Huler, a Stoke on Trent, UK-based work tech company creator of the employee experience platform, HulerHub, raised a further £1.5 million in funding.
The additional funding was from the Midlands Engine Investment Fund (MEIF) Proof of Concept & Early Stage Fund and Mercia Ventures’ EIS funds.
The Midlands Engine Investment Fund (MEIF) provides commercial finance through Small Business Loans, Debt Finance, Proof of concept, and Equity Finance funds.
Mercia EIS Funds is a vintage early-stage venture capital fund managed by Mercia Asset Management. The fund is located in Henley-in-Arden, United Kingdom, and invests in the United Kingdom. The fund targets investments in the information technology, healthcare device, supply, and healthcare technology system sectors.
Huler Use of Funds
The company will use the funding to further develop its HulerHub platform, simplify employee communications, and increase revenues. The company plans to create ten new roles following the funding round.
Founded by Nicky Hoyland and Gareth Mobley, Huler is a company that provides work tech solutions. Its flagship product, HulerHub is a SaaS platform designed to simplify employee communications and information access for HR teams, offering a digital window that brings together various software programs, apps, and content in one place. It offers businesses of all shapes and sizes the ability to build better personalized digital employee experiences that enable employees to take control of their working day and collaborate from any device, anywhere in the world.
Company: Huler Limited
Funding Month: January 2024
Lead Investors: Midlands Engine Investment Fund (MEIF) Proof of Concept & Early Stage Fund and Mercia Ventures’ EIS funds
Company Website: https://huler.io/
Software Category: Employee Engagement Software