SurveyMe closes £2m funding round
Mobile survey app developer SurveyMe has closed its initial £2m funding raise in partnership with investment manager Deepbridge Capital. Enterprise Investment Scheme qualifying investment was raised via Deepbridge’s Technology Growth EIS proposition.
The funding has enabled SurveyMe to open an office in California as part of a strategic move to target the US market as well as fund opportunities to establish key partnerships in other global territories, with users across 159 countries.
SurveyMe’s novel application enables companies to quickly capture bespoke, real-time mobile consumer and employee feedback, at point of experience, for business intelligence purposes.
Lee Evans, Founder & CEO at SurveyMe, commented;
"This has been a terrific year which has seen SurveyMe continue to expand globally. Thanks to our excellent partnership with Deepbridge Capital, the growth capital raised has enabled SurveyMe to expand our R&D team in Stockport and also successfully launch our US operations in Irvine, California. SurveyMe is now being used in over 250 cinemas in 29 US States and by a wide range of other businesses in 159 countries. We look forward to continuing our highly professional partnership with Deepbridge Capital as we accelerate our growth through a million users and 1,000 cinema locations later this year."
Ian Warwick, Managing Partner at Deepbridge Capital, commented;
“We are delighted to be working with SurveyMe to help them achieve their strategic ambitions. The app itself is unique in the market place and the team at SurveyMe has delivered on key objectives. Specialising in providing exciting investment opportunities to private investors, it is important that we work with innovative companies that have the potential for global scalability. SurveyMe continues to drive innovation in its sector and we remain confident of being able to deliver real returns for our investors.
“Where possible we always try to continue funding our portfolio companies so that they remain funded correctly and have the best opportunity to grow as planned. We therefore look forward to discussing future funding requirements with the management team at SurveyMe.”
Speaking about the SurveyMe application, Gina DiSanto, President of National Association of Theater Owners of Pennsylvania commented:
“We started using SurveyMe in our movie theaters 12 months ago and cannot believe how easy it is to use and the information gained from it. This app also acts as a marketing tool for each theatre location. There are many benefits of using Survey Me for theatres large and small across the USA.”
Lee and Nicola Evans, SurveyMe