# IMMJ Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/immj-systems

- Industry: Software
- Headquarters: High Wycombe, UK
- Website: www.immjsystems.com
- Total disclosed funding: $9.9M
- Latest round: Series A (Jan 11, 2021)
- Investors on record: 1

## About

IMMJ Systems Ltd. provides innovative software solutions designed to enhance operational efficiency across various sectors, primarily focusing on data management and analytics for diverse clients.Founded in 2015, IMMJ Systems Ltd. is based in High Wycombe, UK, and specializes in software solutions for data management and analytics. The company has secured a total of 3 deals, with the most recent funding round occurring on February 21, 2023. This round raised GBP 1.8 million from Foresight Group Holdings and other investors. The total amount raised by the company to date is GBP 1.8 million, with a current valuation of GBP 12.762 million. The company is led by founder Max Smith and CEO Jon Pickering.IMMJ Systems specializes in developing technology solutions aimed at optimizing operational efficiency. Their flagship products include advanced software applications tailored for data management and analytics, serving clients from healthcare to finance. These applications provide real-time insights and ensure seamless integration with existing systems, catering to a diverse clientele across North America and Europe, including corporations and governmental organizations.In 2019, IMMJ Systems generated revenue of GBP 622,969.3, with an EBITDA of GBP -1,355,278.6. Their revenue model is based on subscriptions, allowing clients to access software platforms and services on a recurring basis, ensuring stable cash flow and fostering long-term relationships. The company engages directly with B2B clients to provide tailored solutions, enhancing their market presence through partnerships with distributors and resellers.IMMJ Systems plans to utilize the GBP 1.8 million raised in February 2023 to support the design and launch of new products aimed at enhancing their software offerings. The company is targeting expansion into new markets, specifically focusing on increasing their presence in North America and Europe by the end of 2024. The funding will also help accelerate product development and improve market penetration through strategic partnerships.

## Funding rounds

- Series A, Jan 11, 2021, $5.2M — Foresight Group
- Series A, Jan 7, 2021, $4.8M — Foresight Group

## Investors

- Foresight Group (https://capitalatlas.ai/funds/foresight-group) — Series A
