Sirenum, the UK-based provider of technology solutions for innovative temporary staffing agencies, announced its first round of outside investment.

According to the firm, the new investment will expedite Sirenum’s growth into Europe and the US, facilitate growth in markets outside of staffing, and allow for refinement and expansion of its product suite. 

The investment was led by investment manager Bill Currie, construction technology entrepreneur Dermot O’Grady, Intrinsic Capital founding partner Mark Horrocks, and former Tesco CEO Sir Terry Leahy.

Sirenum Founder and CEO Benjamin Rubin said the investment will “open the door to developing new capabilities, facilitating new hires, embracing new technologies, and seeking new opportunities.”

As a global provider of cloud-based workforce management technology to temporary staffing agencies, Sirenum provides transformational scheduling, monitoring, financial, and compliance technology to innovative employers, streamlining the management of hundreds of thousands of workers globally, including organisations in the staffing, transport and logistics, care, and security and events verticals.

No further financial details of the investment were disclosed.