Press Release: September 04, 2019
Operation Armour Ltd, A Startup in Saas Cloud-Based Health, Safety & Environmental Legislative Compliance, Through Participation in Raise Accelerator, Has Secured Pre-Seed Funding From Veteran Silicon Valley Angel Investor.
Belfast, Northern Ireland., August 28, 2019 -- Operation Armour is announcing its first, pre-seed, funding that will enable it to deliver the first functional release of its product in the next quarter. This release will be ready for customers and serve as basis for an institutional seed round.
“Over the past 10 years, I’ve successfully helped clients across a wide range of industries, including: Construction, Engineering, Manufacturing, Logistics, implement robust health and safety management systems that have added real value not just paperwork.” stated Charlene Armour founder and CEO of Operation Armour. “As an auditor for worldwide certification bodies I also found that hundreds of companies didn’t know the law and were being sold generic, boilerplate information and paying consultancy prices. I set out to create a system that would return control to companies at minimal cost and effort.”
Operation Armour Ltd has completed the inaugural session with Raise Ventures.
“I’m thrilled to be working with and helping truly innovative founders like Charlene, who have big, investible ideas” said Jenny Ervine, CEO of Raise Ventures. “This is exactly the profile of opportunities we want, and where we can add substantial value through boot-camp sessions and ‘always-on’ assistance. Armour is very early stage and, even though many would consider this risky, our seasoned entrepreneurs and investors are attracted to it because it represents the highest potential for big returns.” she added.
Tracy & Ian Lyttle, Directors of IL Contracts, a Civil Engineering company in Cookstown, plan to use Armour once it’s available. They stated “In our industry, legal compliance is essential - a mistake could cost us dearly. We’ve worked with Charlene in the past and with everything she had done for us, we have the security we want. When we first heard about her new product, and learned some of the details, we will one of her first customers. With our trust in Charlene and everything we know about her product offering, we can’t wait to get our hands (and compliance) on this.”
David Kirk, who was born in Belfast, but spent most of his career in California (Silicon Valley and San Francisco), has held senior executive positions in world leaders, including Cisco and America Online. Additionally he had apprenticed in the NYC VC industry, where he learned how to spot winners in a field of also-rans. “Armour represents everything we want to see in a high-potential investment: a founder with extensive industry knowledge and domain expertise, who has personally experienced a problem that they can solve, and with the passion to succeed.” he said.
Operation Armour is using this pre-seed funding to build the initial product release, planned for 4th quarter 2019, and use its financial return opportunity and working product, to secure seed funding in the range of £250-£300K. These seed funds will be used to:
- Hire management and staff, including CTO, support, and marketing team,
- Develop product marketing and sales collateral
- Fund marketing campaigns, and sales activities,
About Operation Armour Ltd:
Operation Armour Ltd is a start-up that is grown out of ten years of extensive industry knowledge and experience in health, safety & environmental law and ISO standards that included intimate customer involvement with hundreds of companies. Operation Armour Ltd offers a cloud based technology that allows businesses to identify, manage and keep up to date with legislation in UK & Ireland, aptly named Armour. The software solution is primarily focused on health, safety, environmental & HR requirements, Armour allows users to identify legislation that applies specifically to their company, irrespective of industry. Operation Armour Ltd wanted to create a platform that made the process of legal compliance bespoke, simple and easy to implement into company processes. This auditing tool tells you everything you need to know about applicable legislation in simplified points. Armour has been designed by consultants, auditors and customers. You don't know what you don't know, luckily we do.
For more information, register your interest online @ www.operationarmour.com
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Operation Armour Ltd
19 Arthur Street
Belfast, BT1 4GA
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