Funding sees Manchester firm RealityMine expand in Australia and US

RealityMine, a provider of market research technology headquartered in Manchester, has doubled its turnover and staff numbers after securing six-figure funding from The North West Fund for Digital and Creative earlier this year.

Since it received the £750k investment six months ago, RealityMine has grown both in the UK and overseas, launching its first Australian presence with an office in Sydney and expanding its operations in America with new facilities in San Jose and Chicago.

The growth abroad has allowed the firm to take on more members of staff in its Manchester head office, including a new chief financial officer and heads of its Product, Commercial and Development divisions.

RealityMine’s CEO, Garry Partington, said: “The funding package we received has enabled the business to focus on expansion, and to set ambitious growth targets.

“We are in an exciting position, expanding our business across three continents simultaneously, and I’m looking forward to growing our Manchester team over the next year.”

Now, the firm is hoping to increase its turnover further in 2015 and grow its staff base to 250.

AXM Venture Capital manages The North West Fund for Digital and Creative. Its investment director, Fred Mendelsohn, commented: “RealityMine has demonstrated enormous growth potential in the last three years, and operates an impressive operation across the Atlantic and in the UK.

“In the six months since our investment, we have seen staff and turnover double, and with further strengthening of the team in the next year, the region will be handed a considerable jobs boost by the end of 2016.”

He continued: “By providing an extensive funding and support package, we are able to demonstrate our impact on the firm’s operations in the North West, offering RealityMine the opportunity to maximise their growth at home and overseas.”

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