Craft

Sonovate

Total Funding

$157 M

Revenue

£6.1 M

FY, 2018

Sonovate Summary

Company Summary

Overview
Sonovate is a contract finance solution tailored for the recruitment industry and provides both the funding and back-office support needed to run a successful, efficient contract business. It removes many of the headaches associated with old-fashioned finance products such as Invoice Discounting & Invoice Factoring and frees agencies from the burden of contract administration, allowing them to do more deals, grow sales teams and develop top billers.
Type
Private
Status
Active
Founded
2012
HQ
London, GB | view all locations
Website
http://www.sonovate.com/
Cybersecurity rating
Sectors

Key People

  • Richard Prime

    Richard Prime, Co-Founder, CEO

    • Damon Chapple

      Damon Chapple, Co-Founder, CEO

      LocationsView all

      2 locations detected

      • London HQ

        United Kingdom

        80 Cannon St

      • Cardiff, Wales

        United Kingdom

        4th Floor, 101 Golate, St Mary St

      Sonovate Financials

      Summary Financials

      Revenue (FY, 2018)
      £6.1M
      Gross profit (FY, 2018)
      £3.2M
      Net income (FY, 2018)
      (£6.1M)
      Cash (FY, 2018)
      £1.0M
      EBIT (FY, 2018)
      (£6.1M)

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