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2cloudnine secures strategic financing from PFG

2cloudnine has secured strategic funding from Partners for Growth (PFG) along with other notable investors.

This funding will accelerate 2cloudnine’s growth in both existing and new markets, empowering more staffing and healthcare organisations globally with an end-to-end workforce management and payroll platform that provides a single source of truth for employee and customer data.

2cloudnine CEO, Adam Edmondson, shared his excitement: “This is fantastic news for our business and central to delivering on our growth strategy. Today, staffing and healthcare organisations in Australia and across the globe depend on 2cloudnine applications to run their mission-critical workforce management and payroll processes. This funding enables us to strengthen our presence here in APAC and expand into other global markets.”

PFG’s Investment Manager, Stephanie Hamlyn, added: “It was very clear early on the value 2cloudnine provides to its customers, which makes us really excited about the product and technology they’ve built. The labour markets here in Asia Pacific are complex and traditionally have lots of manual processes. The 2cloudnine platform enables its customers to shift from manual intensive processes to one digital cloud-based solution. We’re looking forward to partnering with 2cloudnine on their next phase of growth.”

2cloudnine offers the only enterprise workforce management and payroll platform native to Salesforce, with features such as payroll, pay (award) interpretation, time & attendance, and billing. Its platform is available in multiple languages and serves organisations across various countries. 2cloudnine’s customers include Allegis Group, Protech, PeopleIN, Anglicare and Healthcare Australia.

PFG is dedicated to partnering with entrepreneurs and companies driving growth in global tech and innovation. With a history spanning almost four decades, PFG has collaborated with over 230 companies from more than 20 countries in tech-centric sectors. To find out more about PFG, visit https://www.pfgrowth.com.

2cloudnine was advised by EM Advisory on the funding secured from PFG and other investors.

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