Manchester rail tech start-up gains £650k funding
Manchester-based tech start-up Raildiary has secured £650,000 investment.
The firm has gained the funds from the Rail Supply Growth Fund and Angelgroups to support its continued expansions in the UK and abroad.
The company’s Sitediary app, available on a subscription basis, contains digital project management tools and aims to save time and money for construction contractors by moving away from their traditional paper shift records.
The investment will help Raildiary increase its workforce and accelerate its product development work, leading to the creation of market-leading data collection and analysis tools for the rail construction industry.
“This investment is a fantastic opportunity for us to develop our business,” said Raildiary MD and founder William Doyle.
“The funding will support our product growth and allow us to transform the way the UK and international rail markets deliver their projects.”