Progress Capital Companions has signed a binding settlement to spend money on Nurtur Group Ltd, a agency which supplies software program and information to the property company and residential mover market.
Nurtur provides a collection of six core merchandise throughout lead attribution, advertising and marketing automation and property-focused information insights to assist suppliers to the house mover market higher serve their finish shoppers.
Damon Bullimore, chief government of Nurtur, mentioned: “We’re delighted to have obtained funding from GCP. We particularly focused GCP as a associate on account of their specialism in investing in know-how companies, wonderful observe file of supporting worth creation and the supportive partnership type they provide.
“Nurtur is at a essential level of its evolution. Our merchandise ship effectivity, ROI and perception for shoppers, enabling them to turn out to be information pushed and automatic. We’re extraordinarily enthusiastic about our new improvements that are already driving worth for shoppers.
“On the identical time, we prolong a honest thanks to Toscafund, for his or her invaluable assist and partnership over time, they’ve been an excellent investor and a major contributor to our development journey.
“We imagine that GCP is the proper investor to assist us via this subsequent section of development, and we’re wanting ahead to the partnership.”
Nurtur has industrial relationships with the most important property company teams within the UK.
The partnership between GCP and Nurtur will assist the enterprise in constructing on its place within the UK by deepening its consumer relationships and know-how partnerships whereas investing in innovation and new merchandise, together with its new conversational AI answer and world referral system.
Matthew Siebert, Toscafund associate and Nurtur NED, mentioned: “Toscafund has been invested in Nurtur and its predecessor since 2015 and has been delighted to assist underpin the expansion of this thrilling software program enterprise during the last 9 years. We’re equally as happy to proceed to assist the following section of development backed by GCP.
“Damon and the entire group have constructed a novel suite of services and products which are resonating with shoppers from SoHos to enterprise prospects. Because the enterprise enters its subsequent section of development, by including a brand new specialist investor similar to GCP will guarantee a robust footing for Nurtur to maneuver ahead with confidence.”
