Screendragon Ltd., a London, UK- and Cork, Ireland-based technology leader in SaaS-based workflow automation, recently announced that it has raised $27m in funding. The funding round included investments from Kennet Partners and Federated Hermes Private Equity. The company plans to utilize these funds to support its ongoing expansion efforts. The current leadership team, consisting of founders John Briggs, Jan Quant, and Fergus Ashe, alongside Executive Chairman, Clive Sirkin, will continue to guide the company's operations. Additionally, Sirkin will assume the role of Chairman of a newly formed Board of Directors.
Screendragon's innovative platform serves the agency and marketing sectors by offering automated solutions for complex workflows.
It facilitates collaboration among distributed teams, ensuring visibility and agility at scale. The company's technology is trusted by numerous brands and agencies, allowing teams to efficiently plan, innovate, create, and deliver content to the market. This latest funding round will enable Screendragon to further enhance its offerings and expand its reach in the industry.
As part of the funding round, Cillian Hilliard, Director, and Michael Elias, Managing Director of Kennet, along with Fidel Manolopoulos, Partner & Co-Head of EMEA Investment at Federated Hermes Private Equity, will join Screendragon's board of directors. The company also plans to appoint an independent board member in the near future. With this strengthened leadership team, Screendragon is well-positioned to continue its growth trajectory and drive innovation in the SaaS-based workflow automation space.