Slick+, an innovative Irish software start-up, has today announced a significant funding milestone of €500,000, with €150,000 secured from Enterprise Ireland through its High Potential Start-Up (HPSU) programme. This investment, which is match funded by Growing Capital VC, comes with an additional €200,000 to be unlocked based on performance, and will fuel the company’s growth and product development.
This funding marks a crucial step for Slick+ as it addresses the challenge of capturing, curating, and sharing organisation-specific knowledge in the hybrid world of work. The investment will enable the creation of 12 new jobs over the next 12 months, primarily in product development, marketing, partnerships and customer success roles.
Founded in October 2023 and co-located between Sligo and Galway, Slick+ has developed a short-form, video-based social learning solution that brings a consumer-grade experience to the world of work. Currently working with more than twenty corporate clients, the platform is the result of more than 12 months of research and development, working closely with universities, companies and end-users.
Linda Hegarty, CXO and co-founder of Slick+, said: “This investment from Enterprise Ireland is a testament to the potential of our innovative solution to knowledge sharing and to the dozens of organizations we support and partner with. In today’s hybrid work environment, ensuring that organisational knowledge is accessible and engaging is more crucial than ever, particularly for onboarding (and retaining) new hires and mentoring virtual teams. With this funding, we’re poised to expand our team and accelerate our product development, bringing our solution to more businesses across Ireland, the UK and beyond.”
Donnchadh Cullinan, department manager, ICT HPSU, Enterprise Ireland added: “Enterprise Ireland supports innovative start-up’s that offer solutions to global problems. Slick+ novel and innovative easy-to-use solution provides an effective approach to tackling the challenges of knowledge management in the modern workplace. Enterprise Ireland congratulates the team at Slick Plus on its recent investment raise in which EI is participating. Enterprise Ireland is proud to have provided this support and looks forward to continuing to work with Slick Plus as it executes and internationalises. Today’s announcement will further allow Slick Plus to grow and compete and bring its platform to the next level”.
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