UK-based automation solutions company Enate recently announced that it has raised $2.8mn in a Series A funding round led by Northern Venture Capital Trust (VCT) Funds.
The company said that the investment will allow it to further develop its platform and expand its customer base and distributor network across Europe and Asia.
Enate provides a SaaS Service Orchestration platform that manages a workforce of humans and robots for simplified end-to-end process automation.
On the recent fundraising, Global CEO Kit Cox commented, “We’re particularly proud to have concluded this deal to support our growth during such an unpredictable time. COVID-19 has changed the way we work forever. Enate helps people manage a distributed and diverse workforce and get the job done, which is exactly what businesses need in the current environment.”
Uday Jose, MD – Enate India said, “We are seeing a rapid increase in Enterprise businesses looking beyond task automation and focussing on end to end automation. Enate’s Robotic Service Orchestration (RSO) & Workflow technology augments RPA deployments to seamlessly connect it with human teams. This essentially delivers inter-operability between humans & bots within a single connected ecosystem. Our customers can achieve automation for long-running complex processes with many human touchpoints that couldn’t easily be automated otherwise.”
He further added, “We are also seeing some of India’s large Systems Integrators work with us to take new propositions to market around enterprise-wide automation and transformation programs. Enate’s technology is simple, flexible, easy to configure, and rapid to deploy – usually in single-digit weeks. We’re thrilled to be backed by Northern Venture Capital Trust, managed by Mercia, and their belief in our technology & the potential it represents.”
Founded in 2017 by automation industry expert Kit Cox, Enate’s platform facilitates effective orchestration of tasks across humans and bots to enable end to end automation. Enate’s customers include names like Capgemini, Capita, and Mizuho. The company was named a Hot Vendor 2019 by HFS Research. It has a team of more than 50 people across their UK and India offices.
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