Panintelligence builds on international growth with £4.5m Series A investment
Yorkshire-based analytics specialist Pantintelligence has secured £4.5m in a Series A funding round.
The firm, which is based in Leeds, has secured the funding in a round led by YFM Equity Partners and Comhar Capital, with a £3.5m and £1m stake respectively.
Led by CEO Zandra Moore, CTO Ken Miller and operations director Charlotte Bailey, Panintelligence was established in 2014 and specialises in business insight software and analytics.
Panintelligence Zandra Moore commented: “We’re immensely proud to have grown from a handful of people into a leading-edge BI software business with international clients.
“This Series A capital allows Panintelligence to take advantage of the huge opportunities we are seeing in global markets, particularly the US.
“We chose YFM and Comhar as our partners as we felt they shared our ambition to grow the business in the right way to maintain the culture and the brand.”
News of the funding follows a period of growth for the firm, which has expanded internationally this year with the opening of new US offices.
Mike Clarke, investment director at YFM, commented: “We quickly saw the value that Panintelligence delivers to its customers through an embedded product. The Pi Dashboard has the potential to be deployed across the globe.
“Panintelligence is exactly the type of high-growth business we want to support and fundraising now makes perfect sense.
“We are bringing the capital that will enable Zandra, Ken and a first-rate executive board to drive the business forward.”
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