Smartgate Solutions Limited, a Leeds, UK-based solutions provider working within regulated industries in the UK and internationally, closed a £1.6m funding round.
The round was led by private capital investment group 24Haymarket with participation from Northern Powerhouse Investment Fund (NPIF) Mercia Equity Finance, which is managed by Mercia Fund Managers.
The company intends to use the funds to expand both its sales and delivery teams.
Led by Paul Johnson, Chief Executive Officer, Smartgate has developed its cloud-based radar healthcare quality & compliance system to enable regulated industries to manage and meet both their operational and regulatory requirements, offering a tool to underpin operations and processes and give the necessary visibility against performance and compliance.
The company’s initial market is within the health and social care sector in the UK.