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Focus Group becomes a unicorn with new investment from Hg to support continued growth in the UK SME sector.

Apr 15, 2024over 1 year ago
SussexInformation TechnologySoftware

Investors

Hg

Description

Focus Group has secured investment from Hg, an investor in European and transatlantic software and services businesses, to support its organic growth plan, M&A ambitions, and product development initiatives, enhancing its ability to deliver innovative solutions for the UK SME sector.

Company Information

Company

Focus Group

Location

Sussex, England, United Kingdom

About

Focus Group is a provider of business tech to SMEs, offering digital workplace solutions, communications and software solutions, connectivity, and value-added IT services. It was founded in 2003 by Ralph Gilbert and Chris Goodman in Brighton & Hove, UK.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers