NEWS27 November 2019

Panintelligence raises £4.5m Series A funding

Financials News Technology UK

UK – Data visualisation and analytics software developer, Panintellignece, has secured £4.5m from YFM Equity Partners and Comhar Capital in Series A funding.

YFM – which has a track record of backing UK tech business – is investing £3.5m for a minority stake, with Comhar Capital investing £1m.

The Panintelligence ‘Pi’ suite of software means businesses can use data in almost any format to trigger bespoke reports and visualise trends in real-time, helping lower costs and inform strategic decisions. 

The business, led by CEO Zandra Moore (pictured, right), CTO Ken Miller (pictured, left) and operations director Charlotte Bailey, was established in 2014 and employs 40 staff at its Leeds head office.

Originally developed in the credit and banking sectors, the software has a security-first ethos that has proved successful in highly regulated sectors including financial services, healthcare and education. 

Panintelligence software currently has more than 200,000 users worldwide across industry sectors including retail, education, local government and healthcare.

Mike Clarke from YFM and Craig Wilkinson from Comhar Capital will join the Panintelligence board.

Moore said: “This Series A capital allows Panintelligence to take advantage of the huge opportunities we are seeing in global markets, particularly the US. We chose YFM and Comhar as our partners as they shared our ambition to grow the business in the right way to maintain the culture and the brand.”

@RESEARCH LIVE

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