Successes

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We began the process with ScaleUp Group against a background of a challenging global financial climate.
David Cocks​
CEO & Co-Founder, CloudTrade​

Fundraising amount: £7m

Funded by: Co-funded by Finch Capital, Atempo and SUG Partners

Summary:

We and our Partners advised eflow Global, a UK-based Reg Tech scaleup which provides financial firms with software solutions to help them comply with their regulatory requirements. They offer award-winning solutions for market abuse surveillance, transaction-cost analysis, transaction reporting and eComms surveillance. 

We engaged in a focused set of activities to boost their growth plans, including:

  • Performed proprietary investor readiness diagnostics on the client and informed their 3-5 year growth play book to align with raising growth capital
  • Development of key collateral (i.e., teaser, investor memorandum, investor slide-deck & fully integrated three-statement financial model) and provided executive coaching
  • Orchestrated meetings with relevant investors based on SUG knowledge of, and credibility within, the tech investor community
  • Provided input on terms / valuation concerning both equity and venture debt component
ScaleUp Group helped stimulate our thinking to have greater ambitions for our business"
David Cocks​
CEO & Co-Founder, CloudTrade​

Fundraising amount: £2m

Funded by: Co-funded by Calculus Capital and SUG Partners

Summary:

We and our Partners advised CloudTrade, a  leading provider of cloud-based e-invoicing,  on their scaling up and exit journey.

We engaged in a focused set of activities to boost their growth plans, including:

  • Persuading the Founder they justified raising growth capital
  • development of key collateral and executive coaching
  • orchestration of meetings with relevant investors based on SUG knowledge of, and credibility within, the tech investor community
  • input on terms / valuation

Finally, one of our Partners, Paddy MccGwire, led his advisory firm,  Silverpeak as advisers to the highly successful sale of Cloudtrade to Advanced.   

By only having me meet well qualified prospective backers, ScaleUp Group has helped us navigate the venture capital world to fuel our expansion plans.”
Matthew Elson​
Chief Executive, Evotix

Fundraising amount: £3m

Funded by: Co-funded by NVM Private Equity and SUG Partners

Summary:

We helped SHE software shape their growth investment proposition and identify suitable investors to approach.

Our fast, systematic approach gained a number of investment offers, whilst simultaneously allowing the Evotix leadership team the space to continue to drive vital day to day operations and not lose momentum whilst raising growth funds. We also provided further insight on funding terms and our Partners have personally invested in the business as part of the ongoing, long-term commitment ScaleUp Group makes to its clients.

ScaleUp Group’s Partners have materially helped me and my fellow board colleagues in our business transformation.”
Richard Jeffery
Group CEO & Co-Founder, ActiveOps

Fundraising amount: £5.3m

Funded by: Co-funded by Calculus Capital and SUG Partners

Summary:

ScaleUp Group’s Founder, John O’Connell, was their first ever Chairman of their first ever Board for approximately 4 years, supported by his colleague Sean Finnan and has materially helped ActiveOps in their transformation from a service-led Back Office Optimisation Solutions provider to a high-growth cloud-based global SaaS business, leading to their IPO in 2021. This support included initiating the introduction of their Global Sales Director, now Head of EMEA as well as encouraging the absorption of their Australian franchise and the CEO’s relocation to the USA as a part of the company’s global expansion.

ScaleUp Group Partners’ direct and highly relevant experience provided invaluable guidance for key hires for our growth ambitions.”
Peter Baumann
CEO, ActiveNav

Fundraising amount: £8m+

Funded by: Co-funded by Mobeus – now Gresham House – and SUG Partners

Summary:

ScaleUp Group, chaired by John O’Connell who led several Angel rounds, has supported ActiveNav’s growth journey by more recently orchestrating their first Series A fund raise,, then a follow-up round resulting in £8m+ investment in total – £400k of which has been invested by ScaleUp Group.

In ScaleUp Group CEO Forum, I have gained priceless leadership insights from the deep confidential discussions with my peers simply not available in any other forum or reports.”
David Griffiths
CEO, Fiscal Technologies

Fundraising amount: £3.6m

Funded by: Co-funded by Octopus Investments, Calculus Capital and SUG Partners

Summary:

ScaleUp Group supported Fiscal Technologies by conducting a structured fund-raising process which created considerable interest from the Fund community. SUG Partners Adam Hale and Alan Laing (the later as Chairman) already had an involvement with the business, which was underpinned by several others becoming shareholders through personal investments.

Though our CEO Forum, we provide ongoing post-funding support to our Clients to help ensure the funds raised are being spent wisely, maximising the business’s growth potentials – Fiscal Tech CEO, David Griffiths being the most active forum member!

With ScaleUp Group’s help, we accessed a range of options we wouldn’t have had on our own and we felt we had a trusted partner on our side throughout the process.”
Clare Elford
CEO, CLUE

Fundraising amount: £5.2m

Funded by: Frog Capital

Summary:

We helped Clue navigate through their Series A fund raising journey as well as helping to minimise distraction to the daily operations of the business. By meeting only the most suitable Funds, we enabled Clue to find the right investment partner – with SUG Partner, Adam Hale also becoming Chairman of the Board, as well as introducing their CFO.
In ScaleUp Group CEO Forum, I have gained priceless leadership insights from the deep confidential discussions with my peers simply not available in any other forum or reports.”
David Griffiths
CEO, Fiscal Technologies

Fundraising amount: £3.5m

Funded by: Co-funded by Foresight and SUG Partners

Summary:

We orchestrated their Series A Fundraising process; introduced one of our Partners to become a non-executive Director and subsequently led a supplementary round.

With ScaleUp Group’s help, we accessed a range of options we wouldn’t have had on our own and we felt we had a trusted partner on our side throughout the process.”
Clare Elford
CEO, CLUE

Fundraising amount: £1m

Funded by: SUG Partners

Summary:

We have led a Seed round; stimulated the appointment of a Chairman and initiated exploratory talks with a regional investment board.

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