Ready. Fund. Grow. – saas
Thursday, 27 September 2018
18:00 - 20:30 (GMT)
EC2A 1AG - View map
- 2:30 hours
- This event is free of charge
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Are you looking to raise external finance to grow your business?
With guests from
The ever-accelerating move to the cloud continues to drive the world of technology. The drive into digital is transforming the delivery of services and underpinning innovative new entrants in the technology and software market, including SaaS.
If you have identified that you need to look externally to raise finance to grow your SaaS Company, how will you navigate the funding landscape and identify which source of finance is the right one for your business? And crucially, how do you avoid wasting your time chasing the wrong funders?
‘Ready. Fund. Grow. – SaaS’ is designed specifically with your business and your fundraise in mind. Our Growth Finance team, together with guests from Octopus Investments, will be providing guidance on how to get your SaaS business in the right shape to raise funding. We will also be presenting information about our respective services to support your growth ambitions.
Our Growth Finance team at Grant Thornton occupy a unique position in the technology market and are experts in preparing you to raise funds for your start-up or scale-up software business. In the past year alone, we have supported with the funding strategy of over 100 debt and equity transactions of up to £10m – and 87% of the businesses we have supported to date have been successful in getting introductions to funders. We understand businesses like yours are vital to the growth of digital business and the UK economy. Our team, as part of Grant Thornton, are independent and work with a number of external providers to bring you information to help you to get ready for your next stage of business growth.
Octopus Investments focuses on building companies that people love and which make a difference across healthcare, energy, property and smaller company financing. Founded in 2000, there are now over 600 Octopus employees, and more than 45,000 people entrust Octopus with over £7.8 billion* of their money across the group. They have built a market-leading position in smaller company financing with more than £950 million invested in over 100 smaller companies making them the UK’s largest VCT manager.
Meet both teams along with some of our contacts from the funding world in The Lounge, Finsbury Square on 27 September for an evening of unique insight and the opportunity to receive bespoke guidance for your SaaS business.
On the evening you will:
- Gain insights into today’s UK early-stage SaaS funding market in the UK
- Hear from HAS Technology Group on their impressive growth journey to date, including the highs and lows of raising a Series A round
- Learn how to create impact with investors and find out how to maximise your chances of success in securing finance – hear first-hand from our guest speakers from Octopus Investments, Clydesdale Bank, Peppermint Technology and Perscitus LLP on what they look for in an investment opportunity.
This will be followed by an evening of networking with other like-minded business leaders, plus the opportunity to book onto one-to-one funding clinics with our Growth Finance team, who will provide you with invaluable support, tailored to your business.
All information accurate at time of publication: July 2018
Adrian Field, Partner, Perscitus LLP
Adrian joined Perscitus in 2015. Prior to this he led the technology deal teams for several high-profile Family Office investors since 2012 having worked at Truffle Capital (leading VC investor in the European markets) since 2006 where he was jointly responsible for the Energy and Cleantech portfolio. Before this he worked at 3i in the Growth Capital team since 2005. Before turning to finance, he began his career as an engineer in various high-tech industries including submarine control systems and was on the core team for the EU hydrogen fuel cell bus program at Excellsis (acquired by Ballard Power Systems) where the company grew from 30 people to over 200 in 2 years.
Arlene Adams, Founder, Peppermint Technology
Arlene has 25 years’ experience in the global tech market. She has held multiple CEO & board leadership positions across a wide range of organisations from start-ups to a $1 billion global tech company. Arlene is the founder of Peppermint Technology - the first vendor to bring a SaaS ERP solution to the UK legal market. She raised private capital to start the business and in December 2015 raised over £10 million from Private Equity to support the future growth of Peppermint. Arlene has worked in several PE and VC backed businesses at various stages of growth and investment.
Mick Crosthwaite, Executive Chairman, HAS Technology Group
Mick Crosthwaite is an entrepreneur and experienced board director. Mick is currently Executive Chair of, PE backed, HAS Technology Group, which provides monitoring technology for Older Adult homecare in UK, Australia and New Zealand. Prior to this Mick led the transformation of Bluebell Group from a simple telecoms reseller to an award winning national provider of SaaS cloud based call management solutions over ten years. During this time he completed six acquisitions funded through combinations of senior debt, mezzanine and equity. The company was successfully sold in March 2016 to NASDAQ listed J2 Global, generating significant returns for shareholders. Mick has a passion for adventure and is a former Special Forces Soldier. He was part of the British Everest Expedition in 1998 with Bear Grylls reaching the South summit, 100m below the summit. He also made a North Atlantic crossing from Canada to Scotland in an open inflatable boat.
Richard Court, Investment Director, Octopus Investments
Richard joined Octopus in 2017 and is responsible for originating and transacting new investments, monitoring portfolio companies and fundraising for the Intermediate Capital team. He has debt and equity investment experience across a wide range of sectors and business sizes. Before joining Octopus, Richard spent 2 years with TPG’s direct lending fund and 5 years at RJD Partners, a UK-focused Private Equity fund. He also worked at Dresdner Kleinwort in the Debt Principal Finance group. He qualified as a chartered accountant with PricewaterhouseCoopers and holds a degree in Banking and Finance from the University of Birmingham.
Stephen Fahy, Senior Director, Clydesdale and Yorkshire Bank
Stephen is a Senior Director in the Growth Finance team at Clydesdale Bank. The Growth Finance team provides non-dilutive funding to high growth scale-up companies, structuring innovative and flexible debt packages of up to £10m. Stephen is a Chartered Accountant, who trained at BDO in Dublin, and has a BBS and a MA from Trinity College Dublin, where he studied Business and Economics. He transferred to BDO's Corporate Finance team in London in 2008, completing numerous mid-market transactions before joining Clydesdale Bank in 2012. Away from work, Stephen is a keen sports fan (including golf, rugby, football, tennis and athletics) and a big music fan (he is a guitarist).