Analytics firm Saberr to extend product with £1m funding boost

Analytics company Saberr has raised £1m in a new funding round led by Angel CoFund.

The London-based firm has now raised £1.7m in investment to date, according to Tech City News, and plans to use the new cash boost to extend its core product.

The CEO of Saberr, Tom Marsden, commented: “Saberr is leading innovation to generate insight to help managers and teams work better together.

“We design technology and apply sophisticated analytics so that leaders can design and manage great teams.”

Speaking further, Tom said the company is “very excited” over the results of the latest round of funding, in which it also drew support from both new and existing angel investors.

He continued: “Our investors’ experience and expertise is invaluable as we look to develop our product and implement it more broadly.”

Since it was established three years ago by entrepreneur Alistair Shepherd, Saberr has worked with a number of international clients, including professional services firm Deloitte and tech giant Microsoft.

Tim Mills, an investment director with Angel CoFund, said: “The team behind Saberr has built a truly innovative and intelligent technology, which helps tackle that most pertinent of questions in a world where the primary structure of working is increasingly the team – how can we predict whether individuals will work well together?

“This behavioural economic approach to HR, combined with Tom and Alistair’s vision for the business, really makes this an exciting investment opportunity.”

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