How Much Did Administrate Raise?
Funding & Key Investors

Administrate, a provider of enterprise-level training management software, has secured significant funding, with its total capital raised reaching $13.5M. The company recently announced a major strategic investment of $3.7M, underscoring its continued growth and market position in the learning and development technology sector. This latest financing round follows a history of strategic capital injections aimed at scaling its operations and enhancing its platform capabilities.

What is Administrate?

Administrate
SoftwareHuman Resources Software

Founded in 2012 and headquartered in Edinburgh, United Kingdom, Administrate offers a comprehensive, configurable, cloud-based software solution designed to help enterprises streamline their learning and development functions. The platform equips organizations with the tools to manage their training and learning initiatives efficiently, aligning them with key business objectives. Administrate's technology aims to drive operational effectiveness and measurable business results through its robust feature set and adaptable architecture, positioning it as a key player in the corporate e-learning and talent management space.

How much funding has Administrate raised?

Administrate has raised a total of $13.5M across 4 funding rounds:

2015

Private Equity

$868K

Private Equity

$2.5M

2023

Other Financing Round

$6.4M

2024

Unspecified

$3.7M

Private Equity (2015): $868K with participation from Archangel Informal Investment

Private Equity (2015): $2.5M led by Archangels

Other Financing Round (2023): $6.4M supported by Hambro Perks, Mercia Technologies, Archangels, and Scottish National Investment Bank

Unspecified (2024): $3.7M featuring British Business Bank and Mercia Technologies

Key Investors in Administrate

Archangels

Archangels is an investment group that provides funding and support to early-stage companies, often focusing on businesses with strong growth potential in Scotland.

Hambro Perks

Hambro Perks is an international investment firm specializing in private technology investments, partnering with founders to support growth businesses across various stages of the investment cycle.

Scottish National Investment Bank

The Scottish National Investment Bank is a development investment bank providing long-term capital for businesses and projects across Scotland, aiming to foster a fairer and more sustainable economy.

What's next for Administrate?

The recent major strategic investment in Administrate signals a pivotal phase for the company, likely focused on accelerating product development, expanding market reach, and potentially exploring strategic partnerships. With a substantial total funding amount of $13.5M, Administrate is well-positioned to enhance its competitive edge in the rapidly evolving corporate training software market. Future initiatives may include further platform innovation, international expansion, and strengthening its enterprise client base, leveraging this capital to solidify its leadership in the learning management system (LMS) sector.

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Frequently Asked Questions Regarding Administrate Financial Insights

What are the most recent funding rounds that Administrate has completed, and what were the funding rounds?
Administrate has recently completed 3 funding rounds: Unspecified on Aug 19, 2024, Other Financing Round on Jul 11, 2023, Private Equity on Dec 20, 2015.
What is the total amount of funding Administrate has raised to date?
Administrate has raised a total of $13.5M in funding to date.
How many funding rounds has Administrate completed?
Administrate has completed 3 funding rounds.
How much funding did Administrate raise in its most recent funding round?
Administrate raised $3.7M in its most recent funding round.
Who are the lead investors in Administrate's latest funding round?
The lead investor in Administrate's latest funding round was British Business Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Administrate's history?
The largest funding round in Administrate's history was $6.4M.
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