BookingLive is planning to more than double its turnover in 2020 after securing £1.31 million in new investment from Blackfinch Ventures and the Development Bank of Wales.
Founded by CEO Vinnie Morgan in 2014, BookingLive provides online booking, reservation and customer interaction software to more than 700 private and public sector customers, including Microsoft, BMW, Universal Music Group, the BBC, CAPITA and The City of Westminster.
Its SaaS solutions include Enterprise, a full service option for public sector and larger private sector companies, and Connect, a ‘freemium’ booking system for SMEs and start-ups, now used in 47 countries.
The new funding will enable BookingLive to support the rapid increase in customer numbers since the launch of Connect and help it to expand its operations in the US, where it recently opened a satellite office in Charlotte, North Carolina.
The company expects its Enterprise product, which has been embraced by local councils across the UK, to prove equally popular with America’s 100,000 public sector agencies.
As part of its growth plan, BookingLive has announced that it will be relocating its company headquarters to Cardiff during 2020.