A growing North East financial technology company has hit a series of milestones as it celebrates its fifth anniversary.
Launched in 2015, by co-founders Norm and Craig Peterson, Growth Capital Ventures (GCV) is an FCA authorised investment firm that supports investors build a diversified investment portfolio whilst helping entrepreneurs raise capital to launch and scale high growth businesses.
Five years after launching, the business has hit a number of key milestones and GCV now employs a team of 22 and has facilitated £35 million of investment into some of the North’s most exciting high growth businesses including challenger banks; Atom Bank and Bank North and technology businesses, Hive.HR and Intelligence Fusion.
Co-founder and CEO, Norm Peterson explains; “The past five years have seen the business evolve significantly. We started life as a technology-led investment firm developing and launching our online investment platform connecting investors to high-quality growth-focused investment opportunities.
Initially, we focused on early-stage business with high growth potential but our investment activity has expanded over the past five years to include growth-focused property transactions too.”
GCV currently operates across three core areas that include; Venture building through G-labs, a private investor network through G-Ventures and specialist investment software development through the businesses’ most recent arm, Quva.
The last five years have seen the team grow from just 2 to 22 people. GCV’s portfolio companies and property transactions have created over 300 high-quality jobs and the team are looking forward to the next stage of growth which will involve strengthening the team further over the coming months.