Keel Raises £4.6M in Seed Funding

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Summary

Keel, a London, UK-based provider of a platform for building custom operational software, raised £4.6M in Seed funding. The round was led by Earlybird and LocalGlobe. The company intends to use the funds to expand operations and its development efforts. Founded by Benoit Machefer, Jon Bretman, and Tom Frew, Keel allows customers to sequentially adopt, tackling one pain point at a time, while retaining the third-party software that still works for them, separating them from the restrictive “all-in-one” offer of many ERPs. The platform, which comprises a backend engine, API-first solutions, and auto-generated admin tools, allowed early customer HIVED to build driver shift management and is now looking at adding finance, facilities management, and payroll functions, all developed by one member of the ops team.

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Amount $5.8M Total raised
Date October 31, 2024 Announcement date
Investors - Lead investors
Company - Funded company

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