Automation provider Autto has raised $1m in funding through a combination of UK government grant funds, angel investment and participation from UK legal platform Tangible.
The funding will be used to evolve the London firm鈥檚 SaaS platform, which is designed to deliver simple automation.
The funds will also fuel further research, in partnership with the University of Exeter, into the adoption of 鈥榣awtech鈥�.
Autto鈥檚 technology is designed to automate routine tasks, enabling staff, and is targeted at professional sector organisations keen to embrace emerging technologies.
Ian Gosling, CEO and co-founder of Autto said, 鈥淭his funding announcement is a huge milestone in Autto鈥檚 journey. It signifies a growing appetite for our solution and an affirmation of the need for simple-to-implement technologies in the workplace.
鈥淲e have great ambitions for the company and this funding will help us to expand our capabilities and help our customers on their automation journeys.鈥�
Robert Reynolds, Founder & CEO at Tangible added: 鈥淎utto provides a simple yet effective solution to the needs of our internal and external clients.鈥�
Co-founders Ian Gosling, Max Cole and Kriszti谩n Ker茅k have sustained interest from angel investors led by serial technology angel, Sean Phelan, demonstrating a continued confidence in the success of Autto.
New investment from Tangible was secured after the company trialled Autto鈥檚 solution on existing Fortune 500 clients.
鈥淲e鈥檝e seen first-hand the benefits derived from the creation of its workflows, and we wanted to play a part in its future development.鈥�
鈥淎utto provides organisations with a dynamic platform to automate the necessary to enable the exceptional. To drive adoption, Tangible will be building out a library of workflows (what we call Catalysts) and launching them into the market in the coming months in partnership with Autto.
鈥淲e are excited about the possibilities of working with Autto to help drive the next stage of its journey.鈥�