Servasport have this week announced that they are seeking a Series A investment of €2 million on the back of successfully securing €550,000 from WhiteRock Capital Partners.

The company is working with investment advisors PKF-FPM and Grant Thornton, who expect to close this new funding round in the first half of 2016.
 
Servasport is a software enterprise company that manages people and events for sports organisations and brands that are seeking to build, manage and engage particular communities.  It does this through its mobile, cloud based software-as-a-service (SaaS) platform, which means it is deployed through the internet.
 
The Irish event and sports software technology firm has forged a strategic relationship with Microsoft, who have been providing hands on technical and operational support to help transform it into a global leader in their sector.  

More recently, Servasport has been selected to join the Microsoft VIP Partner Programme, meaning that the Servasport platform will now be marketed through the Microsoft Global Sales Network.
 
Commenting on its investment in Servasport, Paul Millar of WhiteRock Capital Partners said, "Servasport have an impressive track record and now have an exciting opportunity to establish themselves globally through the support of Microsoft as a strategic partner.

"Through our funding, Servasport can accelerate their growth plans and ultimately enhance the company’s position for a Series A investment."

One in three people in Ireland are already on the Servasport platform. The company is a supplier of technology to the largest sporting body in Ireland, the GAA. Servasport manage and streamline daily interactions for the organisation, from grassroots local members right through to the senior executive team in Croke Park headquarters. 

Source: www.businessworld.ie