Seneca portfolio company Vizibl launches supplier sustainability platform

Seneca portfolio company Vizibl launches supplier sustainability platform

Empowering enterprise organisations and their suppliers to address sustainability challenges at scale

Seneca Partners (“Seneca”), the specialist SME investment business based in the North West, is pleased to report that Seneca EIS Portfolio Service and Seneca Growth Capital VCT portfolio company, Vizibl has expanded its sustainability functionality.

Vizibl is the world’s leading supplier collaboration and innovation platform, helping both buyers and suppliers manage all aspects of their relationship to drive sustainable business growth.

The technology company has recently launched their newest platform – Supplier Sustainability Management – designed to overcome common barriers to improve supplier sustainability by providing the tools to create supplier sustainability programmes, measure and baseline performance, set goals and chart a roadmap of targets, and prove sustainability progress over time.

Vizibl’s expertise in supplier collaboration, procurement and sustainability management is embedded in the vast supplier networks of some of the world’s largest multinational corporations such as Unilever, Vodafone and Japan based pharmaceutical giant, Astellas. 

Matt Currie, Investment Director at Seneca Partners commented: “We saw the outstanding potential of Vizibl in 2019 and invested through The Seneca Growth Capital VCT and The Seneca EIS Portfolio Service. The top-down responsibility for delivering sustainability through supply chains is not always readily appreciated but the global reach and scale of customers utilising Vizibl’s platforms will ensure high impact. What the new Sustainability module does is provide large enterprises with the tools required to make the changes we all want to see throughout their supply chains. This will have a lasting impact not only on the way they currently manage their supply chain, but also on the impact they have on the world around them for many years to come. We are excited about how the company is evolving, maturing into a real category leader and one which is classic of our approach to growth capital investment.’’   

Mark Perera, co-founder and CEO of Vizibl added: ‘’With mounting consumer and shareholder pressure on businesses to operate more sustainably, ensuring our customers have all the tools they need to accurately assess and improve their sustainability performance across their entire supplier base is key for Vizibl. By bringing Carbon Disclosure Project (CDP) and Science Based Targets initiative (SBTi) frameworks, ESG programmes and robust target-setting functionality into our platform to complement and underpin existing Supplier Collaboration & Innovation functionality, we are arming our customers with a potent set of tools to overcome common blockers and drive sustainable business growth.’’

ENDS

Notes to Editors  

Seneca Partners  

Formed in 2010, Seneca Partners is an award-winning specialist SME investment and advisory business based in the North West of England.  The team brings together decades of success in providing bespoke investment and advisory solutions for clients across a multitude of financial areas including VCT, EIS & IHT product offerings. With over 70 staff working from three offices, Seneca Partners maintains a strong regional presence in the North West and North of the UK, with strong deal flow in the SME heartland areas.   

Matt Currie, Investment Director at Seneca Partners 

Matt joined Seneca from the RBS Structured Finance team in January 2017. Working alongside the top private equity institutions in the region, Matt led deals across the Leisure/Consumer, TMT, Professional Services, Manufacturing and Infrastructure sectors. Prior to that Matt spent four years with Deloitte, qualifying as a Chartered Accountant and working on both audit and advisory engagements throughout the North West. Matt graduated from the University of Manchester in 2010 with a degree in Management with Accounting & Finance. 

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