Venn Digital

“We’ve experienced huge volumes of interest since Vennture’s launch. So much so that we needed working capital to help us grow our team in order to meet this demand.”

Brian Whigham, Chief Executive, Venn Digital

Venn Digital received a £500,000 funding boost from NPIF – FW Capital Debt Finance, as part of the Northern Powerhouse Investment Fund to support investment in the growth of its team and the product development of an innovative digital platform for recruitment firms globally.

The Cheshire-based business is a market leader in recruitment agency and employer brands. The business has undergone a significant transformation in recent years, shifting from a digital marketing agency to a tech and service business, specialising in recruitment marketing solutions.

The investment assisted Venn Digital to grow its team with the creation of 45 new roles over a three-year period, supporting the firm’s growth strategy as it expands Vennture, its tech platform for global recruitment agencies.

Vennture is a platform created by Venn Digital that powers a suite of digital applications. It allows recruiters to edit their website and upload jobs within the Vennture dashboard and provides analysis of website performance and product sales. 

This was supported by marketing services provided by Venn Digital. Its launch was a huge success, creating a single sign-on solution for the careers industry. This resulted in a significant increase in the volume of work for Venn Digital, with the business doubling its revenue and its headcount from 20 to 40 people in over twelve months.

The first NPIF investment phase has now completed with the British Business Bank launching the Northern Powerhouse Investment Fund II in March 2024.