PwC Raise | Ventures advises Quality Clouds on £3.5M investment from YFM

The PwC Raise | Ventures team is pleased to announce that it has advised the developmental governance platform Quality Clouds in securing a £3.5m investment from YFM, alongside participation by incumbent shareholders and incoming non-executive directors and advisers.

Quality Clouds equips leadership and developer teams with a powerful suite of development and governance tools. Also, easy-to-digest metrics improve their ability to identify risks and improve effectiveness across multiple platforms.

The investment will strengthen the company’s offering globally and increase Quality Clouds’ ability to unlock the value of their customers’ growing ServiceNow and Salesforce deployments. It follows strong growth in the USA, where almost half of Quality Clouds’ clients are based and where a new team has recently been appointed

The PwC team advising on the deal are Cara Haffey, Charlie Robinson, Thomas Hudson and Sam Taylor.

Albert Franquesa, co-founder and CEO at Quality Clouds, said:

“I engaged with the PwC Raise | Ventures team to get their expertise and guidance on preparing our next fundraising. Their breadth of experience in different related matters has proved really helpful for us and their advice has been extremely helpful. Kudos to the team!”

Charlie Robinson, Head of PwC Raise | Ventures Programme, said:

“We are delighted to have supported Albert and the Quality Clouds management team throughout the fundraising process with YFM. We continue to watch this space closely and look forward to following Quality Clouds in their upcoming growth journey”

Thomas Hudson, Programme Manager and Head of Partnerships PwC Raise | Ventures, added:

“We found it highly enjoyable working with Albert and from an investor’s perspective the team's deep domain knowledge and roadmap to scale was especially valuable.”

Adam Hart, investment director at YFM, said:

“As cloud applications continue to push low-code/no-code development, the requirement for a control and governance tool is increasing exponentially. Quality Clouds addresses this need, and this investment will allow the team to capitalise on the huge opportunity ahead.”