Inventis Raises £1.5M for Events Software Platform Expansion
Inventis, a Lincoln, UK-based events software platform provider, has recently secured an additional £1.5M in funding through a round led by MEIF Proof of Concept & Early Stage Fund, managed by Mercia Ventures as part of the Midlands Engine Investment Fund (MEIF), and Mercia’s EIS funds. The funds will be utilized by the company to further enhance its technology and expand its reach to a wider range of event planners. Additionally, the funding will also aid in the creation of approximately six new job opportunities. Inventis, under the leadership of CEO Joe Cusdin, offers a comprehensive software platform that enables event planning teams to collaborate online, integrating satellite imagery, maps, architectural drawings, and other data into a unified dashboard. The company's notable portfolio includes prestigious events such as the 2022 Birmingham Commonwealth Games, the World Cup, and the Dubai Expo. Currently, Inventis boasts a 15-strong team, and with the latest funding, the total amount raised to date surpasses £2.1M.
Inventis, with its headquarters situated in Lincoln, UK, has been able to secure an additional £1.
.5M in funding. The round of funding was led by MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia Ventures and forms part of the Midlands Engine Investment Fund (MEIF), in conjunction with Mercia’s EIS funds. The company intends to utilize the newly acquired funds to not only enhance its technology but also to broaden its customer base by targeting a wider pool of event planners. Furthermore, the investment will enable Inventis to generate six new employment opportunities. The company, spearheaded by CEO Joe Cusdin, offers a software platform that facilitates collaboration among event planning teams by integrating various types of data, such as satellite imagery, maps, and architectural drawings, into a unified dashboard. Inventis has an impressive track record, having worked on prestigious events including the 2022 Birmingham Commonwealth Games, the World Cup, and the Dubai Expo. At present, Inventis boasts a team of 15 individuals, and with this recent funding, the total amount raised thus far exceeds £2.1M.
Inventis, an events software platform provider based in Lincoln, UK, has recently announced that it has successfully raised an additional £1.5M in funding. The funding round was led by MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia Ventures as part of the Midlands Engine Investment Fund (MEIF), and Mercia’s EIS funds. The primary objective of securing these funds is to further improve the company's technology and expand its customer reach to encompass a diverse array of event planners. Furthermore, the funding will help Inventis create approximately six new job vacancies. The company, led by CEO Joe Cusdin, specializes in offering a comprehensive software platform that allows event planning teams to collaboratively work together. By integrating satellite imagery, maps, architectural drawings, and other relevant data into one centralized dashboard, Inventis has successfully established itself as a prominent player in the industry. The company has an impressive portfolio, having worked on prestigious events like the 2022 Birmingham Commonwealth Games, the World Cup, and the Dubai Expo. Presently, Inventis employs a team of 15 individuals, and the total amount raised through this latest funding round amounts to over £2.1M.
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