A Teesside tech enterprise began simply weeks earlier than the primary nationwide lockdown has secured a £1m funding to assist it develop.
Stockton agency Opportuniti has developed expertise that permits small and medium sized companies to win contracts with the general public sector, joking that it makes securing work from Authorities organisations “as simple as being an MP’s pub landlord on Whatsapp”.
The corporate has now agreed funding from funding fund Gasoline Ventures to permit it to scale-up its expertise and assist extra SMEs win public work.
Opportuniti’s portal simplifies the general public sector tendering course of for companies utilizing good matching algorithms that assist corporations establish the suitable contracts on which to bid.
Since launching final March, the corporate has skilled substantial progress, helped partially with Teesside College’s enterprise assist programme, DigitalCity.
Co-founder Tim Ward, who’s from Hartlepool, mentioned: “When beginning out we knew our answer had a whole lot of potential, however we didn’t know find out how to obtain that potential.
“The DigitalCity Accelerator Programme helped us to realize suggestions and steering as we made key choices and began scaling the enterprise. I’m all the time eager to be taught from others and this was a good way of getting recommendation and steering in a structured, constant means.”
The corporate’s platform has already helped clients seal multimillion-pound offers with councils, NHS trusts and Authorities departments. It’s working with big-name manufacturers together with AECOM, SSE and Talk Plc in addition to 1000’s of small companies.
Its expertise has additionally been recognised nationally, with Tech Nation singling out Opportuniti as considered one of its Rising Stars within the North East.
The corporate’s accelerated success has additionally led to the creation of latest jobs, with plans to make use of 45 new members of employees by the tip of the yr, including to the prevailing group working within the UK, Malta, Canada and the Netherlands.