Maven Capital Partners has completed a follow-on investment in Traverse, a company specializing in intelligent automation solutions for the travel and leisure sector. Traverse, backed initially in 2023 by NPIF – Maven Equity Finance, has shown robust performance, expanding its customer base and doubling its annual license fees. The new funding will expedite the growth of Cognitive Flow, Traverse’s new Intelligent Automation technology. The technology is offered on a consumption model, enabling affordable adoption across SME and enterprise markets. Tom Parton, Investment Manager at Maven, and John ONeill, CEO at Traverse, expressed enthusiasm for the partnership and future growth prospects.

Private Equity, Technology, Travel and Leisure,United Kingdom

https://www.mavencp.com/latest-news/maven-completes-follow-on-investment-in-traverse