Versori raises £1.5m in a seed round to develop its integration platform and digital wallet.
The seed financing was provided by angel investors to fund product development and team expansion.
Versori provides data infrastructure solutions centred on its flagship integration and workflow automation platform, Switchboard. The company serves prominent retail clients including Sephora, Frasers Group, and ASOS.
Versori has secured £1.5m in a seed round funded by angel investors to support the development of its technology and expansion of its team.
The capital will specifically target the growth of the company's integration platform, Switchboard, and its digital wallet, Koja. Switchboard is designed to help businesses automate workflows and integrate diverse software systems, while Koja provides a streamlined commerce-first payment experience.
The start-up plans to launch Switchboard with alpha customers in the coming weeks and intends to follow this seed financing with a Series A round in October.
From the founder
"Versori is a really exciting group of technology solutions that address the increasing problems in their respective markets. We aim to build and provide mission-critical software and platforms to our customers. Switchboard changes the way any scale business integrates and manages business systems and workflows, while Koja tackles the huge problems that the payment industry faces with a fresh commerce first approach to financial transactions. We can’t wait to grow the business with our amazing founding team and customers who were lucky enough to get to the front of the waitlist!"
Sean Brown
Founder and CEO at Versori
Use of funds
- 01Grow the team
- 02Continue product development
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About the company
Versori
Versori provides data infrastructure and workflow automation solutions for enterprise systems.