Iventis secures £400k in seed follow on funding from Mercia and the Future Fund to expand its team.
The Lincolnshire technology firm raised the capital to support team expansion and meet rising demand for its remote event planning software.
Iventis provides digital mapping and planning software designed to help organisers manage large scale events and exhibitions. The platform brings together spatial data and operational tools to streamline complex logistics.
Lincoln based event software provider Iventis has secured £400k in follow on funding to support its continued expansion. The capital was provided by Mercia through the Midlands Engine Investment Fund alongside the government backed Future Fund. The business intends to put the new resources toward creating seven additional roles as demand for its remote planning tools grows.
From the founder
"I’m delighted to see Iventis make huge leaps forward in its growth. The company is recruiting talent from within the events industry, which has suffered immensely during the pandemic. We already have high-profile early adopters of the Iventis software, many of which are relying on its capabilities to reschedule and redesign their events."
Keith Greetham
Non-Executive Chairman at Iventis
Investor perspective
"The Midlands Engine Investment Fund is committed to ensuring Midlands’ businesses have access to the finance they need to grow. This latest investment will enable Iventis to develop its innovative software platform, whilst creating new job opportunities in the region."
Lewis Stringer
Senior Manager, British Business Bank
Use of funds
- 01Grow the team
