ScaleUp Capital, a leading investment firm specialising in technology and growth-stage companies, has announced its recent acquisition of PushFar, the dynamic and award-winning mentoring platform.
This strategic partnership marks a significant milestone for both organisations, enhancing PushFar’s potential for growth while maintaining its exceptional team and operations.
PushFar, which was co-founded by Ed Johnson and Gabriel Sirbu in 2018, has emerged as an outstanding player in the career development landscape, empowering professionals and leading brands worldwide with its cutting-edge platform and mentorship solutions. Through its intuitive technology, PushFar revolutionises the way individuals cultivate their careers by connecting them with mentors, providing valuable resources and fostering an engaged workforce.
Gaining global recognition, PushFar was recently listed in the longest-running index of the 100 most disruptive and innovative small businesses in the UK by Startups. For three years in a row, PushFar’s been awarded the Gartner Digital Markets coveted ‘best ease-of-use’, ‘best value’ and ‘most recommended’ badges.
This follows a successful year in which PushFar hit a business milestone of reaching 100,000 registered users across the globe on its free open platform and over 1.5m hours of mentoring facilitated.
ScaleUp Capital’s investment demonstrates the growth and success PushFar has achieved. As a result, the acquisition will also see all of PushFar’s employees kept on in their current positions, to drive further expansion for the brand.
With ScaleUp Capital’s extensive industry knowledge within the technology space, financial support, and strategic guidance delivered via their Scaler Programme and Platform, PushFar is primed to build on its existing success and take its platform to new heights, providing new career development opportunities for thousands.
Forbes 30 Under 30 listed Ed Johnson, Co-Founder and CEO of PushFar, expressed total confidence in the partnership, stating: “We are thrilled to join forces with ScaleUp Capital. This collaboration represents a significant milestone for PushFar as we continue to evolve and revolutionise the mentoring space. With ScaleUp Capital’s support, we will be able to accelerate our growth trajectory and further empower professionals worldwide.”
Victoria Wiesener, Portfolio Director at ScaleUp Capital, also commented: “PushFar has demonstrated remarkable innovation in the mentoring sector, and we are delighted to welcome the team to the ScaleUp Capital portfolio. By combining their award-winning platform with our resources and guidance, we are confident that PushFar will continue to thrive and revolutionise the way professionals advance their careers.”
Ed Johnson added: “Having benefited so much from mentoring myself, I am passionate about its power to change people’s lives. I believe that the key difference between ourselves and our competitors is that we really care about each individual who uses our platform.”
