MBM Commercial advises Podfather on £3.4m investment

MBM Commercial were pleased to advise Edinburgh-based Epod Solutions Group Limited, which trades as “Podfather”, on their recent fundraise. The business provides a comprehensive cloud-based logistics software solution designed to streamline fleet operations.

The transaction includes funding from Maven Investor Partners and IFS Maven Equity Finance, from the Investment Fund for Scotland (“IFS”), managed by Maven and delivered by the British Business Bank. The investment will be used to further scale and internationalise the business, as well as support the rollout of its latest enterprise software solution.

Established 25 years ago, Podfather has built up a strong reputation for its commitment to innovation and customer support, positioning the business as a trusted partner to a diverse blue chip client base looking to enhance their logistics operations. Podfather operates across multiple industries, including logistics, construction, food & drink, and healthcare, with its platform offering a fully integrated enterprise solution which includes route planning and optimisation, electronic proof of delivery, vehicle checks, real-time tracking and notifications, and detailed reporting.

The fleet management solutions market is experiencing strong growth, driven by the increased use of remote fleet management technology by operators seeking to improve efficiency, sustainability and safety. This increased adoption means the market is expected to reach $84.3 billion by 2032, at a CAGR of 17.4% (Source: Meticulous Research).