ARKK win Best Digital Innovation at the Tolley’s Tax Awards
Our tax transformation platform, for:sight won the highly coveted Best Digital Innovation award..
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Download ChromeARKK is a UK-based Software as a Service provider that replaces outdated single-purpose finance tools with smart technology, empowering finance teams to unify, process and gain insights from their data more quickly and accurately.
Having first backed ARKK in 2019, when the business had just launched its software platform, for:sight, Mobeus has now invested over £7 million. Since our initial investment, the business has developed that platform, as well as its team and operations. With this further investment round, ARKK will progress additional for:sight features and modules to meet growing demand from clients, including a significant number of FTSE 350 companies and accountancy firms.
As part of this financing, Mobeus has strengthened the Board through the addition of Graham Ridgeway as a Non-Executive Director, who will provide additional B2B software experience.
Richard Metcalfe, ARKK CEO, commented, “for:sight’s successful application to Making Tax Digital has driven growth to date. Strong demand for further functionality from our client base is propelling innovation and this additional funding from Mobeus will allow us to unlock that growth more quickly by overcoming the challenges faced by finance leaders.”
The Mobeus deal team comprised Matt Mead and Amaad Mahmood. Amaad added, “We’re incredibly excited to continue to back ARKK’s high quality team, who have shown incredible resilience over COVID and grown the business across all segments, including a significant increase in recurring revenue.”
Mobeus was advised by Boyes Turner (legal).
Our tax transformation platform, for:sight won the highly coveted Best Digital Innovation award..
Learn moreARKK's for:sight platform attracts £5m to give leading companies confidence in their tax and...
Learn moreARKK offers a range of solutions to help finance teams with their statutory and regulatory...
Learn moreOur for:sight platform offers a robust solution for tax teams, and its machine learning capability Fix & Verify takes its functionality to the next level.
Fix & Verify can not only save your tax teams time but also help to avoid errors by scanning 100% of your transactional data for anomalies such as incorrect VAT codes and manual keying errors.
This is crucially important in an era where tax administrations are pushing towards insight, accuracy and transparency.
We believe your tax department could benefit from Fix & Verify within for:sight. Want us to look at your data and prove it? Request a demo today and our team will be in touch.