Induction Manager raises €400,000 in investment round

Trade

3 October 2013

Induction Manager has just completed a €400,000 funding round consisting of contributions from angel investors from Boole Investment Syndicate, Halo Business Angel Network, Enterprise Ireland and other private investors.

Nine new roles will be created at the company’s Dublin headquarters in the areas of sales and customer support.

Induction Manager is an online induction platform for large organisations in UK and Ireland. Customers of Induction Manager customise the platform to suit their needs and pre-induct both contractors and employees before they arrive to start work. Some 90% of its business comes from the UK. Its customers include including Adobe, Pfizer, British Gas and Sodexo.

Sean Fennell, co-founder, Induction Manager said: "We were doing well and had a number of high profile customers on board, particularly in the UK so we knew there was an opportunity for us to grow faster and create more jobs.

"Having a number of customers onboard before we approached the investors offered additional credibility to our business. Now that we have secured the investment, we are taking on additional employees and with our strong growth path, I foresee additional positions being created early next year."

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