ClearPeople Ltd – the developer of Atlas, a leading B2B SaaS digital workplace product for Microsoft 365, in partnership with PwC as lead advisor, received one of The FSE Group’s largest growth capital investments to date. With this investment, ClearPeople will extend its marketing reach to fuel growth, targeting greater than £5M ARR by the end of its next financial year.
ClearPeople is led by co-founders Katya Linossi (CEO) and Gabriel Karawani. Since its early days, the company has quickly expanded to work with clients across EMEA. Its clients span a variety of sectors, including law and professional services, financial services, construction and engineering.
Showing accelerated growth, the company was accepted into the PwC Raise programme last year. “PwC were instrumental in helping us focus our message and refine our models to accurately reflect the value of Atlas to future investors,” says Katya Linossi. A strong relationship naturally developed with David Booth of The FSE Group who manage part of the £100M Greater London Investment Fund (GLIF), set up to support innovative businesses with a commitment to grow in London.
The investment was closed in August 2022 and the funds will be used to accelerate growth of Atlas sales via focused investment in marketing, sales and customer success. Katya Linossi said "We are really excited about the next stage, with this funding supporting us on that journey, we will continue our 100%+ annual ARR growth trajectory.”
Barry Wakelin, Operations Director said "Working with PwC has helped us refine our messaging and financial modelling and introduced us to a broad range of potential investors for now and for the future. It was great to engage with David and The FSE Group who have proven to be attentive and supportive during the contract negotiations. We’re extremely excited to be able to use the funds to deliver greater than £5M ARR by the end of our next financial year."
"The Greater London Investment Fund delivered by The FSE Group supports both early-stage and established SMEs looking to scale-up and realise their growth ambitions. ClearPeople demonstrated all of the key attributes that we’re looking for in a transaction including a strong and stable management team, excellent product proposition, and extensive customer and revenue base. We look forward to supporting ClearPeople in their next phase of growth" said David Booth from The FSE Group.
"It has been a pleasure working with Katya and the team, and we're really pleased to have helped them close their round with The FSE Group. With the pandemic pushing people to remote working, it has been great to see Atlas in action providing an intuitive digital workspace for a long list of blue-chip clients. I look forward to watching them expand in the US over the coming months, following this investment round!" concluded Thomas Hudson from PwC Raise.
About ClearPeople
Built on Microsoft 365, Atlas, by ClearPeople, is the most advanced Digital Workplace and Intranet platform in the market. In a single and intuitive interface, Atlas connects people to what matters most at work by solving the problems of having dispersed digital tools, too many silos and stuff that’s hard to find.
Atlas empowers your people by reducing technology friction, enabling remote and hybrid working, and increasing productivity and employee engagement.