FibreCRM secures £750k seed funding led by Chelverton Investor Club to expand operations
The funding round was led by Chelverton Investor Club with participation from several regional and institutional backers.
FibreCRM develops specialised cloud-based client relationship management software tailored for accountancy practices. The platform integrates various technologies used by firms to improve workflow visibility and marketing productivity.
FibreCRM has secured £750k in a seed funding package led by Chelverton Investor Club, with participation from Cass Entrepreneurship Fund, the Cornwall & Isles of Scilly Investment Fund, and the FSE Angel Network.
The capital will be directed towards expanding the team in Cornwall and scaling operations to meet growing demand from accountancy firms across the UK.
Chelverton Investor Club invested £250k as part of the broader funding package managed alongside other institutional backers.
Use of funds
- 01Grow the team
- 02Continue product development
- 03Scale operations
Investors
Chelverton Investor Club
Cass Entrepreneurship Fund
Cornwall & Isles of Scilly Investment Fund
FSE Angel Network