Xpand secures £900k from the European Institute of Technology and Innovation for product development
The software firm has secured backing from the European Institute of Technology and Innovation to advance its economic analytics platform.
Xpand is a software company that provides a dashboard and analytics platform to monitor the impact of public policy interventions. The firm is supported by the Ulster Bank Entrepreneur Accelerator programme.
Xpand has raised £900k in seed funding from the European Institute of Technology and Innovation. The capital will be directed towards product development as the software firm expands its reach across European and global markets.
Founded by Matt Barnes and James Gumble, the company developed its platform to help government bodies measure the outcomes of economic development projects. The technology tracks public spending and evaluates its wider effects on local and national economies.
The business has previously received mentorship and funding application support through the Ulster Bank Entrepreneur Accelerator programme.
From the founder
"There are so many complex factors at play when you are trying to measure something like public spending."
James Gumble
Founder at Xpand
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Xpand
Xpand provides analytics software that measures the impact of public policy interventions.