Enate, a Cheltenham, UK-based automation software company, raised £2.2M in funding.
The round was led by the Northern Venture Capital Trust (VCT) Funds, which are managed by Mercia.
The company intends to use the funds to further develop its platform and expand its customer base and distributor network across Europe and Asia.
Founded in 2017 by Kit Cox, Enate provides a SaaS Service Orchestration platform that manages a workforce of humans and robots for simplified end-to-end processes. With Enate, users can plug and play any technology (RPA, AI, cognitive, NLP, 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.
The company now has customers worldwide ranging from smaller services firms to major insurers, banks and professional services firms like EY and Capgemini.
It currently employs 24 people in Cheltenham and a similar number in India.