BGF, First Derivatives invest in AuditComply

The investment is the first to be jointly made by the backers following a partnership agreed in February 2017 that was intended to combine BGF's financial backing and executive network with First Derivatives' technology capabilities.

The fresh capital will enable the business to develop new products focusing on real-time analytics and supply chain auditing.

AuditComply existing backer Clarendon Fund Managers also took part in the round, via the CoFundNI vehicle.

Company
Headquartered in Belfast and founded in 2014, AuditComply develops risk management software for use in the engineering, healthcare, automotive, manufacturing, food and logistics sectors.

People
BGF – Matt Singh, Paul Stevens (investors).
First Derivatives – Brian Conlon (CEO).
AuditComply – Kevin Donaghy (CEO).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• BGF (Business Growth Fund)
• Venture