Ed-Tech company secures six-figure investment from North East entrepreneurs

A marketing ed-tech company has secured a six-figure investment from six prominent North East entrepreneurs to accelerate the growth plans of its marketing education SaaS platform, both nationally and internationally.

Fabric Academy is poised to expand further with the support of a high-profile investment panel that includes Mike O’Brien, founder and co-chair of Opencast Software; Richard Lane, co-founder and CCO of durhamlane; Helen Whitfield, board level executive; Raman Sehgal, founder & global president of ramarketing; Paul Dyson, CTO and co-founder at Singletrack and Michael Lavery, CEO of Brand and Reputation.

The company has secured the funds following some key client wins across multiple sectors that includes renowned brands such as Indeed, Boots, Revolution Beauty, 118118Money, Savills, itsu, and The Body Shop.

Launched by Lisa Eaton in 2021, Fabric Academy offers a CPD-accredited online programme for established and aspiring business professionals to level up their strategic knowledge and enhance their marketing skills in line with the latest industry standards.

Richard Lane of durhamlane said: “Lisa and the Fabric Academy team have created a unique programme that enables professionals to learn and develop their strategic marketing skills in real-time, by solving real world challenges and delivering back meaningful outcomes.

“The Fabric programme is a must for every marketeer who wants to create impactful and long-lasting results for their business, I am delighted to have been invited to invest in the business.”

Michael Lavery of Brand and Reputation added: “With businesses spending between 8-30 per cent of their revenue on marketing, the need to ensure a stronger return on investment is at the heart of Fabric’s vision to embed strategic capacity within the marketing workforces of the world’s most ambitious brands.”

The investment will allow the company to secure key hires and expand the product range on its SaaS platform to further develop their partnerships both domestically and in the North American market. Fabric Academy has already collaborated with notable companies globally where its software has been used to train and up-skill their marketing teams.

Founder and CEO Lisa Eaton said: “We are thrilled to have received investment from such accomplished entrepreneurs who have achieved remarkable success. We have created a platform to disrupt the traditional marketing education space by empowering marketers to learn and develop a live marketing strategy for their organisation and crucially receive mentoring and coaching from leading industry practitioners.

“With a significant number of businesses already seeing the impact of the Fabric programme, and with this investment, we’re now rapidly expanding Fabric’s reach.”

By Mark Adair – Correspondent, Bdaily

• Add me on LinkedIn and Twitter to keep up to date
• And follow Bdaily on Facebook, Twitter and LinkedIn
• Submit press releases to editor@bdaily.co.uk for consideration.

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →