Activ8 Intelligence Raises £350K in Funding

Activ8 Intelligence, a Derby, UK-based provider of business intelligence tools, raised £350k in funding.

Backers included Midven‘s Early Advantage fund, Catapult Venture Managers and private investors.

The company intends to use the capital to continue to grow.

Founded in 2005 and led by managing director Matthew Lymbery, Activ8 Intelligence offers HR reporting and analytic solutions, which are designed to help firms increase the performance of staff and deliver cost savings.

The firm’s technology (AI engine) predicts good and bad hires, rates of attrition, absence and performance as well as other areas of insight which could provide invaluable business intelligence.



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