iplicit Group Limited

Founded in 2013 and based in London, UK, iplicit operates as software development company that provides a cloud-based finance and management software solution. In January 2025, iplicit raised GBP 25 million in venture funding led by investor One Peak. The firm as of January 2025, is led by its Chairman, Tony Ebel, and CEO, Lyndon Stickley. The company's software facilitates seamless integration with other cloud applications, providing users with enhanced flexibility and reporting capabilities.

Key functionalities include multi-entity and multi-currency accounting, automated workflows, and customizable reporting tools, addressing common challenges such as manual consolidation and data silos. The platform primarily serves industries such as education and nonprofits, with clients including multi-academy trusts, care homes, and businesses from private equity to hospitality.   The revenue model for iplicit is based on subscription services, allowing clients access to the cloud accounting software on a recurring basis. The company plans to utilize the January 2025 funding to accelerate its product development and fuel its exponential growth.