GoReport secures investment from ScaleUp Capital to drive product development and expansion.
ScaleUp Capital has provided funding in its first deal from its fourth fund to support product development.
GoReport provides SaaS software solutions for residential and commercial property surveyors to digitise inspections and reporting. The company supports digital workflows to improve efficiency across the property sector.
Northern Ireland technology company GoReport has secured investment from ScaleUp Capital to fund its next phase of expansion. The transaction represents the inaugural deployment from ScaleUp Capital's fourth fund. Alongside the new backing, former investors including Co Fund NI, Clarendon Fund Managers, Crescent Capital, and private backers have fully exited their positions in the business. The capital will be directed towards product development to strengthen GoReport's market position.
From the founder
"GoReport is delighted to become part of the dynamic ScaleUp Capital portfolio. In delivering a tremendous product alongside exceptional customer service, GoReport has built an outstanding reputation and a base of impressive clients. Our success so far has been made possible through the support of our investor community. As we continue to move forward, ScaleUp’s position and expertise will undoubtedly support and assist us as we look to build on our growth and reputation and offer even more exciting solutions tailored for our target markets."
Gavin O'Neill
Chief Executive Officer at GoReport
Investor perspective
"We are incredibly excited to be working with the GoReport management team to continue driving the business forwards. GoReport has demonstrated a high degree of product-market fit in a compelling sweet-spot and the platform’s strong foothold in its market presents an exciting opportunity for continued growth."
David Sparrow
Investment Director, ScaleUp Capital
Use of funds
- 01Continue product development