StaffCircle Secures £775,000
HR software company StaffCircle has raised a further £775,000 to build its sales and marketing team and expand its client base. The funding round was led by Blackfinch Investments and included the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund.
The companies software is designed for medium to large companies and enables them to improve internal communications, engage more effectively with employees over multiple locations, manage their performance and maintain a consistent culture. Founded in 2017 by Mark Seemann, the business, which currently employs 10 staff, plans to create a further five jobs to respond to growing interest from potential customers, while also targeting new business.
Read more: StaffCircle secures £775,000