Kimble Applications raises $1.8m to expand operations into the United States.
Sussex Place Ventures has backed the professional services automation provider in an equity financing round.
Kimble Applications provides professional services automation software for corporate clients. The business helps organisations streamline operations and management.
Kimble Applications has secured $1.8m in an equity fundraising round featuring investment from Sussex Place Ventures. The proceeds will support the company as it expands its international presence, including the launch of a new office in Boston.
The investment highlights ongoing investor interest in software platforms designed to improve efficiency across professional sectors. Legal advice on the transaction was provided by TLT.
Investor perspective
"We have known Kimble for some time and were delighted to have the opportunity to support their growth with an investment from our new fund. Jon and Jack did a great job of navigating the dynamics of this financing round and bring this investment to an efficient conclusion."
Barnaby Terry
Managing Partner, Sussex Place Ventures
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Kimble Applications
Kimble Applications develops professional services automation software.