Mobysoft Receives Investment from Livingbridge
Summary
Mobysoft, a Manchester, UK-based predictive software for social housing providers, received an investment from Livingbridge’s Enterprise 2 fund.The company intends to use the funds to grow its UK social housing market share, increase investment in people and extend the use of predictive analytics into other areas of social housing.Founded in 2003 by CEO Derek Steele, Mobysoft provides RentSense, a Software as a Service (SaaS) based predictive analytics service which delivers prioritized workload to social landlords.Using a range of data, the company’s algorithms present social housing officers accurate workload information.The software is used daily by 91 social housing operators managing c.1 million properties.
Funding
Amount
-
Total raised
Date
October 16, 2017
Announcement date
Investors
LivingBridge
Lead investors
Company
http://www.mobysoft.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Software Development
SaaS
Social Housing Technology
Linked Companies
Mobysoft
$1M to $5M