Ex Ordo, the leading provider of scholarly conference management solutions based in Galway, is thrilled to announce an investment of more than $3m, coming from a committed group of investors within the scholarly communications industry.
The funding will be utilised to further develop Ex Ordo's scholarly event platform and expand its customer facing teams, enabling enhanced support for scholarly societies across the United States and Europe.
The investors participating in this funding round include the company’s initial group of angel investors, Enterprise Ireland, the government agency responsible for helping Irish companies to enter and expand in international markets, and several leading figures within the scholarly communications industry including Paul Peters (former CEO of Hindawi), Ahmed Hindawi and Nagwa Abdelmottaleb (Co-Founders of Hindawi), Sven Fund (MD of Reviewer Credits), and James Douglas (MD of Morgan Healey).
The funding comes as a major milestone for Ex Ordo and will allow it to continue to invest in its product and its people.
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.
"With this funding we will be able to accelerate the development of our platform's capabilities, including the development of a powerful open API, as well as expanding our customer facing teams in North America to partner with some of the most prestigious societies on the planet.”
Ex Ordo board chair and investor Paul Peters said: “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.”.
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.”
For more information about Ex Ordo and its conference management solutions, please visit Ex Ordo.