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Gousto

Buoyed by its strong growth, Gousto achieved “unicorn” status in 2020, when it completed a funding round at a $1bn+ valuation

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Miss Group

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← Back to portfolio Porfolio / Bloom Procurement

Bloom Procurement

UK’s only public sector procurement marketplace offering an end-to-end managed procurement solution

Company overview

Bloom Procurement was founded in 2011 by the executive chairman, Adam Jacobs and has a unique proposition as the only independent marketplace for the public sector to buy and manage contracts. Bloom compliantly awards public sector contracts to its dynamic supplier base across a wide range of professional service categories.

Website
Bloom

BGF stood out to us as an investment partner because of their approach to minority equity investment and the fact they take a long-term view. This combination was very attractive to us as a business. The team demonstrated a good understanding of our business and market together with a clear track record of successful investments in a similar space and of businesses at a comparable stage of their growth journey. The investment allows us to invest in the development of our technology and bolster our senior talent in order to achieve our goals.

Adam Jacobs, Founder

Company information

Head office
  • Gateshead
Founder
  • Adam Jacobs
CEO
  • Amabel Grant
Chair
  • Diane Cheesebrough
BGF office
BGF team
Investment date
  • Apr 2021
Total BGF investment
  • £14m

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