Precursive secures £2.5m seed investment from Maven Capital Partners to fund expansion.
Maven Capital Partners led the seed round to support international growth and product development.
Precursive provides a cloud-based software platform that helps businesses manage customer onboarding and resource planning. The company serves various sectors including technology, consulting, and professional services.
Precursive has secured £2.5m in seed funding from Maven Capital Partners to support its expansion across the UK and the United States. The capital will be directed towards product development and expanding sales and marketing teams. The transaction follows a competitive process involving the software provider, which integrates with Salesforce to streamline operational workflows.
From the founder
"Our mission is to help our customers around the world to scale. Customer onboarding and capacity planning are critical workflows for any tech or services business. We’re delighted to work with Maven, especially given our shared vision for the long term future of work. They stood out as they understood our strategy, values and how we continue to enable customer success."
Jonathan Corrie
Co-Founder & CEO at Precursive
Investor perspective
"Precursive has built a strong market position, and its state-of-the-art platform provides clients with an all-in-one onboarding and resourcing solution that streamlines operations across the board. Now more than ever, businesses are thinking about how they can improve profitability by becoming more efficient, and tech-driven companies such as Precursive are leading the way in changing the way companies work. The management team impressed us from the outset, as did their ambitious plan to grow and develop the business."
Julie Glenny
Investment Director, Maven Capital Partners
Use of funds
- 01Continue product development
- 02Invest in sales and marketing
- 03Expand into international markets
Investors
Categories
About the company
Precursive
Precursive provides cloud-based software for resource management and customer onboarding.