Canberra-based digital transformation company Intelledox has announced the closing of a $4 million round from Ellerston Ventures, which will be used to accelerate the business’s global expansion and build out its software product.
The company’s flagship software ‘Infiniti’ helps businesses bring their stacks of paperwork online, through digitising traditional paper-based processes and automating document generation.
Infiniti also holds tools for online data capture and mobile forms, allowing businesses to complete work on the go. The software can be integrated into servers or accessed through the cloud, and is targeted at consulting and financial service firms.
Intelledox cofounder and Chief Innovation Officer, Philip Williamson said the funding serves as validation of Infiniti’s ability to help transform the traditional processes used by businesses.
“To have attracted such high-caliber investment validates our ability to transform the way companies approach process improvement. We look forward to working with our board, our passionate team, and our innovative customers and partners to drive better digital transformation results with a customer focused and data-driven technology offering,” said Williamson.
Williamson established Intelledox in 1991 beside cofounder Michelle Melbourne, with the pair building a local customer base before expanding internationally.
Currently spread across Australia, Asia, New Zealand the United States, Intelledox serves 15 million users across the globe.
Last year saw the business grow its sales across all regions by 50percent, growth which Intelledox CEO Ray Kiley accounted to the “trend” of businesses looking to digitise their paper-processes.
“In the age of the customer, organisations across the world recognize the critical need to support their digital transformation efforts with a customer-centric approach, and Intelledox is well-positioned to take advantage of this trend. This capital gives us additional resources to innovate rapidly, expand quickly and strategically into new markets, and deliver on our customer-centric vision around the world,” said Kiley.
Ellerston Capital Investment Director, David Leslie, who will be joining Intelledox’s Board of Directors, said the firm is excited to help Intelledox increase its international customer base and gain solidify its international footing.
“Intelledox has built a solution that solves a major problem for organisations, whether they are large and complex or small and focused, the platform accelerates speed to market and flexibility around business processes and customer interaction. We are excited to support such an incredible Australian business and their amazing team, during their high growth journey,” he said.
Image: Philip Williamson & Michelle Melbourne. Source: Intelledox.