Plandek

SaaS platform using big data analytics to deliver insight and metrics to aid software delivery.

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Sector

Cloud and DevOps

Location

London

Deal type

Growth Capital

Investment size

£3.45m

Investment date(s)

2022

Website

plandek.com

"This fund raise enables us to leverage our global reputation - by extending our intelligent analytics IP and scaling our sales and marketing effort across Europe and North America. We were looking for a thoughtful investment partner who is in it for the long-term to provide intelligent, patient capital to help us on our journey. We believe that we have found that partner in YFM."

Charlie Ponsonby, CEO, Plandek

The business

  • SaaS platform that provides end-to-end metrics and analytics to understand and optimise how software development is being delivered
  • Used by enterprise customers globally in the private and public sectors and widely across PE-owned portfolio companies to ‘lift the lid’ on the software development process to track and drive improvement in software delivery speed, quality and predictability
  • Recognised as a ‘leading global vendor’ in the fast-growing area of DevOps known as ‘Value Stream Management’ by Gartner and Forrester

The strategy

  • Continued investment in technology to maintain product leadership including AI/ML based actionable insights and descriptive analytics features
  • Scale sales and marketing effort across Europe and North America
  • Further investment in customer success, frictionless onboarding and strategic partner channels
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