Enate, a Cheltenham, UK-based SaaS company whose software helps businesses to automate their processes more rapidly, has received a follow-on investment round of £2 million from Mercia, a growth-focused investment firm.
The company will use the funds to accelerate its geographic footprint, extending its client and partner coverage in existing and new market verticals in the UK and across the globe.
In addition to the capital, the company announced the appointment of a new CEO, James Hall, who formerly served as the founder and CEO of Genfour, a robotic process automation (RPA) specialist.
James Hall, Enate’s new CEO, says, “I am delighted that Mercia is delivering on their promise of being a long-term value-add partner to us. Mercia sees the successes clients such as TMF, CapGemini and LBG have with our technology. As a result, Enate is becoming ‘the’ platform for clients embarking on digital transformation and intelligent automation at scale and in their operations.”
Enate also unveiled several partnerships in the US and India, including agreements with ISG, Infosys, and Tech Mahindra.
Company: Enate Ltd
Raised: £2.0M
Round: Follow-on Investment Round
Funding Month: October 2022
Lead Investors: Mercia
Additional Investors:
Company Website: https://www.enate.io/
Software Category: SaaS Process Orchestration Platform
About the Company: Founded by Kit Cox in 2017, Enate is a SaaS process orchestration platform that enables enterprises to efficiently manage a hybrid workforce of humans and digital workers and simplifies end-to-end business processes. The solution gives executives an overview of how their enterprise operates and provides data insights that can be harnessed to improve operations. With Enate, clients can plug and play any technology (RPA, AI, cognitive, NLP, and machine learning) from any vendor to get digital fast. The platform enables the delivery of services from multiple locations to local standards while maintaining complete visibility and control (including the automation of KPIs and SLAs), all aligned to detailed reporting of cost and productivity. Customers include Capgemini, Capita, and Mizuho
Source: https://techfundingnews.com/enate-picks-up-2m-to-help-enterprises-efficiently-manage-a-hybrid-workforce/