GCV Leads £150,000 Investment Round Into Disruptive MediaTech Company, n-gage.io
Durham, UK
Growth Capital Ventures has led a £150,000 investment round into n-gage.io, a MediaTech Software-as-a-Service (SaaS) company that offers a highly customisable, cloud-based attraction management software solution and powerful mobile visitor app for the global attractions industry.
The investment opportunity into n-gage.io was made available exclusively to GCV Invest members, who committed the full £150,000 allocation within a few hours of the opportunity being announced. The SEIS-eligible seed round will help n-gage.io expand its operations and continue to develop its innovative technology.
This is the latest SEIS-eligible investment opportunity led by Growth Capital Ventures, an FCA authorised investment firm specialising in impact driven co-investment opportunities across alternative asset classes. The investment into n-gage.io reflects the firm's commitment to supporting innovative solutions that address real-world demands.
n-gage.io leverages powerful technology to enhance the visitor experience at tourist attractions around the world, and was co-created and launched by GCV Labs – the venture builder division of GCV that helps startups accelerate their growth – in conjunction with experienced entrepreneur Bryan Hoare.
Through n-gage.io, attractions across the world – from wildlife parks to sports stadiums – can improve their visitor experience and levels of audience engagement. The company’s powerful attraction management platform draws upon data powered and generated in an array of ways – including beacon technology – and can offer data-driven insights for clients to better understand and engage with their audience.
Craig Peterson, Chief Operating at GCV, explained "We are excited to back n-gage.io and support its mission to transform visitor attractions around the globe. We believe that n-gage.io has the potential to become a leading platform for international attractions, and we look forward to working with the team to help them achieve their goals."
Commenting on the investment, Dan Smith, Investor Relations Director at GCV, said "We are thrilled to invest in n-gage.io, a company launched by our in-house development team at GCV Labs. GCV Invest’s expertise in supporting high-growth companies and GCV Labs’ focus on disruptive technologies creates an ideal partnership to scale n-gage.io and take the company to the next level."
Bryan Hoare, CEO of n-gage.io, commented “We’re developing n-gage.io to transform audience engagement and the visitor experience, leading to more loyal and engaged customers for our clients.”
“Mobile optimised experiences strive to increase engagement, yet many are still lacking innovation in technology and content delivery, failing to meet audience expectations. Covid-19 highlighted the importance of technology more than ever, showing how important it is to maintain links with your audience when a national and global crisis disrupts business.”
“With this £150,000 investment from GCV’s private investor network and the support of the GCV Labs venture builder team, we are in a position to drive forward the development of the platform and enter the market to begin transforming the visitor experience for attractions around the globe.”
About Growth Capital Ventures:
Growth Capital Ventures is an FCA Authorised Investment Firm that operates across two business units:
GCV Invest – Private Investor Network for experienced investors specialising in alternative investments across three core asset classes: venture capital, private equity and property.
GCV Labs – Impact-driven Venture Builder dedicated to launching products and new ventures that make a positive difference to society, the environment, and the economy.
With offices in the North East of England and London, GCV has a proven track record of creating, launching, scaling and exiting businesses, providing investors with the ability to access tax-efficient opportunities and build a well-diversified investment portfolio.
Contact: 0330 102 5525
For media enquiries, please contact Harvey Hall, Investor Communications and Marketing Executive: harvey.hall@growthcapitalventures.co.uk