YFM has made a multi-million pound investment in tech business, Vuealta, which will enable the planning and forecasting software and services business to further its growth and overseas expansion.
Vuealta was founded in 2017 and delivers scenario planning and forecasting solutions for supply chain, finance and operations. The business has grown rapidly to a team of 70 staff, with offices in four countries spanning the EMEA, North America and APAC regions.
Vuealta works with customers across a wide range of sectors including global direct-to-consumer beauty company Glossier, growing consumer finance provider NewDay, co-operative dairy company Fonterra and outdoor gear specialist Helly Hansen.
“YFM is backing the vision of Ian (Stone), Adam (Bimson) and the excellent team they have built, on the back of the rapid progress they have made in a growth market,” says David Wrench, a partner at YFM. “Vuealta is a really compelling proposition that is hugely relevant in a post-Brexit and Covid global market.
“We are excited to be involved in this next stage of growth of an innovative British technology business with ambitious global plans, and add to our evolving stable of high-growth UK tech investments.”
