Technology firm backed by ‘six-figure’ funding package

Polly Barnfield

A technology business which uses artificial intelligence to help organisations listen and engage with their customers through social media has been backed by a “six-figure funding package”.

Shropshire-based Maybe Solutions is to create 10 jobs and open an office in Birmingham as part of its growth plan.

Its ambitions have been backed by the Midlands Engine Investment Fund, through a fund managed by Maven Capital Partners.

Polly Barnfield, chief executive at Maybe Solutions, said: “We are delighted to have received this funding package from Maven and MEIF, which will help us unlock a new exciting phase of growth for the business. This is an extremely exciting time as we expand our team and operations into Birmingham.”

Maybe’s e-commerce platform enables users to react to the conversations happening around them on social media platforms such as Facebook, Twitter, YouTube and TripAdvisor.

By interacting with followers, influencers and other audiences in personalised conversations, the Maybe platform aims to increase its customers’ sales, conversion rates, and deliver insights from target audiences that improve product design, marketing and the overall customer experience.

Andy Povey, investment manager at Maven Capital Partners, said: “The management team brings a fantastic mix of experience from retail, marketing and technology to fuel the development of this platform in a marketplace forecasting high growth in the coming years.”

Click here to sign up to receive our new South West business news...
Close