2012 Tech Track 100
Rank: 71 Staffcare
Launching products to help companies cope with changing pensions regulations
From pensions to flexible holidays, Staffcare’s software lets firms better manage and communicate the benefits they offer employees. The company licenses its software to employee benefits advisers, which then sell it on to companies, and Staffcare takes a monthly fee for each employee registered on the system. Phil Hollingdale started Staffcare, his fifth tech start-up, in 2004 and it has raised around £3m over two funding rounds, with Herald Ventures owning a 32% stake. Strong demand boosted sales 49% a year, from £1.7m in 2009 to £5.7m in 2012.
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From pensions to flexible holidays, Staffcare’s software lets firms better manage and communicate the benefits they offer employees. The company licenses its software to employee benefits advisers, which then sell it on to companies, and Staffcare takes a monthly fee for each employee registered on the system. Phil Hollingdale started Staffcare, his fifth tech start-up, in 2004 and it has raised around £3m over two funding rounds, with Herald Ventures owning a 32% stake. Strong demand boosted sales 49% a year, from £1.7m in 2009 to £5.7m in 2012.
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Company facts
Staffcare
Pensions software developer
Company website
| Sales growth | 48.65% pa |
| 2012 sales | ‡£5.7m |
| 2009 sales | £1.7m |
| 2012 staff | 63 |
| Founded | 2004 |
| Location of HQ | Surrey |
| If applicable: * = annualised figures ‡ = draft accounts |
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