We’re delighted to announce our investment in CIPHR, a leading UK provider of HCM solutions. The investment will support CIPHR to accelerate its ambitious growth and development plans.
CIPHR is a specialist provider of Software-as-a-Service (SaaS) HR, payroll, recruitment and learning software which connects businesses with their employees via an online platform, CIPHR Connect.
The business’ marketplace offering allows its proprietary HR software to be integrated with customers’ existing tools, taking the strain out of HR admin and improving data accuracy. CIPHR supports 300,000 employees across 50 countries globally, with customers including the Met Office, Natural History Museum and Volkswagen.
The investment marks ECI’s fifth investment in 2020. ECI’s previous investments in the SaaS space include Mobysoft, CPOMS, and Fourth.
Chris Berry, CEO, CIPHR comments: