Business software maker Rotageek nabs £4m investment for recruitment drive
Scheduling tech firm Rotageek has landed a seven-figure investment to expand its team as it looks to scale.
The Hackney-based company will use the £4m boost, secured in a round led by equity investor Mobeus, to hire experienced specialists for development, engineering and customer service roles.
Rotageek said the recruitment drive will allow it to continue developing its advanced data-driven services, which help multi-site businesses predict customer demand, schedule employees and enhance operational efficiency.
High street brands like Dune, The Perfume Shop, O2 and Pets at Home are among the companies already using Rotageek’s software in the UK.
Chief exec Chris McCullough said: “Rotageek has seen significant growth over the past few years, all thanks to our team’s hard work, our clients’ collaboration, and our investors’ continued dedication and support.
“This investment round, led by Mobeus, will help us continue to invest in our tech, our talent, and our business development.”
He continued: “Everyone at Rotageek is passionate about creating a step change in scheduling to improve not only how businesses run their operations, but to also positively and significantly impact the lives of shift-based employees.
“We are excited to have Mobeus join our team and look forward to delivering ever better scheduling for more clients.”
As part of the investment, the company will appoint Stuart Dawson to its board as non-executive chairman. Stuart was previously managing director of the ABS division of accounting software firm IRIS.
Mobeus investment director Greg Blin will also join the board.
He said: “We identified the workforce management sector as a significant and growing, yet highly fragmented market that has had little innovation.
“Many businesses still adopt labour-intensive, time-consuming, manual processes, which do not provide staffing metrics. Rotageek provides a technology-driven solution with the potential to disrupt that market.”
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