Hampshire based Software Applications Business Completes £400,000 Funding Round with Investment from the Enterprise M3 Growth Fund

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Hampshire based Software Applications Business Completes £400,000 Funding Round with Investment from the Enterprise M3 Growth Fund

EXM Insight, the next-generation solution for portfolio monitoring and value creation for the Private Equity industry, has successfully completed a £400,000 funding round with a £200,000 investment from the Enterprise M3 Growth Fund, managed by The FSE Group.

Juan Manrique the founder of Hydra and Manfredi Bargioni the COO, executed a spin-out of EXM-Insight from Hydra in 2019 to deliver this innovative digital solution for the Private Equity Industry. It is designed to help Private Equity general partners to define, communicate and control the execution of their business strategy around the concept of “Value Creation Drivers”. With a unique technology to extract financial data directly from companies’ accounting systems, EXM also ensures the timeliness and integrity of data contributing to the monthly and quarterly reports of the funds.

Currently, there are no other businesses operating in the marketplace that can offer a similar digitised product solution to that of EXM-Insight. Operating off any device, this solution has many benefits for Private Equity managers who have continually sought to digitise the core of their operational toolkit, in the knowledge that the greater the standardisation of processes across a portfolio, the greater the visibility, control and potential to drive higher efficiencies, profits and exit valuations.

 Juan Manrique, Founder of EXM Insight, commented, “Value creation is a vital aspect of managing a Private Equity portfolio and EXM offers the digital solution to align all stakeholders and accelerate the process of creating value. All the while providing accurate, timely financial and operations data to make real-time decisions, ultimately supporting portfolio managers to achieve greater profitability and growth. We were really pleased to be able to secure funding from The FSE Group, working closely with Paul to ensure that we can continue to grow the business by offering the best agile software solution for this industry.”

Paul Lyristis, Senior Fund Manager, at The FSE Group, which manages the Enterprise M3 Growth Fund on behalf of the LEP adds: “EXM-Insight offer a great solution for Private Equity investors to drive and monitor value creation for their portfolio companies.  Insight has been designed from scratch as a bespoke solution for Private Equity; we believe that there is no other comparable product in the market. Working with Juan and his team was a real pleasure and we look forward to watching the business continue to grow and to alter the way that PE investors look at their portfolios."

Kathy Slack OBE, Enterprise M3 CEO said: “I’m delighted that we’ve been able to invest in EXM-Insight through the Enterprise M3 Growth Fund; encouraging innovation is at the heart of everything we do. The digitisation of our economy is becoming increasingly important to businesses so to see a company innovate and create a bespoke financial product unlike anything else on the market is fantastic and something that our area can be rightly proud of.”

For more information about EXM Insight, visit  https://www.exm.cloud or contact Sacha Holmes tel: +44 203 884 8890