Oak

Human Resources Software

Deal Type
Growth Capital

Initial Investment
June 2018

Sector
Technology

Fund
North East Development Capital Fund

Status
Current

Oak has been a pioneer in developing and selling intranet solutions for over 20 years. As the market has shifted towards cloud-based solutions, the business invested heavily in developing its own globally scalable cloud-based platform. The flexibility of its ‘out of the box’ intranet platform, which has no set-up or configuration costs, makes it suitable for businesses of all sizes and the software is now being used by hundreds of thousands of people every day across a multitude of sectors. Oak has been adopted by a range of high profile, blue-chip customers, who join an impressive list of house-hold brands the company already works with such as Aldi, Comic Relief, Halfords, Pizza Express, ITV, Virgin Money and Newcastle Building Society. 

Intranets are increasingly becoming a vital component in the operations of any organisation. They provide a seamless portal where employees can communicate, collaborate and perform a range of tasks including accessing company documents, managing their expenses, or simply putting in holiday requests. Oak has been designed with user experience, engagement and simplicity at its core. The software’s ease-of-use enhances communication and collaboration, enables knowledge sharing and streamlines administration tasks for any size of organisation. The solution is extremely intuitive, and Oak can be implemented, populated and maintained without the need for any consultancy, technical or design resources.

Oak

We’re thankful for the great funding partners we have in Maven and look forward to working together with them to make a noise from the North East that’s heard around the globe.

Sukh Ryatt, CEO at Oak

Meet the lead executive(s)

Michael Vassallo
Michael Vassallo

Investment Director

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