A Lancashire proptech firm, which is used by some of the country’s biggest construction companies, has secured a 7-figure loan from NPIF – Mercia Debt Finance.
Clitheroe-based Glider will use the cash to create 15 new jobs in order to meet growing demand as the industry increasingly adopts digital technology.
“Digital technology is transforming construction and property management, which offers a huge opportunity for Glider,” said Nick Hutchinson, co-founder and Managing Director.
“This funding will enable us to strengthen our management and engineering teams, and put the right structures in place as we prepare to scale the business.”
The company’s software provides a secure online platform for managing asset information throughout the entire lifecycle of a building, so architects and contractors can share project information and models at the design and construction stage. On completion, owners can then manage their buildings and wider estates more effectively.
“Glider is a pioneer in the field of building information management and has built a client base that includes many leading names in the industry. The time is now right for the company to prepare for future growth. The funding will enable the team to put the foundations in place to take it to the next level,” said Mike Rogers of Mercia.
Glider said it has almost trebled its turnover in the past 3 years and more than doubled the number of staff. It now employs 35 people and plans to increase that to 50 in the next year.