A North East technology consultancy is aiming to treble its workforce by creating 100 new jobs over the next three years after securing a six-figure North East Fund investment.

Seriös Group is a boutique data and test solutions provider which designs, delivers and manages bespoke solutions for large corporate clients and private sector enterprises which provide them with the insights they need to meet specific operational and commercial outcomes.

After working with regional fund management firm NEL Fund Managers to bring in the investment from the North East Growth Capital Fund Supported by the European Regional Development Fund, the Newcastle-headquartered business is now preparing to fully launch its own purpose-built data platform accelerator, Seriös One.

The new platform provides the foundations and capability to turn enterprise and Internet of Things telemetry data into business insights, analytics and solutions that meet specific client requirements.

Around 15 new jobs are expected to be created through 2024, with a further 85 to follow over the ensuing two years as the business grows.

Headquartered at Hoults Yard and with a subsidiary office in Glasgow, Seriös Group is now looking to add further major corporations to its impressive client portfolio.

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Lee Rorison, CEO and co-founder at Seriös Group, says: “Trebling the size of our workforce by creating 100 new jobs over the next three years is an ambitious target, but we’re extremely confident that we have the products, services and resources that we need to achieve it.

“The investment model that NEL offered and the speed at which it could be delivered fit perfectly with our need.”

Jane Siddle, senior investment executive at NEL Fund Managers, said: “The management team has a clear plan for growing even more quickly over the next three years and we’re very pleased to be part of it.”