Manchester-based company, Red Flag recently obtained £4.5m worth of funding for future expansion. The firm specialises in business data analytics and intelligence to predict, global compliance risk, growth, and insolvency.
UK companies and consumers keen to fund businesses in Britain often reach out to financial experts for investment advice in Chester, Manchester, and other major cities in the north. Independent financial advisors (IFAs) like wealth managers can be counted on to run an impartial and expert eye over opportunities, and provide a detailed report on the potential risks and returns involved.
Red Flag currently employs close to 50 personnel and has developed a Software as a Service (SaaS) business intelligence platform featuring modular capabilities such as compliance, risk management, prospecting and financial health assessments. It sells this to an expanding corporate customer base.
According to the company, its success is founded on the high level of service it provides to its customers, along with continually investing in its product offering to deliver new functionality to platform users.
MD for Red Flag, Rich West, commented:
“We’re not afraid to upset the status quo of the market, and that has led to strong growth in our area. We’ve gone from 9 to 50 in just 2 years and this investment will help us to grow even larger to meet the expectations of our customers.”
Red Flag recently debuted its third-generation platform, accompanied by an updated and exceptionally intuitive accuracy scorecard, providing an enhanced user interface and functionality, empowering accelerated growth.