A London-headquartered firm which provides cloud software to the arts sector plans to increase the workforce at its Manchester office.

Spektrix, which also has a base in New York, raised £5 million funding earlier this year from Foresight Group Venture Capital Trusts and currently employs 20 people in customer support, engineering and research and development.

The firm increased turnover to more than £500m in 2018 from £378m the year before while it started working with 74 new organisations, including London’s Barbican Centre, taking its client base to 412.

Founded in 2007, its software assists companies with ticketing, marketing, fundraising, analytics and customer relationship management. Tickets for events and exhibitions sold through the platform grew to 22m in 2018.

“In addition to continuing our years-long pattern of double-digit annual growth, we won the confidence of Europe’s largest performing arts venue and secured investment to support further expansion and development,” said Michael Nabarro, CEO and co-founder of Spektrix.
 
“Our successes in 2018 are a testament to a customer-first approach and making sure we are seen as a trusted partner, helping arts organisations grow their businesses.”

Leon Gray, Head of Business Transformation for Aberdeen Performing Arts, added: “Spektrix offers a level of automation and new opportunities for us to improve the customer journey.”

“Adopting Spektrix keeps us at the forefront of ticketing operations and provides our audiences with a better booking experience.”