London proptech startup secures six figure funding from Northern angel investors
A London-based proptech aiming to simplify the procurement process for construction SMEs has secured six-figure investment.
C-Link has raised funding from members of the NorthInvest angel networks, including angel investors Steve Secker and Ian Stark.
Founded in 2015 by Paul Heming and Chris Barber, C-Links has developed ‘e-procurement’ platform that aims to help users save time by automating low-value tasks such as procurement procedures, defining contracts and automatically compiling relevant documentation.
The equity investment, which was supported by NorthInvest legal partner Gordons LLP, will be used for further software development and accelerate sales growth.
Paul Heming, co-founder of C-Link, commented: “Construction is an archaic industry that needs change. Having managed teams of quantity surveyors responsible for £200 million worth of flagship projects, I understand first-hand the need to free up time lost on admin-intensive tasks.
“Over the past few years our small team has built software that has transformed the way SME property developers and main contractors manage construction procurement.
“We sought investment to help us grow more quickly; this round of funding is a major step in our fight to develop the way SMEs manage construction projects.”
Amy Pierechod, solicitor at Gordons LLP, added: “At Gordons, we’re committed to working with NorthInvest investors to make the deal process as streamlined as possible, and it’s great to have been able to do that with this investment.
“It’s really rewarding to be able to support deals like this, which help connect northern investors with startups at a stage in their development where investment into the business can make a big impact.”
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