Workprove

Workprove, a Sunderland-based tech firm specialising in skills management, has successfully secured a six-figure funding round. The investment was led by Northstar Ventures’ Venture Sunderland Fund, with additional contributions from Creative UK’s North East Fund and angel investors.

Summary of transaction details:

• Value: Undisclosed six-figure sum
• Sector: Software & SaaS
• Advisor: Not disclosed
• Key Entities: Target: Workprove; Lead Investor: Northstar Ventures
• Location: Sunderland, UK (Target company)

Note: This strategic funding round is intended to fuel Workprove's significant growth plans, including an expansion of its team and projected revenue targets, supporting its recent rebrand and new office move for future-proofing operations.