# Deployed raises $4M to redefine how Statements Of Work are created and projects are planned Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2023-05-18 Category: BUSINESS Category URL: https://financedigest.com/category/business Meta Title: Deployed Raises $4M to Redefine Statements Of Work Creation Meta Description: Female-founded Enterprise Tech startup secures funding to transform project planning. Simplify, edit, and publish Statements of Work with Deployed. URL: https://financedigest.com/deployed-raises-4m-to-redefine-how-statements-of-work-are-created-and-projects-are-plannedhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/prtl-1736813999139-compressed.jpg) # **Deployed raises $4M to redefine how Statements Of Work are created and projects are planned** Female founded Enterprise Tech startup raises funding to rewrite the language of work UK-based [Deployed](https://www.deployed.co/) today announced it has raised $4M in a seed funding round co-led by [Amrock Ventures](https://www.amrockventures.com/) and [M12 Microsoft Ventures](https://m12.vc/), with participation from [Portfolio Ventures](https://portfolio.ventures/), [Mayfield Fund](https://www.mayfield.com/), [HERmesa](https://www.hermesa.co.uk/), and [Angel Academe](https://www.angelacademe.com/). Launched in 2020 by Emma Rees (CEO), Kayleigh Kuptz (COO) and Jamie Gannaway (CPO) with two government grants, Deployed is the only scoping platform that makes it simple to write, edit, and publish Statements of Work. While trillions of dollars are spent on contractually scoped projects every year, 65% of projects fail to meet original objectives and 1 in 10 end in legal or payment disputes. Deployed’s goal is to make projects clearer and more successful by reinventing the copy pasted patchwork of email, Word and Excel processes involved in writing, agreeing, and [signing contracted](https://www.financedigest.com/soccer-liverpool-boss-klopp-signs-new-contract-until-2026.html "Soccer-Liverpool boss Klopp signs new contract until 2026") work. Deployed [offers a single platform where requestors of services](https://www.financedigest.com/barclays-sets-up-taiwan-subsidiary-to-offer-brokerage-services.html "Barclays sets up Taiwan subsidiary, to offer brokerage services"), procurement, legal and compliance teams can navigate and collaborate on the request to signature workflow via an easy-to-use editor interface.  This means that C-suite leaders, who have watched their project portfolio [costs inflate](https://www.financedigest.com/companies-cost-inflation-is-slowing-but-shoppers-may-wait-for-lower-prices.html "Companies’ cost inflation is slowing but shoppers may wait for lower prices") by 20% since Covid, yet consistently miss the time, budget or quality metrics promised at the start of projects, can now understand the benefits their projects deliver, and 10x their success by solving poor project definition up front. In 2020, the company won the global [Melinda Gates Female Founders award](https://m12.vc/news/announcing-our-female-founders-competition-winners/) for enterprise technology. Deployed will use its latest round of funding to further feature development, apply assisted writing and generative AI, and expand new and existing enterprise clients and [boost hires](https://www.financedigest.com/fime-boosts-payment-strategy-security-consulting-key-hires.html "FIME boosts payment strategy on security and consulting with key hires"). The [company currently works with large enterprise clients](https://www.financedigest.com/impact-com-appoints-a-raft-of-new-business-development-representatives-as-the-technology-companys-client-roster-grows-by-more-than-50.html "impact.com appoints a raft of new Business Development Representatives as the technology company’s client roster grows by more than 50%") including Randstad Sourceright, Talent Solutions TAPFIN and Roche. **Emma Rees, CEO and co-founder of Deployed**, an outsider to the corporate world who went from hairdressing to start-up over a 20 year career, said: “It’s empowering to be part of the “2% of the 2%” (only 2% of VC [investment goes to majority](https://www.financedigest.com/inovus-medical-set-major-expansion-following-six-figure-investment.html "Inovus Medical set for major expansion following six figure investment") female founders and of that, less than 2% is in Enterprise SaaS). With most [corporate work now globally](https://www.financedigest.com/g20-to-back-global-corporate-tax-deal-says-french-finance-minister.html "G20 to back global corporate tax deal, says French finance minister") distributed, project based and delivered by third parties, we need a new way to engage for services. We started Deployed to help everyone define work better and [align on clear](https://www.financedigest.com/clear-aligners-market-competitive-research-and-precise-outlook-2020-to-2030.html "Clear Aligners Market Competitive Research and Precise Outlook 2020 to 2030") objectives early on”. **Hugo Chardon, co-Founder of Amrock Ventures**, said: “I was taken from the very first pitch that this was [solving a problem](https://www.financedigest.com/solve-a-problem-you-know-and-live.html "Solve a Problem You Know and Live") that has been slipping through the gaps of corporate governance. It was very clear that the founding team, Emma, Kayleigh, and Jamie, were a winning one, [bringing deep](https://www.financedigest.com/new-squirro-solution-uses-power-of-ai-to-bring-deep-customer-insight-to-financial-services-firms.html "New Squirro solution uses power of AI to bring deep customer insight to financial services firms") expertise and a balanced mindset.” “Deployed is a category defining start up that reimagines the Enterprise Resource [Planning stack to stop project](https://www.financedigest.com/hungarian-instant-payments-project-progressing-as-planned.html "Hungarian instant payments project progressing as planned") failure from the start. We are delighted to [support](https://www.financedigest.com/uk-launches-270-million-pound-fund-to-support-green-heating-technology.html "UK launches 270 million pound fund to support green heating technology") the Deployed team and follow on with funding,” said **Peter Berg, Managing Partner at M12.** **James Pringle, VC at Portfolio Ventures** [says “Our investment](https://www.financedigest.com/governments-intervene-almost-half-european-venture-capital-investments.html "Governments intervene in almost half of all European venture capital investments") in Deployed was based on their strong product-market fit, notable growth trajectory, and their focus on addressing an underserved market segment.” --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---