RoleMapper, an AI-powered job management platform, has received a £1m equity investment from the British Business Bank’s South West Investment Fund, contributing to a total £2.1m funding round with additional support from Mercia Ventures, QantX, and other private investors. This funding aims to fuel RoleMapper’s growth and job creation efforts.
The technology offered by RoleMapper revolutionizes job, skill, inclusivity, and compliance management, facilitating job design and description processes across various industries and integrating seamlessly with HR systems. Based in Exeter, RoleMapper is collaborating with global brands, local authorities, and NHS trusts. This investment marks the largest by the South West Investment Fund since its inception, showcasing its commitment to fostering innovation and economic growth in the South West region.
Words from those involved in the funding round:
“RoleMapper has a strong leadership team with experience building and scaling businesses in the B2B and HR space. They have recently pivoted their offering to address an identified market need and their AI powered tech is helping major corporates and public sector organisations manage their responsibilities as equal opportunity employers. We look forward to working with them as they expand.”
— Ralph Singleton, Head of Equity, South West at The FSE Group
“Rolemapper has gone from start-up to scale-up in just a few years, harnessing AI technology to transform how businesses and organisations manage their workforce strategy. We’re delighted the South West Investment Fund is supporting their further growth, with what is the fund’s largest deal to date.”
— Jody Tableporter, Director, Nations and Regions Investment Funds
“We’re pleased to continue to back the team at RoleMapper. They have shown great tenacity against a tough economic backdrop and successfully reshaped their strategy to solve the immediate issues facing clients. As a consequence, they’ve continued to win impressive blue-chip customers, proving the need for their solutions in the market. We expect them to have another strong year in 2024.”
— Rafael Joseph of Mercia Ventures
Featured image: Credit: RoleMapper
