Method Grid Raises £1M in Third Funding
Method Grid, a Bath, England-based provider of an enterprise-level connected assurance platform for regulated sectors, including engineering-construction and consultancy, raised a total of roughly £1m including new funding and conversion of loan into equity.
Backers included a network of eleven private investors coordinated by Anthony Sage.
The comnpany intends to use the funds to accelerate expansion into new markets and development of their integrated platform capabilities.
Led by Dom Moorhouse, CEO, Method Grid provides an integrated, enterprise-level assurance platform that empowers knowledge retention, increases operational efficiencies and enables connected programme assurance.
The business has already begun investing into marketing activity alongside their internal expansion, aiming to increase their client roster. Currently, sitting at 15 persons strong, the company has recently opened a new Bath office to accommodate further growth.