Manchester tech scale-up, Broadstone, is celebrating unprecedented growth as it reports a 300% increase in revenue in the past five months and a 700% increase in its user community in the past six months. The firm predicts that transactions via their platform will be in excess of £1m per month by 2020.
As a result, the firm is looking to expand its headcount by 50% over the next three months, as it enters a period of major fundraising and active investment. To support its rapid growth and enable further scalability, Broadstone is also moving to new, state-of-the-art premises at The Garages in Allied London’s XYZ building in Spinningfields, Manchester.
Tom Pickersgill, founder and CEO, said: “Since we launched just over 12 months ago, we’ve experienced incredible success, from securing contracts with some of the UK’s major corporations to growing month-on-month in every aspect of our business. And our future plans are even more ambitious, as we look to undertake a Series A fundraise later in the year to accelerate our growth strategy both here in the UK.
“Moving to The Garages at XYZ will ensure we are well positioned to continue to grow at pace, while providing a high spec environment for our valued team. Being part of the Allied London portfolio provides the flexibility we need as a high growth scale up, and means we are able to double or even triple headcount without any major disruption to our office space.”
Tom added: “The worker landscape has changed dramatically over the past decade. More people are looking for work that fits around their life, yet traditional recruiters and bricks and mortar staffing agencies have not adapted to this and tech giants like Uber and Deliveroo are reaping the rewards of engaging with these labour pools as a result.
“Our unique labour-as-a-service approach is democratising recruitment; providing companies with much needed instant access to a pool of verified and vetted workers, and providing candidates with access to fair and flexible temporary work, resulting in a fast and highly streamlined process.”