Apollo VCT portfolio company story: The Safeguarding Company
Provides safeguarding software to schools and organisations in the UK and internationally.
What The Safeguarding Company does
The Safeguarding Company provides safeguarding software to schools and organisations in the UK and internationally.
One of the big challenges that caregivers face is sharing information that might help keep children and vulnerable adults safe. Organisations such as police, schools, social services and hospitals all use different systems, which means a lot of caregivers’ time is spent filling out manual paperwork to keep other organisations up to date. This process means information is easily lost or out of date, which can impact quality of care for those at-risk. The Safeguarding Company helps solve this problem. Their software MyConcern allows staff to easily record, report and manage their wellbeing concerns. This reduces the risk of information loss and enables caregivers to spend more time caring for those that need them most.
Why we like it
There is a strong alignment of values between The Safeguarding Company and Octopus. Their products play an integral part in keeping people safe on a daily basis, ultimately improving the lives of some of the most vulnerable in society.
We also like that the management team know their sector inside out. The co-founders are ex senior police officers with over 70 years’ combined experience in child and vulnerable adult safeguarding¹. This gives the company a deep understanding of the challenges of safeguarding across multiple institutions.
Under the direction of a highly experienced Chief Technology Officer, the company has also built an impressive digital proposition which means that caregivers have the access to information required to keep people safer.
What our fund managers say
“We invested in The Safeguarding Company due to its impressive mission-led management team, strong recurring revenue base and low customer churn. It was clear that the company has strong growth potential, both in the UK market and in new geographies. A major driver for us is having the opportunity to join the team in accelerating and extending protection to many more individuals and organisations.”
– Edward Keelan, Investment Principal, Octopus Ventures
Key risks to remember
Please remember that the value of an investment in Octopus Apollo VCT, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
Tax treatment depends on individual circumstances and may change in the future. Tax reliefs depend on the VCT maintaining its qualifying status.
VCT shares could fall or rise in value more than shares listed on the main market of the London Stock Exchange. They may also be harder to sell.
Investors should only subscribe for shares on the basis of information contained in the prospectus and Key Information Document (KID), available on the Apollo VCT product page.
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¹The Safeguarding Company 2021.