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Immedis Raises $50M in Funding from Lead Edge Capital

Immedis Raises $50M in Funding from Lead Edge Capital

12/07/20, 1:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgdublin
Money raised
$50 million
Immedis, the leader in consolidated global payroll solutions, today announced that it has secured a $50m strategic investment from Lead Edge Capital, a growth-stage investment fund based in New York and California. The valuation of this Irish technology company has grown to over $575m in just 18 months, since the last round of financing led by Scottish Equity Partners, who remain investors in the Company. This investment will support global growth, including the opening of a West Coast and Singapore office to service the increased demand from US and APAC clients. Immedis was founded and is majority owned by Terry Clune of the Clune Technology Group.

Company Info

Company
Lead Edge Capital
Location
dublin, california, united states
Additional Info
Lead Edge Capital is a growth stage investment fund that has raised over $3 billion in capital since inception. The firm is active across the technology landscape, primarily focused on software, internet and technology enabled services investments globally. Current and former portfolio companies include Alibaba Group, Asana, Bazaarvoice, Duo Security, Signal Sciences, Spotify, Toast and WorkHuman Lead Edge offers its entrepreneurs flexible capital and extensive domain expertise via its robust Limited Partner Network, a global advisory group of leading executives, entrepreneurs, and dealmakers who have built and run some of the world’s most successful companies. Lead Edge leverages its LPs to connect companies with the customers, partners talent and advisors needed to accelerate success. The firm was founded in 2009 and has offices in New York City and Southern California.

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