Consultancy business makepositive secures £1m
London firm that helps companies “get the most value” out of Salesforce products” will use funding for R&D, sales and marketing
makepositive, a London-based consultancy firm, has closed £1m in funding, consisting of £800,000 in equity finance and a £200,000 loan facility from peer-to-peer lender RateSetter Business Finance.
makepositive claims to be the leading domestic implementation partner for Salesforce in the UK, helping the company’s 150,000 business customers “get the most value” out of Salesforce products.
It designs custom solutions to work around the platform’s products, as well as integrating with other tools and programmes. makepositive has also secured contracts from FT.com and American Express.
The funding has already enabled the firm to increase its employee headcount from 80 to 125 and will also allow it to invest in consultants, sales and marketing and research & development.
Matt Cooksley, director of makepositive, commented: “With our investment in R&D, we are hoping to build out our intellectual property to provide cost-effective and innovative solutions for our customers.
“We will be re-investing constantly in that whole process to continue to expand our position in the market: We have plans to raise our staff headcount from 125 to 200 in the near future.”
Paul Marston, managing director of RateSetter Commercial Finance, added: “This is the sort of successful company, with massive potential and a huge appetite for growth, that should be provided with the right sort of finance to support its ambitions. We stand ready and able to match those aspirations with a quick and efficient route to the cash they need to fuel their continuing development and expansion.”