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Goodman Derrick Advises Lead Funder on Concentra Funding Round
Solon Ventures was the lead funder amongst a group of institutional and private investors.
Concentra is a leading technology and business consulting firm utilising data analytics via a proprietary SaaS (software as a service) platform, helping businesses improve operational performance. Its products are used across business sectors, but with particular application in healthcare-related businesses.
Concentra recently won the Sunday Times Tech Track 2011 award for technology innovation and was recognised as 26th in the Top 100 growing technology companies in the UK.
The new funding is to be used in part to realise the interests of founder shareholders, and in part to provide working capital for the further development of Concentra’s business.
Solon Ventures is a venture capital firm investing in the healthcare and technology sectors.
Corporate partner Paul Webb commented: “We were delighted to act for Solon Ventures in relation to the Concentra funding round. Concentra is an exciting business which has embarked on an impressive growth trajectory. Acting for market leading innovative companies and their funders is an important part of Goodman Derrick’s own successful growth strategy”.