Inflexion announces minority investment in WithWise as Quinn advise on Human Capital planning
With support from The Quinn Partnership, Inflexion has announced that it has made a minority investment in WithWise (“Wise”). The business is a software provider for logistics delivery firms serving the e-commerce sector. The investment is being made by Inflexion Enterprise Fund V.
Wise was founded in 2019 to cater to the fast-growing e-commerce market by providing software to support a network of last-mile delivery providers who work with carriers such as Amazon, DPD and Hermes. The Wise platform is currently used by over 250 UK logistics firms and 14,000 self-employed drivers to manage everything from onboarding to document storage and compliance.
The investment and expertise from Inflexion will support Wise as it continues to grow rapidly, offer more services to existing customers and expand into new sectors.
“In a short space of time Wise has established itself as an emerging champion within this high growth, specialist software niche. An explosive e-commerce market combined with Wise’s market-leading offering make the business extremely well placed to continue its impressive growth.”
Simon Turner, Managing Partner, Inflexion
“Since founding Wise, we’ve been on a truly incredible journey and built a business we’re all proud of. Now, with this investment from Inflexion, we’re excited to move on to the next stage of the Wise journey. We’ll continue to improve the technology for our existing clients while we roll out our intuitive platform to a variety of new sectors.”
Simon Hills, Chief Executive Officer, Wise
“The Wise business has shown entrepreneurial flair, spirit and dynamism and sales acumen in establishing its niche and its compelling position and achieving fast growth in an expanding market. In working with Inflexion Simon and the business will move to further professionalise and strengthen its infrastructure and deliver on its strategy with best-in-class support and expertise as it seeks to enhance its technological capabilities, consolidate its strong growth and scale its platform to offer to new sectors and clients.”
Mike Stiles, Director, The Quinn Partnership
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