Administrate Raises $6.4M in Funding

administrate

Administrate, an Edinburgh, Scotland, UK-based provider of an enterprise training operations platform, raised $6.4M in funding.

The round was led by Hambro Perks, who provided $3.8M in the round, with participation from Archangels, Mercia, and the Scottish Investment Bank.

The company intends to use the funds to expand its business reach and meet the needs of its North American enterprise customer base.

Led by CEO John Peebles, Administrate is a provider of a learning technology platform designed to scale and manage the complexities of enterprise training. Organizations such as Royal Caribbean Group, Siemens Healthineers, and Maersk use it to automate manual processes, manage complex training schedules and logistics, and access business intelligence from siloed data.

The company was founded in 2012 in Edinburgh, Scotland, and has offices in Bozeman, Montana.

FinSMEs

11/07/2023