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Slick+ Secures €500,000 Investment

PHOTO CAPTION: Pictured (from l-r): Paul Conneally, CEO and Co-Founder, Slick+, Minister Peter Burke, Linda Hegarty, CXO and Co-Founder, Slick+, Gianni Matera, CEO, Growing Capital, Marina Donohoe, Head of R&I, Enterprise Ireland.

 

The Slick+ innovative knowledge-sharing platform exists to unlock employee know-how and organisational insights for remote and on-site teams.

 

Slick+, an innovative Irish software start-up, has today announced a significant funding milestone of €500,000, with €150,000 secured from Enterprise Ireland through its High Potential Start-Up (HPSU) programme. This investment, which is match funded by Growing Capital VC, comes with an additional €200,000 to be unlocked based on performance, and will fuel the company's growth and product development.

 

This funding marks a crucial step for Slick+ as it addresses the challenge of capturing, curating, and sharing organisation-specific knowledge in the hybrid world of work. The investment will enable the creation of 12 new jobs over the next 12 months, primarily in product development, marketing, partnerships and customer success roles.

 

Founded in October 2023 and co-located between Sligo and Galway, Slick+ has developed a groundbreaking short-form, video-based social learning solution that brings a consumer-grade experience to the world of work. Currently working with more than twenty corporate clients, the platform is the result of more than 12 months of research and development, working closely with universities, companies and end-users.

 

Linda Hegarty, CXO and Co-founder of Slick+, commented: "This investment from Enterprise Ireland is a testament to the potential of our innovative solution to knowledge sharing and to the dozens of organizations we support and partner with. In today's hybrid work environment, ensuring that organisational knowledge is accessible and engaging is more crucial than ever, particularly for onboarding (and retaining) new hires and mentoring virtual teams. With this funding, we're poised to expand our team and accelerate our product development, bringing our solution to more businesses across Ireland, the UK and beyond."

 

Welcoming the announcement, Minister for Enterprise, Trade and Employment Peter Burke TD said: Innovation is crucial for Irish start-ups to grow and scale both here and on an international level. The success of Slick+ centres on their ability to listen to the needs of the market and provide an innovative product offering which will help companies share organisation-specific knowledge in this new era of hybrid working. High Potential Start-up companies like Slick+ are vital components of a robust economy and the investment secured is a testament to the dedication of the Slick+ team. I would like to congratulate Paul and Linda on their expansion announcement and wish them every success as the business and team continues to grow.

 

Donnchadh Cullinan, Department Manager, ICT HPSU, Enterprise Ireland added: “Enterprise Ireland supports innovative  start-ups that offer solutions to global problems. Slick Plus novel and innovative easy-to-use solution provides an effective approach to tackling the challenges of knowledge management in the modern workplace. Enterprise Ireland congratulates the team at Slick Plus on its recent investment raise in which EI is participating. Enterprise Ireland is proud to have provided this support and looks forward to continuing to work with Slick Plus as it executes and internationalises. Today’s announcement will further allow Slick Plus to grow and compete and bring its platform to the next level.

 

Slick+ redefines onboarding and mentoring so that it is fully adapted to the new world of remote and hybrid work. It makes collective learning simple and social, helping to foster the team bonds and connections that can be missing in the modern world of work. The platform is particularly suited to knowledge-based organizations committed to the hybrid model, whose internal know-how is very specific to their context and whose managers need support to lead and motivate teams.

 

About Slick+:

Slick+ is a Sligo and Galway-based software start-up that provides an innovative solution for capturing, curating, and sharing organisation-specific knowledge. Through its short-form, video-based social learning platform, Slick+ brings a consumer-grade learning experience to the modern world of work, enabling companies to efficiently onboard new hires, and to manage and disseminate internal knowledge in today's hybrid work environment. 

 

 

For more information, please contact:

Paul Conneally

Tel: +353(0)851866914

Paul@Slick.Plus

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