Proventeq has secured a multi-million-pound investment from BGF, which will boost its offerings in Enterprise Content Management (ECM) modernisation, Intelligent Information Management, and AI-led innovation.
Following a strong revenue growth of nearly a quarter and with BGF's investment, Proventeq is set to drive further expansion across key regions, including the UK, USA, Europe, and the Middle East.
The company aims to capitalise on the opportunities in data security, compliance, and AI solutions over the coming years.
Nitin Mahajan, CEO of Proventeq, said: “Our goal is to help organisations establish strong foundations with secure and modernised data platforms, enabling them to harness the power of AI and automation.”
Tim Wallis will also join the Proventeq board as Non-Executive Chair and will play a key role in driving forward the growth of the business.