# Bud Systems funding: rounds and investors

> Bud Systems has raised $4.2M across 2 rounds since 2022. Investors include Maven Capital Partners. Every round with its source.

Source: https://millionrounds.com/company/bud-systems (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Bud Systems*

2 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Funding summary Updated 26 Oct 2026

**$4.2M** raised across 2 rounds since 2022, from 2 sources

**$3.4M** Venture **$763K** Round

- **Latest round:** Round, $763K May 2024
- **Biggest round:** $3.4M Venture · Oct 2022
- **Investors:** 1

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024

**$3.4M** Venture

**$763K** Round

- **First round:** Venture, $3.4M
- **Biggest round:** $3.4M
- **Between rounds:** 20 months

## The rounds

- **May 2024** Round **$763K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2022** Venture **$3.4M** *1 new* [Maven Capital Partners](https://millionrounds.com/fund/maven-capital-partners) Source recorded

## Funding filed with regulators

Bud Systems filed 2 raises, $11M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2024 **$763K** UK share allotment
- Sept 2022 **$9.8M** UK share allotment

## Founders and team

From Bud Systems's own website: 2 founders, 5 on the team.

**David Foster** Co-Founder

**Heather Frankham** Co-Founder

- **John Ingram** CEO
- **Brad Tombling** Chief Operating Officer
- **Mark McGrath** Chief Technology Officer
- **Piran Scott** Chief Financial Officer
- **Rhian Old** Chief Commercial Officer

## Everyone who backed them

[Maven Capital Partners](https://millionrounds.com/fund/maven-capital-partners) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bud-systems).

## Quick answers about Bud Systems

### Who invested in Bud Systems?

Bud Systems's investors include Maven Capital Partners.

### How much has Bud Systems raised?

Bud Systems has raised $4.2M across 2 rounds since 2022.

### When did Bud Systems last raise?

Bud Systems's most recent round, $763K, was in May 2024.

### What was Bud Systems's biggest round?

Bud Systems's largest round on record is $3.4M (Venture), in Oct 2022.

### Who backed Bud Systems first?

Bud Systems's first round on record, in Oct 2022, was backed by Maven Capital Partners.

### What stage is Bud Systems at?

Bud Systems's latest named round is a Venture, in Oct 2022.

### Where is Bud Systems based?

Bud Systems is based in the United Kingdom.

## Companies like Bud Systems

In the same sector, and raised in the last eighteen months.

[**Atlian** $933K · Oct 2026](https://millionrounds.com/company/atlian)[**Nuuri** $1.1M · Sept 2026](https://millionrounds.com/company/nuuri)[**SmartyPlants** $461K · Sept 2026](https://millionrounds.com/company/smartyplants)[**InTouchNow** $3.1M · Sept 2026](https://millionrounds.com/company/intouchnow)[**Vitaspan** $976K · Sept 2026](https://millionrounds.com/company/vitaspan)[**Universal Quantum** $101M · Sept 2026](https://millionrounds.com/company/universal-quantum)

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