Precursive Raises £2.5M in Funding

Precursive, a London, UK-based provider of a software as a service (SaaS) platform which allows clients to manage a wide range of business processes, raised £2.5m in funding.

Maven Capital Partners made the investment.

The company intends to use the funds to continue for expansion into UK and US and product development efforts, and growth of its qualified sales and marketing teams.

Co-founded in 2011 by Jonathan Corrie, CEO, Andy Mahood, CTO, Precursive provides companies with a SaaS based modular platform to manage resource management, project planning, accounting, forecasting, reporting and client onboarding.

The company, a strategic partner of Salesforce, the world’s largest provider of customer relationship management (CRM) software, already has a presence in the USA, Spain and Poland.

Clients include GoCardless, Mitel, GoCardless, SES and Vidyard.



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