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Salesforce consultancy that has worked with the FT and American Express raises £1m

Makepositive, the London-based consultancy which supports businesses in their adoption of Salesforce, has raised a combination of £800k equity finance alongside a £200k loan facility from P2P lender RateSetter.

The business, which is one of the San Francisco cloud business’ key European implementation partners, plans to significantly increase headcount and grow out its consultants, sales and marketing teams and expand its R&D as a result of the latest funding.

According to makepositive, the funding round has already facilitated the expansion of its workforce from 80 to 125, and Director, Matt Cooksley, said that the company had even more ambitious expansion plans on the cards.

He commented: “With our investment in R&D, we are hoping to build out our Intellectual Property to provide cost-effective and innovative solutions for our customers.

“We will be re-investing constantly in that whole process to continue to expand our position in the market: We have plans to raise our staff headcount from 125 to 200 in the near future.”

Makepositive has already worked with the likes of FT.com and American Express to support their implementation of Salesforce, the widely used cloud-based customer relationship management (CRM) platform. The company also works with businesses to provide custom integrations of the software with their pre-existing tools and programs.

Paul Marston, Managing Director of RateSetter Commercial Finance, said: “This is the sort of successful company, with massive potential and a huge appetite for growth, that should be provided with the right sort of finance to support its ambitions.

“We stand ready and able to match those aspirations with a quick and efficient route to the cash they need to fuel their continuing development and expansion.”

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