Maven backs EdTech specialist Weduc through MEIF II

Weduc, an EdTech company specialising in school communication and parental engagement tools, has secured a six-figure loan from the Midlands Engine Investment Fund II (MEIF II) via Fund Manager for the East and South East Midlands, Maven.

Founded in 2017, Weduc has grown into a trusted partner for schools, offering powerful communication tools that drive parental engagement and operational efficiency. Its flagship SaaS platform, ReachMoreParents, enables schools to communicate clearly and consistently with parents and the wider community through a dedicated parental app, an integrated school website, and the ability to publish messages directly to social media channels.

Today, more than 800 schools in the UK and internationally rely on the platform to underpin their communication strategy.

The Midlands Engine Investment Fund II funding will enable Weduc to accelerate its product innovation roadmap, focusing on simplification, deeper AI integration, and enhanced data-driven insights to support schools' strategic decision-making.

In addition, the funding will support product development, hiring across key functions, and the enhancement of IT infrastructure to accommodate the company’s growth in the education sector.

“Engagement between schools and parents has never been more important, and ReachMoreParents is designed to simplify that connection. We’ve seen strong momentum over the past year and this funding from the Midlands Engine Investment Fund II will enable us to accelerate our plans, develop new features, and continue delivering value to schools and trusts across the UK. We’re excited about the journey ahead and grateful to Maven for their support."

Robert John Pointen, CEO of Weduc

“Weduc is a great example of an ambitious East Midlands tech business with a strong product, clear growth strategy and experienced leadership team. With an expanding customer base and a unique proposition in the MAT market, the business is well positioned to scale. We’re pleased to support Rob and the team as they continue to build on the company’s success and strengthen its footprint in the education sector.”

Sajid Sabir, Investment Manager at Maven

“We are pleased to see the Midlands Engine Investment Fund II driving growth and expansion within the region. The Fund is focused on backing businesses with significant growth potential across diverse sectors, and it's inspiring to see Weduc leverage this opportunity to create jobs and contribute to the continued development of the region.”

David Tindall, Senior Investment Manager at British Business Bank

This latest investment adds to a growing list of businesses backed by MEIF II - Debt Finance East and South East Midlands. To date, the Fund has backed a diverse range of businesses including, Sunset Commercial, a commercial brokerage business, Digital Urban, an immersive technology company, Panoramix, an IP law firm, Advance Tapes, an independent adhesive tapes manufacturer, DUKE Distribution, a logistics and trackway installation provider and Vision4Sport, a sports hospitality specialist.

As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is considering debt finance to support future growth please, click here.