Leeds-based Panintelligence has raised a £4.5 million Series A from YFM Equity Partners and Comhar Capital to further scale its data visualisation, reporting, and analytics software.
The Panintelligence “Pi” suite of software enables businesses to use data in almost any format to trigger bespoke reports and visualise trends in real-time, helping inform strategic decisions and lower costs. Originally developed in the credit and banking sectors, the software has moved into other highly-regulated areas, such as financial services, healthcare, and education.
The UK startup was founded in 2014, and it’s currently led by CEO Zandra Moore, CTO Ken Miller, and operations director Charlotte Bailey.
Commenting on the investment, Moore said: “We’re immensely proud to have grown from a handful of people into a leading-edge BI software business with international clients. This Series A capital allows Panintelligence to take advantage of the huge opportunities we are seeing in global markets, particularly the US. We chose YFM and Comhar as our partners as we felt they shared our ambition to grow the business in the right way to maintain the culture and the brand.”
Mike Clarke, investment director at YFM, said: “We quickly saw the value that Panintelligence delivers to its customers through an embedded product. The Pi Dashboard has the potential to be deployed across the globe. Panintelligence is exactly the type of high-growth business we want to support and fundraising now makes perfect sense. We are bringing the capital that will enable Zandra, Ken and a first-rate executive board to drive the business forward.”
Clarke will join the Panintelligence board, as will Craig Wilkinson from Comhar Capital.