Enate, a Cheltenham-based intelligent automation platform, has received a follow-on investment round of £2 million from Mercia, a growth-focused investment firm.
The company will use the funds to accelerate its geographic footprint, extending its client and partner coverage in existing and new market verticals in the UK and across the globe.
Alongside funding, the company also announced the appointment of new CEO James Hall, previously the founder and CEO of Genfour, a Robotic Process Automation (RPA) specialist.
James Hall, Enate’s new CEO, says, “I am delighted that Mercia is delivering on their promise of being a long-term value-add partner to us. Mercia sees the successes clients such as TMF, CapGemini and LBG have with our technology. As a result, Enate is becoming ‘the’ platform for clients embarking on digital transformation and intelligent automation at scale and in their operations.”
Process orchestration platform
Founded by Kit Cox in 2017, Enate is a SaaS process orchestration platform that enables enterprises to efficiently manage a hybrid workforce of humans and digital workers and simplifies end-to-end business processes.
The solution gives executives an overview of how their enterprise operates and provides data insights that can be harnessed to improve operations.
With Enate, clients can plug and play any technology (RPA, AI, cognitive, NLP, machine learning) from any vendor to get digital fast.
The platform enables the delivery of services from multiple locations to local standards while maintaining complete visibility and control (including the automation of KPIs and SLAs), all aligned to detailed reporting of cost and productivity.
Enate also unveiled several partnerships in the US and India, including agreements with ISG, Infosys, and Tech Mahindra.
Jason Warren, a partner at Mercia, comments, “Enate has been at the forefront of championing the value of process orchestration software, which is reflected in the richness of its technology for the hybrid workforce and the fact they are one of the very few providers who can evidence process orchestration at scale, with proven customer benefits.”
“We continue to be impressed by the value Enate delivers for its clients and is delighted to support the team with further funding. Digitisation initiatives and the need to enable a remote workforce were existing trends that have accelerated further post-pandemic, and Enate has a key role to play here. Also, as the macro environment becomes more challenging for firms, the operational efficiency Enate can deliver is increasingly important. We think there is an exciting opportunity for the business to expand internationally, particularly as they continue to build out partnerships.”
