YardOps completes seed funding at a £2.5m valuation
Haatch-managed funds and York Angels back the Hull logistics software company.
YardOps announced a completed seed round on August 3. The company disclosed a £2.5 million valuation but did not disclose the investment amount. Haatch’s SEIS Fund, another Haatch-managed fund backed by the British Business Bank, and York Angels participated.
A new supermarket customer
Alongside the financing, YardOps announced a contract to deploy its software across a supermarket group’s five UK logistics sites. Steve Secker joins the board as non-executive chair, and former Wincanton and DHL executive Martin Dougherty has become commercial director.
Use of funds
Develop the product
Grow sales and marketing across the UK and Europe
Strengthen the senior team