Hudman secures £75k from angel investor David James to expand software offerings
The Welsh business software developer has secured equity backing to launch new accounting and ERP packages.
Hudman develops cloud-based accounting and enterprise resource planning software tailored for small and medium-sized businesses.
Hudman has secured £75k in equity investment from business angel David James. The funding has enabled the company to launch new versions of its cloud-based Central Accounting and Enterprise Resource Planning software packages, with further sector-specific developments planned.
Alongside the capital, David James has joined Hudman as managing director to contribute his business management and digital marketing expertise. The deal was brokered following an introduction by xénos manager David Maas.
Founded in 2006 by Paul Driscoll, Hudman targets the small and medium-sized enterprise market with affordable, subscription-based financial and operational software solutions.
From the founder
"Our products are competitively priced for the SME market and with prices starting at £199 per month including full-time support, smaller businesses can now benefit from a comprehensive software package that includes features previously only available to larger businesses."
Paul Driscoll
Commercial Director at Hudman
Use of funds
- 01Continue product development
- 02Expand into international markets