- Type of finance
- Business need
Developing a tech venture
Over £1 million
“We’re proud to be based in Wales, and firmly believe that Ayoa can help people improve their work processes around the globe."
Cardiff-based OpenGenius develops high-tech software for innovators and creative teams.
Its app, Ayoa, has been used by teams and individuals from Disney, Harvard University, Nike, Ralph Lauren, Coca-Cola and McDonald's to name a few.
Ayoa is the world’s first tool to combine web-based mind mapping, instant messenger and task management in just one place.
Now, following an initial equity investment package of £500,000 from the Development Bank of Wales and a further £600,000 from private investors, it has its sights on global expansion and stock market flotation.
This £1.1m investment will provide OpenGenius with the capital it needs to further refine its innovative SaaS platform, and scale up to accelerate its global expansion plans.