Tuesday 29th August, 2023
Proactis has secured investment from AshGrove with continued support from its existing shareholders Pollen Street Capital and DBay Advisors.
The new funding supports plans to grow the UK, European, North American and APAC businesses both organically and via acquisition, with this endorsement affirming the strength and robustness of Proactis’ solutions and clear growth potential.
Proactis will continue to enhance its platform with AI and machine learning capabilities, increasing user productivity as well as supporting customers with meeting the evolving compliance landscape such as the Procurement Bill and eInvoicing regulations.
“We are excited to partner with AshGrove, and thrilled by the potential this investment brings. It will strengthen our position to continue supporting our customers in a dynamic and changing market,” says Proactis CEO, Stephen Line.