Capita Scaling Partner is our corporate venture arm that partners with B2B startups and scaleups who have an innovative tech solution that brings value to Capita’s public and private sector clients.
Our growing portfolio of B2B tech companies focus on a range of areas including customer experience, artificial intelligence, augmented reality and social value. We turn traditional venturing on its head by providing full-time, dedicated employees to open new sales channels, widen partner networks and build partnerships with large corporate organisations. As a result, companies within our portfolio see an average growth per annum of over 200%.
We provide our partners with a unique set of services which ensures businesses within our portfolio achieve tangible outcomes. These services are built on three core pillars:
01
Access to Capita’s unrivalled network of clients and suppliers, developed over the last four decades
02
Dedicated, full-time employees from the Capita Scaling Partner team placed within the business to unlock opportunities and accelerate sales
03
The credibility that comes with the backing of Capita
Adepto
Acquired by Degreed, a US-based learning experience platform, in 2019. Capita Scaling Partner partnered with Adepto in 2018. After signing up Capita as a flagship client, we helped the founding team successfully grow the platform, facilitating valuable introductions to high profile customers and partners in the UK and overseas. Alongside this, we supported Adepto through a significant funding round in 2019 and their exit to Degreed in 2020.
6x
Revenue growth over the 18-month partnership
65%
Of revenue growth has come through opportunities generated by Capita Scaling Partner
OBRIZUM
OBRIZUM became one of Capita Scaling Partner’s portfolio in 2021. They are a cloud-based adaptive learning platform that allows organisations to create, deliver and monitor online learning. Since entering the partnership, OBRIZUM has seen Annualised Recurring Revenue (ARR) grow by 15 times. The Cambridge-based firm has had more than 300 qualified introductions resulting in contracts with Capita clients including Tesco Mobile, BSI and Gas Safe Register. In November 2022, OBRIZUM closed a successful Series A funding round of £10 million.
15x
Annual recurring revenue growth in the first 18 months of partnership
£10 million
Successful Series A funding round closed in November 2022
Capita Scaling Partner is a unique model. We saw first-hand the value of their expert team in unlocking growth opportunities for their partner companies. This enabled us to develop the business and position ourselves for a successful exit.
Partnering with Capita Scaling Partner has proved a gamechanger for our business and has given us access to public and private sector clients that would otherwise have been beyond our reach as a startup tech firm. I would highly encourage any ambitious startup or scaleup to apply to join the portfolio.
CSP has already supported a host of transformative, early-stage businesses, achieving rapid results that outperform expectations.
Our team is at the heart of what we do, with each member bringing a unique set of strengths and operational experience. Led by our senior leadership with more than 20 years of collective experience in corporate innovation and startup growth, our focus is to deliver value and innovation to Capita and our clients alongside growth for our startups.
Pete Budge, Managing Director
Pete has been instrumental in the growth of Capita Scaling Partner since its inception in 2017. His innovative approach and relentless pursuit of excellence have been instrumental in carving out CSP’s unique business model and approach.
Jessica Bonner, Director
Jess has been a steady voice in the Capita Scaling Partner team since inception. She fundamentally believes in the importance of large and small organisations partnering successfully to build better outcomes for the future. Jess has built an excellent understanding of the UK tech sector having engaged with hundreds of tech SMEs over the past 5 years.
Chris Muir, Director
Chris brings visionary leadership and an adeptness for recognising and capitalising on emerging trends. Through his sales experience, forward-thinking approach and dedication to continuous improvement, the portfolio has experienced significant growth under his management.
Oliver Walter, Director
Oliver brings a combination of sales leadership experience and strategic thinking to the team. His ability to dissect complex challenges and transform them into actionable strategies underpinned by technology has been key to solving challenges in the public sector and commercial world.