Sirenum secures first external funding round
Sirenum, a UK-based provider of technology solutions for innovative temporary staffing agencies, has announced its first round of outside investment, led by a quartet of technology investors: seasoned investment manager Bill Currie, construction technology entrepreneur Dermot O’Grady, Intrinsic Capital founding partner Mark Horrocks, and former Tesco CEO Sir Terry Leahy.
The new investment will expedite Sirenum’s growth beyond its current geographic footprint, facilitate growth in markets outside of staffing, and allow for refinement and expansion of its product suite.
“This is the culmination of lots of hard work. It is a pivotal moment for the company. It will change how we operate, how we are perceived and how we think,” said founder and CEO Benjamin Rubin.
“It will open the door to developing new capabilities, facilitating new hires, embracing new technologies, and seeking new opportunities.”
With the investment, Sirenum leadership plans to drive deeper penetration into the United States and Europe, where the company has recently closed large deals in Poland, Switzerland, and Spain to add to its existing enterprise clients in Belgium and Italy. Additionally, the investment will enable the company to continue to expand
functionality as the world’s leading enterprise-grade solution for temporary staffing agencies.
“We are excited to be investing in Sirenum at such an interesting time on its growth journey,” said Bill Currie on behalf of the investment group. “We look forward to working closely with the team to help achieve its full potential.”