Enterprise training operations platform Administrate raises $6.4M to automate training logistics

7/15/2023, 12:54:30 AM
Administrate, an UK-based enterprise training operations platform, announced that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank, and that it had added Hambro Perks as a new capital partner, according to the press release.Funds will be deployed to support the company's growth and continue to meet the needs of its growing North American enterprise customer base.Founded in 2012, Administrate provides a scheduling and logistics platform used by some of the biggest brands in the world to manage their complex global training operations.The company said customers would experience an 80% reduction in manual activities after implementing its platform, and its new AI-powered scheduler has experienced accelerated customer demand in the last six months.Besides the headquarter in Scotland, Administrate also has a USA office in Bozeman, Montana.