Ferrio secures investment to accelerate growth
Summary
We spoke to Co-founder Daniel Blaney about Ferrios offer, moving into their new offices at Sheffield Technology Parks, securing their first investment from Sheffield-based Mandashi, and their plans for the future.Ferrio was established a year and a half ago this week and was founded by Dan, whose background was in helping to automate complex processes in construction and field service companies, and Alex Humphreys who worked as a software developer. You just need a way to tie them together, and thats where our product comes in.Ferrios software is not industry-specific; it has the capability to help any business run better through automation to achieve its growth ambitions. They also see a benefit for small scaling businesses that have achieved product fit with a sales and marketing strategy that works but are struggling with demand because they are bogged down in processes. Ferrio helps build their capacity to be leaner and spread costs.We asked Dan about their own challenges when starting the business, and he said, I love seeing statistics and, when we set up, I knew we had less than a 10% chance of succeeding. They have developed an innovative product and have already built a customer revenue stream, which Im sure will grow substantially over the next year.As Ferrio starts to accelerate its own growth they have recently appointed a new developer from the Rise programme in Sheffield, a programme Dan was also a beneficiary of when he moved back to Sheffield after his studies.