Galway based software company Ex Ordo will be creating 50 new jobs after raising more than €3 million in investment funding.
The company, which provides a scholarly conference platform, secured funding from a committed group of investors within the scholarly communications industry.
The investors participating in this funding round include the company’s initial group of angel investors, Enterprise Ireland, and several leading figures within the scholarly communications industry.
Paul Killoran, Founder and CEO of Ex Ordo said: “We are delighted to receive this significant investment, which validates the value and potential of our scholarly conference platform.”
“I’ve always believed that scholarly events are the true social network of academia. When we bring people together, whether that’s in-person or online, we unlock the potential for knowledge.”
“To accelerate knowledge, we need to make it easier for these communities to meet and Ex Ordo can make this a reality by ensuring that content and event logistics are seamless for organisers and attendees.”
He said that this funding will help accelerate their platform’s capabilities, as well as expanding their customer facing teams in North America.
Enterprise Ireland CEO Leo Clancy said, “Ex Ordo is an innovative, ambitious company that Enterprise Ireland is proud to back. It is creating a world-renowned brand in its specific area of focus and has a clear growth path for the coming years.”
“This growth will support the creation of high-quality, rewarding careers in the West of Ireland and Enterprise Ireland looks forward to being with Ex Ordo on this journey.”
Ex Ordo board chair and investor Paul Peters added, “While scholarly event organisers have been faced with very significant challenges over the past few years, there have also been some exciting new opportunities for societies to streamline their workflows and deliver increased value to their members.”
“Through my interactions with the Ex Ordo team over the past year I have seen first hand that they have the tools, talent, and values that societies are looking for in a partner.”
“So I couldn’t be more excited to come on board as an investor and help them deliver on the important mission they have set out for themselves.”.