Panintelligence, the Leeds-based data visualisation, reporting and analytics software developer, has secured £4.5m Series A funding from YFM Equity Partners and Comhar Capital.
The Panintelligence ‘Pi’ suite of software enables businesses to use data in almost any format to trigger bespoke reports, and visualise trends in real-time, helping businesses to lower costs and inform strategic decisions.
The business, led by CEO Zandra Moore, CTO Ken Miller and operations director Charlotte Bailey, was established in 2014 and employs 40 staff at its Leeds head office.
Earlier this year it reported a 23% jump in first-half turnover to £1.1m, having grown turnover by 25% to £1.8m over the whole of 2018.
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. YFM is investing £3.5m for a minority stake, alongside an additional investment of £1m by Comhar Capital.
Moore said: “We’re immensely proud to have grown from a handful of people into a leading-edge BI software business with international clients.
