Connect Childcare, which is part of the Deepbridge Technology Growth EIS portfolio, has received a £4m investment from Mobeus, a London financial firm. The investment has been awarded on behalf of Mobeus to support Connect Childcare in their launch of a payment offering software. The money will also be used to strengthen the company’s internal resources, aiding its sales and marketing departments to product development and future growth.
Chris Reid, Founder and CEO commented;
“We’re thrilled to welcome Mobeus to the team and feel that the transaction and reinvigorated board represent a very exciting new chapter for the business. The company vision is to develop technology solutions that improve outcomes for children and the investment will enable us to cement our position as the UK’s market leader, build out an already strong team and deliver our ambitious growth plans.”