ENCOMPASS Corporation, an Australian data analytics firm that opened a UK base in Glasgow last year, has received £3.6 million funding to accelerate the expansion of its rapidly growing operations.

The funding was led by Scottish Investment Bank, the investment arm of Scottish Enterprise, which has committed £1.8 million to the business. Co-investment came from Sydney-based Adcock Private Equity Group.

Wayne Johnson, co-founder and chief executive of Encompass, said: “The overwhelming support by Scottish Enterprise and Scottish Investment Bank will ensure that Encompass can speed up its expansion and support the company’s growth in Glasgow.”

Read the full article on The Herald.

Glasgow data firm to expand with £3.6m funding

ENCOMPASS Corporation, an Australian data analytics firm that opened a UK base in Glasgow last year, has received £3.6 million funding to accelerate the expansion of its rapidly growing operations. The funding was led by Scottish Investment Bank, the investment arm of Scottish Enterprise, which has committed £1.8 million to the business.

about encompass

Founded in 2011 by entrepreneurs Roger Carson and Wayne Johnson, and operating from the UK, encompass is the creator of unique, innovative Know Your Customer (KYC) software for banking, finance, legal and accountancy that enable better, faster commercial decisions. The company is driven by the belief that the best decisions are made when people understand the full picture.

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