Signify Research secures £6m from BGF to accelerate growth in healthcare technology intelligence.
BGF has backed the health tech market intelligence provider with a £6m growth capital investment.
Signify Research is a specialist health tech market intelligence provider offering research, consultancy, and data-driven insights to the global healthcare technology industry.
Signify Research has secured £6m in funding from growth capital investor BGF. The capital will be used to accelerate the company's growth, expand its market presence, and widen the breadth and depth of its research offerings across various healthcare technology domains.
The business continues to be led by co-founders Steve Holloway and Alex Green, with the management team being bolstered by the appointment of Gareth Miller as non-executive chair. Mark Nunny and Elena Kovalikhina managed the transaction on behalf of BGF.
From the founder
"We are excited to welcome BGF as a strategic partner. Their investment will enable us to scale our operations, enhance our product offerings and reach new markets. This partnership is a testament to the strength of our business model and the potential for future growth. We are confident that with BGF’s support, and the highly relevant experience of Gareth Miller, we will continue to lead the way in delivering cutting-edge healthcare technology market intelligence solutions."
Steve Holloway
CEO at Signify Research
Investor perspective
"We are thrilled to partner with Signify Research, a sought-after market analysis firm that has consistently demonstrated innovation and leadership in the healthcare technology industry. Our investment will provide the necessary resources to support their ambitious growth plans and drive further advancements in their technology. We look forward to working closely with the Signify Research team, and Gareth, to achieve their vision."
Mark Nunny
Investor, BGF
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
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About the company
Signify Research
Signify Research delivers specialist market intelligence and research to the global healthcare technology sector.