SharpCloud is a leading enterprise SaaS platform specialising in strategic portfolio management, enabling decision makers in complex matrix driven organisations to visualise project or process risks, opportunities and interdependencies. Sharpcloud, founded by serial entrepreneurs Sarim Khan and Rusty Johnson, has been helping leaders make better and faster decisions since 2012. It operates across various high value manufacturing sectors and boasts an impressive client list of blue chip companies and governments.
Sharpcloud
Strategic portfolio management software for capital intensive industries
Website
YFM investment
£9.0m
Investment date(s)
2019, 2021 & 2024
Deal type
Growth Capital
Location
London
"We’re really excited to have found and partnered with an investor in YFM that understands and shares our vision. This round of funding comes at a time where we have begun to experience rapid growth, with the SharpCloud product continually garnering rave reviews and subsequent viral effects taking hold. We’re now able to capitalise on the huge opportunity that lies ahead."
Key Information
The Business
Why We Invested
In October 2019, YFM Equity Partners led a £4.5 million Series A investment into SharpCloud to support the continued growth and rollout of its enterprise SaaS product. This investment aimed to capitalise on SharpCloud’s rapid growth and the increasing demand for tools that enable large organisations to visualise complex data across siloed lines of business. SharpCloud has since received subsequent follow-on funding, bringing YFM’s total investment to £9 million, further underlining confidence in its growth potential.
Growth Potential
With YFM’s backing, SharpCloud is poised to:
- Expand Sales and Marketing: Enhance efforts in the UK and the US to grow its international client base.
- Develop Overseas Presence: Establish a US office to take advantage of significant opportunity in that market.
- Advance Technology: Continue developing its market-leading platform to meet the evolving needs of enterprise clients.
Impact and Future Plans
Since the investment, SharpCloud has experienced strong growth, with its product continually garnering positive reviews and achieving viral adoption within large organisations. The company has expanded its team in the UK and the US, further developing its technology and growing its international client base.
As a result of continued investment, SharpCloud has been able to accelerate its growth ambitions by developing the management team, scaling its operations, enhancing its platform’s capabilities, and solidifying its position as a leader in strategic portfolio management and visual business collaboration. The company remains committed to helping organisations unlock key insights and support executive decision-making through their powerful data visualisation product.