EXM Insight, the next-generation solution for portfolio monitoring and value creation for the Private Equity industry, has successfully completed a £400,000 funding round with a £200,000 investment from the Enterprise M3 Growth Fund.
EXM-Insight is designed to help Private Equity general partners to define, communicate and control the execution of their business strategy around the concept of “Value Creation Drivers”. With a unique technology to extract financial data directly from companies’ accounting systems, EXM also ensures the timeliness and integrity of data contributing to the monthly and quarterly reports of the funds.
Currently, there are no other businesses operating in the marketplace that can offer a similar digitised product solution to that of EXM-Insight. Working on any device, the software helps standardisation of processes across a portfolio to improve visibility, control and potential to drive higher efficiencies, profits and exit valuations.
Juan Manrique, Founder of EXM Insight, commented:
Value creation is a vital aspect of managing a Private Equity portfolio and EXM offers the digital solution to align all stakeholders and accelerate the process of creating value. All the while providing accurate, timely financial and operations data to make real-time decisions, ultimately supporting portfolio managers to achieve greater profitability and growth. We were really pleased to be able to secure the funding to ensure that we can continue to grow the business by offering the best agile software solution for this industry.
Kathy Slack OBE, Enterprise M3 Chief Executive, said:
I'm delighted that we’ve been able to invest in EXM-Insight through the Enterprise M3 Growth Fund; encouraging innovation is at the heart of everything we do. The digitisation of our economy is becoming increasingly important to businesses so to see a company innovate and create a bespoke financial product unlike anything else on the market is fantastic and something that our area can be rightly proud of.
The Enterprise M3 Funding Escalator II is £10 million initiative funded by the EM3 LEP. The escalator, which includes an expansion loan scheme, a trade finance loan scheme and an equity growth fund, provides eligible companies with loans and equity funding between £50,000 and £300,000 for activities that will deliver high-growth and employment opportunities across the EM3 area.
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