Anility Attracts Another Round of Significant Investment 💰
Portfolio Company and 10x Accelerator cohort 3 alum, Anility, has clinched vital venture capital to bolster financial scrutiny within the construction sector, a significant step at a time when insolvencies are hitting record highs. Amidst a cost-of-living crisis affecting businesses and consumers alike, Anility's advanced SaaS platform is a beacon of hope for an industry seeking stability.
The significant investment, led by a generous stake from David Hicks & Co, signals a strong market need for Anility's AI-enhanced financial assessment tools. These tools aim to cast a revealing light on the financial health of organisations, crucial for maintaining a robust supply chain amidst economic turmoil.
Patrick Connolly, Anility's CEO, underscores the urgency for such innovation in the backdrop of soaring business challenges. "In an era where the cost of living is escalating and construction companies are facing unprecedented financial strain, our technology is not just advantageous—it's essential," he says.
The partnership with David Hicks & Co is not just financial; it's strategic, combining Anility's tech prowess with the firm's financial acumen. The investment will fuel Anility's mission to expand their tech capabilities, enhancing their ability to identify financially weakened businesses before they disrupt the supply chain.
As the industry confronts these economic headwinds, Anility's recent capital raise and their solutions stand out as key to navigating and mitigating the risks of insolvency.
For detailed information about Anility's role in steering the construction sector through these challenging times read our recent Portfolio spotlight or visit https://www.anility.io/
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