Administrate Secures $6.4M Funding to Expand Enterprise Training
Administrate, an Edinburgh, Scotland, UK-based provider of an enterprise training operations platform, has recently secured $6.4M in funding. The investment round was led by Hambro Perks, who contributed $3.8M, and included participation from Archangels, Mercia, and the Scottish Investment Bank. This injection of capital will enable Administrate to further expand its business reach and cater to the needs of its growing North American enterprise customer base.
Under the leadership of CEO John Peebles, Administrate offers a cutting-edge learning technology platform that is specifically designed to handle the complexities of enterprise training.
Renowned organizations such as Royal Caribbean Group, Siemens Healthineers, and Maersk rely on the platform to automate manual processes, efficiently manage intricate training schedules and logistical operations, and extract valuable business intelligence from previously siloed data.
Established in 2012 in Edinburgh, Scotland, Administrate has experienced significant growth over the years. In addition to its headquarters, the company also has offices in Bozeman, Montana. As it continues to expand its operations and serve a broader customer base, the recent funding round will play a crucial role in driving their ambitious growth plans and cementing their position as a leading player in the enterprise training industry.
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