Versori secures £2.8m from Stage 2 Capital and angel investors to fund product development and team expansion.
The funding round was led by Stage 2 Capital to support product development and go-to-market 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.
Manchester-based data infrastructure provider Versori has secured £2.8m in a funding round led by Stage 2 Capital. The raise included participation from angel investors Cindy Bi and Jamie Su.
The fresh capital will be directed towards enhancing the company's product development capabilities, specifically for integration and visualisation tooling within its Switchboard platform. Additionally, Versori plans to execute strategic hiring initiatives to expand its go-to-market team.
The investment reinforces the firm's market position as it addresses complex system integration challenges for modern enterprises.
From the founder
"The funds will be instrumental in further enhancing our Integration and data visualisation capabilities, allowing us to meet the complex data integration needs of modern enterprises across various industries."
Sean Brown
Founder and CEO at Versori
Investor perspective
"More than $350B is spent on complex data integration problems currently solved by consultancies and service providers. Versori’s Switchboard solution is making any-to-any system integrations possible with incredibly fast time-to-value that the market needs. We’re so excited to back the Versori team to help customers solve the most complex of data integration challenges"
Jay Po
Co-founder and Managing Partner, Stage 2 Capital
Use of funds
- 01Continue product development
- 02Accelerate go-to-market
- 03Grow the team
Investors
Categories
About the company
Versori
Versori provides data infrastructure and workflow automation solutions for enterprise systems.