2023

Whether its software for salons, shopping delivery, smart kitchens or workplace productivity, these indigenous companies are using their own technologies to ...

Clients include Amazon, Bupa and Clipper Logistics, and the firm counts Zoom founder Eric S Yuan among its investors. Accounts for parent Ndevor Systems Ltd show turnover grew from €16.6m to €21.5m last year, although the company made a loss of €4.4m after making a €665,000 profit in 2020. The company added five staff last year, bringing employee numbers to eight. Phorest previously raised €20m in 2018 and was backed by Enterprise Ireland and the Halo Business Angel Network as an early-stage company. [Workvivo](https://www.workvivo.com/) [raised $38m this year](https://businessplus.ie/news/workvivo-series-b/) after experiencing growth of 150% year-on-year growth for the past three years, and the Cork company now has offices in Boston, London and Dublin. Buymie made a further loss of €5m in 2021, bringing its total losses to €11.1m to date, but its services are estimated to be available to 2m households across Ireland and the UK through its app. [Fresco](https://frescocooks.com/) in April won €18m in financing from existing investors and three appliance brands interested in its smart kitchen platform and said it would use the funds to build a “world-leading experience for the connected kitchen." Accounts show Keelvar made a loss of €4.7m last year, bringing its net liabilities to €11.3m, but the company is forging ahead with development of its software packages in anticipation of increased sales in the coming years. Inclusion recently secured a further €5m in investor funding in October, and a number of insurers are now using Inclusio to underpin a new Valuing Openness, inclusive Culture & Equity (VOiCE) benchmark to help the sector improve in terms of D&I. [Inclusio](https://inclusio.io/) aids efforts to improve diversity and inclusion in the workplace through its platform, which is used by companies to collect diversity data through questionnaires and provide training through nudge learning. [Sandra Healy](https://businessplus.ie/interviews/sandra-healy-inclusio/), who also established the DCU Centre of Excellence for Diversity & Inclusion spent four years researching and developing the platform, and the company has built a client base in the global professional services sector. [Irish unicorns](https://businessplus.ie/tech/irish-unicorns/) earlier in 2022, and there are a number of indigenous Irish software companies raising large sums and looking to follow in the online ordering giant's footsteps.