SupplyWell raises £500k in seed funding led by Alliance Fund Managers to scale its education platform.
The Liverpool based EdTech firm secured the capital from MSIF's Merseyside Loan and Equity Fund to drive national expansion.
SupplyWell operates an education technology platform connecting schools directly with supply teachers, teaching assistants and cover supervisors. The company aims to improve supply management and provide better work opportunities for educators.
Liverpool based EdTech business SupplyWell has secured £500k in a seed funding round led by Alliance Fund Managers. The capital will be deployed to scale operations, broaden the workforce, and expand its platform across the UK and international markets.
The investment comes from MSIF's Merseyside Loan and Equity Fund, delivered through its subsidiary Alliance Fund Managers. The company has progressed past its initial prototype phase and seeks to meet growing demand for automated teacher recruitment solutions.
From the founder
"Our innovations and technology are what allow us to support our teachers and schools. It facilitates and allows us to create an ethical alternative to traditional agencies. SupplyWell is creating something special, and we are serious about the problems that we are solving in education."
Michael Heverin
CEO and co-founder at SupplyWell
Investor perspective
"Teachers, schools and students will benefit hugely from the SupplyWell deep job platforms which automates the process for putting the right supply teacher in touch with the right school at the right time."
David Walters
Digital Investment Manager, Alliance Fund Managers
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
Categories
About the company
SupplyWell
SupplyWell provides an education technology platform connecting schools with supply teachers.