Acquisition of an exciting high-growth SaaS mentoring platform.
PushFar is a career progression and professional mentoring software platform.
Business Situation
PushFar is a SaaS provider offering a market-leading platform designed to enable the creation and scaling of internal mentoring programs for corporates, membership organisations, not-for-profits, and universities.
The business was founded in 2018 and quickly established itself as a prominent competitor in its sector, recently being listed in the longest-running index of the 100 most disruptive and innovative small businesses in the UK by Startups.co.uk. With its strong client relationships and excellent reputation, the business is well-positioned for significant expansion.
Due to our value-added model, the PushFar management team and its shareholders felt we were the right investor to be able to fund the business going forward and take Pushfar to new heights.
The Journey
Mentoring and buddying systems have long been part of corporate life and are becoming more common. Despite these programmes often having been in place for some time, they are typically managed inefficiently, using spreadsheets and other more manual means.
HR leaders are increasingly seeking tools to make the mentoring process more effective and efficient and we feel that PushFar have built an excellent product that is perfectly placed to take advantage of the market opportunity. We are all incredibly excited for the journey that lies ahead.
Visit the PushFar website here.
“We are thrilled to join forces with ScaleUp Capital as we continue to evolve and revolutionise the mentoring space”