HypaShip secures further investment

The investment will ensure HypaShip continues to provide the most comprehensive full-featured software in its current markets, while also funding expansion into new geographical areas. Concentric have an impressive track record in active ownership and strategic assistance with high growth European tech businesses, and we are confident that we have the basis of another successful partnership” said Neil Gold, CEO, HypaShip. Julian Carter, Founding Partner, EC1 Capital commented: "Were delighted to welcome Concentric and look forward to continuing to grow HypaShip. We believe that HypaShip can capitalise on a large and growing market opportunity with their innovative delivery management software for ecommerce, third party logistics and carrier operators." Headquartered in Witney, Oxfordshire our current annualised volume is in excess of 50m parcels per year, with committed new business wins and organic development expecting to increase this figure to over 100m by the end of 2017.