Belfast based public sector impact SaaS platform completes first funding round
IN BREIF:
- Polyloop will transform the way public sector organisations measure the impact of their spending
- Its round is one of the highest valuation seeds out of Northern Ireland in the last 12 months
- The funding will enable co-founders Ralf Alwani and Jak Spencer to grow their workforce, develop more product features and expand into new markets
What does this mean?
Chief Executive Ralf Alwani said: “Building on our reputation of working internationally on creative interventions with public bodies, Polyloop will be global from the outset, looking to transform the way governments tackle projects and manage outcomes. Many civil servants work hard, day and night, to do great work. We want to highlight that and build up a picture through our tracking suite that allows them to make pivotal decisions in real-time based on data-driven evidence. Ultimately, this will allow our clients to refine and act on better-connected social impact projects from a local to global level.”
