Maven Equity Finance has invested £1.6 million in eviFile, a UK-based leader in digital transformation for the built environment, to support their next phase of growth.
eviFile is a leading digital assurance and evidence management software provider, delivering a ‘golden thread’ of information across field data and project reporting. Its web and mobile platform is designed to enhance quality, minimise risk and support regulatory compliance for complex infrastructure projects. The platform is also 'live', providing real-time data insights and an advanced digital evidence solution.
The business has built a strong blue-chip customer base across rail, utilities, renewables and construction sectors, working with organisations such as Network Rail, Drax Power, Alstom, Siemens and SPL Powerlines.
Over the past 12 months eviFile has achieved double-digit revenue growth driven by rising regulatory requirements such as the Building Safety Act, the sector’s accelerating digital adoption and increasing infrastructure investment in the UK.
As part of its growth journey, eviFile is investing heavily in artificial intelligence to transform how complex infrastructure projects are delivered. The company is embedding AI across its platform to provide predictive insights, automate quality assurance and streamline reporting. By combining AI with Big Data from thousands of workflows each day, eviFile is helping clients improve decision making, reduce errors and deliver projects more safely and efficiently.
The investment from Maven will enable eviFile to expand its R&D, grow its sales and marketing teams and further enhance its platform capabilities. The partnership marks the beginning of the next stage in eviFile’s journey, enabling the company to scale faster and deliver even greater value to its clients.
