MatsSoft Raises £2.65M in Equity Funding from Beringea
MatsSoft, a Bedford, UK-based software company providing web-based workflow and communications solutions, has received a £2.65m equity financing from Beringea.
This funding, which will come from ProVen VCT and ProVen Growth & Income VCT, will enable the company to grow domestically and internationally.
To date, MatsSoft has developed in business sectors including Financial Services and Healthcare.
The company’s software, which is marketed as MATS® as well as under other brand names by various resellers, includes a comprehensive management information suite and configuration tools, which are designed to allow companies and organisations to drive efficiency gains, cost reductions and service improvements across a whole host of business processes, including case management, customer service, logistics, remote customer/patient management, complaints handling and supply chain management.
Led by CEO Martin Scovell, MatsSoft works globally with partners and resellers, from multinational telecommunications companies to smaller specialist organizations with expertise in niche market sectors.
In conjunction with the funding, Trevor Hope, CEO at Beringea has joined the company’s board.