Method Grid raises £1m in seed follow-on funding from private investors to fuel market expansion.
The Bath-based enterprise platform secured its third funding round from a network of eleven private backers.
Method Grid provides an enterprise-level connected assurance platform designed for regulated sectors such as engineering construction and consultancy. The company equips organisations with tools to manage compliance, knowledge retention, and project delivery.
Method Grid has secured roughly £1m in a seed follow-on investment round backed by a network of eleven private investors. The capital will support the company as it expands into new markets and develops its integrated platform capabilities.
The funds are earmarked to scale multiple areas of the business, including the development, customer success, professional services, and revenue-growth teams. This latest raise follows previous funding events in May 2019 and April 2020, bringing the firm's total shareholder count to 25.
Led by chief executive Dom Moorhouse, the Bath-based firm aims to address growing regulatory complexities in sectors like construction and engineering. The platform combines task management, quality assurance, and knowledge centres into a single ecosystem.
From the founder
"We sought out our next seed round of funding as we were gaining promising traction for the platform and had ambitions to deliberately accelerate our company’s scaling journey and activity,"
Dom Moorhouse
CEO at Method Grid
Use of funds
- 01Grow the team
- 02Continue product development
- 03Invest in sales and marketing
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About the company
Method Grid
Method Grid offers a connected assurance platform for regulated industries.