Administrate, an Enterprise Training Operations Platform, Raises $6.4M to Automate & Solve Complex Training Logistics
BOZEMAN, Mont., July 11, 2023 /PRNewswire/ -- Administrate, the leading enterprise training operations platform, announced today that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank, and that it had welcomed Hambro Perks as a new capital partner. Funds will be deployed to support the company's rapid growth and continue to meet the needs of its diverse and growing North American enterprise customer base.
- Funds will be deployed to support the company's rapid growth and continue to meet the needs of its diverse and growing North American enterprise customer base.
- The deal was led by Hambro Perks who specialize in supporting high-growth scale-up companies that focus on B2B SaaS.
- "Administrate is an innovative and rapidly expanding business that has continued to deliver double-digit growth within its enterprise customers segment in the last couple of years.
- These tools within our platform can transform training operations and drive significant ROI for our customers in unprecedented ways."