Edinburgh’s Administrate secures €3.5M to help clients streamline their training operations

Edinburgh-based Administrate, a cloud-based training management platform, announced on Monday, August 19th, that it has secured £3M (approximately €3.5M) in funding from Investment Fund for Scotland (IFS), managed by Maven and delivered by the British Business Bank.

The company will use the funds to launch its new AI scheduling software and expand its market reach to its diverse group of international customers which includes Siemens, Royal Caribbean, and Maersk.

“It’s an exciting time for Administrate and our customers – we’ve been thrilled with the positive impact we’re seeing with the scheduler and other platform improvements, and this investment will allow us to continue to invest in and scale our offering,” says John Peebles, CEO of Administrate.

Typically, large enterprises struggle to effectively manage their training programmes, with 80 per cent still delivered in the classroom and managed on spreadsheets.

Here’s where Administrate comes into play!

Administrate: Learning and training management platform

Led by John Peebles, Administrate is a cloud-based training management platform that helps clients streamline their training operations.

The software integrates with a customers’ existing Learning Management System (LMS) and critical business systems, acting as a hub to manage training and scheduling.

The funding coincides with the launch of the company’s new AI-powered scheduler that allows enterprise customers to plan, schedule, and optimise complex classroom training activities at scale.

“The software developed by Administrate is already being used successfully by several multi-national organisations and this funding boost will enable the business to take that one step further with inbuilt AI. Technology is one of Scotland’s fastest growing sectors, but ensuring entrepreneurs have access to funding opportunities through the likes of the Investment Fund for Scotland is essential to ensure that momentum continues,” says Mark Sterritt, Director of Nations and Regions Funds, at the British Business Bank.

The investor

IFS – Maven Equity Finance provides investment of up to £5M to support ambitious earlier and later-stage businesses across Scotland. 

This transaction marks the fifth investment made by IFS Maven Equity Finance. The Fund has also backed 3D printed micro-tumour specialist Carcinotech, MedTech company, Calcivis, Glasgow University spinout, Nami Surgical, and premium Indian readymeal provider, Praveen Kumar.

“Administrates’ platform automates the challenges faced by large-scale organisations and allows clients to deliver a leaner and more cost-effective training solution. We’re delighted to support John and the team at an exciting stage in the company’s journey and look forward to working with them to drive the business forward,” says Rob Stevenson, Investment Manager at Maven