Top 100 law firm, Birketts, has assisted leading software company, Matterlab Ltd (Matterlab), in securing investment from a group of high net worth individuals for an undisclosed sum. The Matterlab team include directors, shareholders and co-founders, Mark Thorley, David Flynn and Radu Gidei.
Founded in 2019 and headquartered in London, Matterlab Ltd specialises in digital consulting and software development for the construction industry. Its team works closely with leading organisations in the building industry to design strategies and software for advancing workflows. This investment will help accelerate the growth of its consulting division and cloud platform.
Birketts’ team was led by Senior Associate Heidi Jones (pictured) (Corporate) with assistance from Associate Nicholas West (Employment). They worked closely alongside Hayley Sheppard of Rickard Luckin.
Heidi Jones, Senior Associate in Birketts’ Corporate Team commented: “Matterlab have cornered the market in the AEC industry and I have no doubt that this exciting investment will help them to diversify their offering even further. I wish Mark, David and Radu and the rest of the Matterlab team all the best as they embark on the next phase of their business strategy.”
Mark Thorley, co-founder of Matterlab concluded: “We were delighted with the guidance provided from Birketts throughout our fund raising, finding them to be very efficient in helping us navigate this complex process. This investment will allow our team to grow and build further capabilities into our cloud platform moving forward.”