Hivebrite, a community and engagement platform, is targeting growth in the UK after raising a $37 million Series B funding round.
The French company has opened a UK subsidiary and transferred its sales team from Paris to London to accommodate its rapid customer growth in the UK market.
Hivebrite has a significant presence in the region, counting NHS Foundation, British Heart Association, British Pharmacological Society, and Imperial College London among its customers.
The London office is Hivebrite’s third international office opening in less than five years, following its New York and Sydney office openings in 2018 and 2021.
“The UK today represents around 13% of our total revenue, and 30% of our EMEA revenue, making it our No.1 country in the region,” founder and CEO Jean Hamon told BusinessCloud. “We have built a strong network in various sectors in the UK in the past few years and want to capitalise on this.
“Finally, we’ve just moved our sales team for EMEA from Paris to London to reflect this expansion plan. Our UK team handles sales for all EMEA region, with the exception of France.
“We have ambitious EMEA targets… we are looking to hire new customer success managers in the UK to be closer to our UK customers.”
Quadrille Capital led the latest round of funding, alongside existing investor Insight Partners and angel investor Edward Filippi.
Launched in 2015 to empower organisations to build impactful communities, it is now used by more than 900 organisations in more than 50 countries.
Hamon added: “This funding reflects our continued momentum, rapid customer base growth, and the success customers experience using our platform.
“Our new capital will help us further strengthen our platform, especially in relation to deeper customisation possibilities, smart connection making between community members and user experience.
“We will also expand our global team to bring even more innovation and business value to our customers worldwide.”