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Venture Capital News: Administrate Lands $6.4M

2023-07-11
BOZEMAN, MT, Administrate, the leading enterprise training operations platform, announced today that it had raised $6.4 million.
Administrate announced today that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank, and that it had welcomed Hambro Perks as a new capital partner. Funds will be deployed to support the company's rapid growth and continue to meet the needs of its diverse and growing North American enterprise customer base.

Administrate is the premier learning technology platform designed to scale and manage the complexities of enterprise training. Organizations such as Royal Caribbean Group, Siemens Healthineers, and Maersk use the platform to automate manual processes, manage complex training schedules and logistics, and access business intelligence from previously untapped and siloed data. The company was founded in 2012 in Edinburgh, Scotland, and has offices in Bozeman, Montana. Administrate was recognized as a 2022 'Great Place to Work' in both the U.S. and U.K.
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