A Leeds-based tech company specialising in remote working software has raised £400,000 in investment.
Flabba’s software is used by the Home Office and the NHS and has raised the funding from NPIF – Mercia Equity Finance and angel investors.
The company was founded by Colin Rhodes, a HR professional who had worked for enterprises including Microsoft, and software engineer Anthony Marris.
Flabba’s platform integrates with standard videoconferencing software such as Zoom or Microsoft Teams to provide a complete workflow solution.
It enables professionals to collaborate with colleagues in different locations and manage projects from start to finish – for example booking appointments, managing and sharing documents, recording meetings and creating reports.
The funding will enable the team to work with existing partners Zoom and Microsoft Teams to develop apps, and with Amazon Web Services to incorporate machine learning. Flabba, which currently employs nine staff, is planning to create a number of new jobs.
Colin Rhodes, CEO, said: “Remote working is here to stay and we are very excited to be driving innovation to make collaboration easier and more effective for everyone. The funding will allow us to add new features, drive uptake across different sectors and establish the Neugo platform as the leader in the field.”
Will Clark of Mercia added: “Flabba’s platform is the next level in remote working and is currently the only one of its type in the market. It has already attracted some high-profile users and partners but the potential audience is huge. The investment will allow the business to build on its ‘first mover’ advantage and accelerate its growth.”
Sean Hutchinson at the British Business Bank, said: “It’s fantastic to see funding from the Northern Powerhouse Investment Fund contribute to the expansion of Flabba, as it looks to work closely with the likes of Zoom, Microsoft and Amazon to incorporate machine learning. We are pleased that NPIF is continuing to act as a springboard for Northern businesses to reach their growth potential and look forward to seeing what Flabba will achieve in the future.”
NPIF – Mercia Equity Finance is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF),