Investee Company Name: TEKenable
Investment Amount: €1.6m
Industry: Technology Software
Reason for Investment: Expansion and Growth capital
The Goodbody 2019 EIIS fund invested €1,600,000 in TEKenable in 2020.
TEKenable is an Irish SME that is delivering the latest innovative business solutions to forward thinking public and private enterprises both in Ireland and the UK. TEKenable operates in a number of sectors including Healthcare, Financial Services and the Public Sector. In 2019 the Company was named Technology Business of the Year (Business All-Star Awards), were listed in the Deloitte Fast50 and won the Deloitte Impact Award.
The Fund’s investment of €1.6 million in TEKenable is to provide a working capital facility for it’s growing business.