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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Software firm used by Barclays, Santander and Investec secures £2m investment

A software company whose clients include Barclays, Santander and Investec has secured a £2m boost from a Manchester-based venture capital investor.

Fluid.work has been backed by Praetura Ventures and will use the funds to "significantly" grow its team, increase marketing activity and target global expansion.

The company's platform uses a variety of tools including custom automated workflows, automated presentation creation, interactive dashboards, work hubs, resource management, intuitive integrations reporting and tracking systems.

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Jared Whitaker, CEO of Fluid.work, said: "We are delighted to have closed this funding round with Praetura Ventures. Fluid.work is set to scale and grow massively, and we are so excited to share our solution with more clients globally.

"We know that our platform makes a difference for every single user, allowing them to work a better day, save time, increase productivity, and focus on what matters most."

David Foreman, managing director of Praetura Ventures, added: "Jared and the team have built a great business to date.

"Whilst there are other tools in the market, clearly the innovation and service Fluid.work brings to the sector has helped them attract and retain a wide variety of clients, from SMEs to household names.

"We can’t wait to work with Fluid.work and support them in this next chapter."

The deal was managed by investment manager Sim Singh-Landa and investment director Louise Chapman from the Praetura Ventures team.

Praetura Ventures was advised by the legal team at Gateley Legal.

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