be part of the “2% of the 2%” (only 2% of VC investment goes to majority female founders and of that, less than 2% is in Enterprise SaaS). With most corporate work now globally distributed, project based and delivered by third parties, we need a new way to engage for services. We started Deployed to help everyone define work better and align on clear objectives early on"
Emma Rees
CEO and co-founder at Deployed
Investor perspective
"I was taken from the very first pitch that this was solving a problem that has been slipping through the gaps of corporate governance. It was very clear that the founding team, Emma, Kayleigh, and Jamie, were a winning one, bringing deep expertise and a balanced mindset."
Hugo Chardon
co-Founder, Amrock Ventures
Use of funds
- 01Continue product development
- 02Fund research and development
- 03Grow the team
- 04Expand into international markets
Investors
Hugo Chardon
Amrock Ventures
Peter Berg
M12
James Pringle
Portfolio Ventures
Mayfield
HERmesa
Angel Academe