Local MP Alex Chalk visited the global headquarters of retail technology firm Volo Commerce on Thursday 8 November. Headed by Ben White, Volo uses cutting edge artificial intelligence technology and market intelligence to help customers quickly and efficiently grow their online sales.
Mr Chalk heard how the company, founded over a decade ago, grew to become a leading provider of multichannel e-commerce technology, boasting large multinational clients like BMW, Superdry and Dixons Carphone. He was particularly impressed to hear about the firm’s plans for continued overseas expansion.
The MP was also welcomed by representative of NVM who, alongside Downing, provided Volo with substantial Venture Capital Trust (VCT) investment in late 2017. This investment will allow Volo to further scale-up and expand into the lucrative North American market.
Alex Chalk MP said:
“It was a pleasure to visit a thriving technology firm on my doorstep here in Cheltenham, and to see a local business using world-leading technology to deliver real results for customers around the globe.”
“Volo proves that high-tech firms can start-up and thrive in Cheltenham.
“It’s clear that many innovative businesses can struggle to access the finance they need to realise their ambition. I’m delighted that Volo – backed by NVM and Downing’s VCT investment – has become so successful, and I look forward to seeing them grow into a world leader.”