Smartgate Solutions raises £1.6m led by 24Haymarket to expand its compliance software platform.
The funding round was led by 24Haymarket with support from Mercia Equity Finance.
Share allotment filed at Companies House
Smartgate Solutions provides cloud-based compliance and quality management software tailored primarily for the health and social care sector.
Smartgate Solutions has raised £1.6m in a funding round led by private capital investment group 24Haymarket, with backing from Northern Powerhouse Investment Fund partner Mercia Equity Finance. The company developed the Radar Healthcare Quality and Compliance System, which helps regulated industries meet operational and regulatory requirements.
The fresh capital will be directed towards expanding Smartgate's sales and delivery teams to address growing demand within the health and social care sector and other regulated markets.
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
Investors
Categories
About the company
Smartgate Solutions
Smartgate Solutions builds cloud-based compliance and quality management software.