Ashcombe is delighted to announce that it has helped Smart Pension raise a £15m Series B funding round that values the Company at over £65m. The round was led by a Norwegian family office and will allow Smart Pension to accelerate development of its UK products as well as start to explore overseas opportunities.
Andrew Evans, co-founder of Smart Pension, commented: “This fundraise represents a significant milestone for our business and we are delighted to have taken that step with Ashcombe. Their advice and approach have been absolutely key to helping us secure the investment that will allow us to accelerate our growth plans.”
Simon Bullivant of Ashcombe added: “Smart Pension is a first class business and we are very pleased to continue supporting the team to deliver innovative low-cost pension compliance services to UK employers and employees.”
Smart Pension is a technology-led auto enrolment service provided to SMEs that has quickly established itself as the largest independent platform in the market. For more information please visit: www.AutoEnrolment.co.uk.