Proventeq, a Reading, UK-based digital transformation company, received a Multi-Million-Pound investment from BGF.
The amount of the deal was not disclosed.
The company intends to use the funds to boost its offerings in Enterprise Content Management (ECM) modernisation, Intelligent Information Management, and AI-led innovation.
Led by CEO Nitin Mahajan, CTO Rakesh Chenchery, and CCO Balu Herbert, Proventeq aims to help organisations establish foundations with secure and new data platforms, enabling them to improve with AI and automation. The company recorded 24% revenue growth last year, assisting companies in migrating and modernising their legacy ECM platforms, implementing compliance and governance solutions, and accelerating the adoption of AI/Copilot based solutions.
Founded in 2007, with headquarters in the UK and offices in India, Dubai, and the USA, Proventeq has a global customer base in over 30 countries.
The company has offices in India, Dubai, and the USA.
FinSMEs
13/11/2024