Software firm moves into new Sunderland office as it targets growth

An ambitious software company has moved to a new office in Sunderland as it targets growth.

Moralbox provides a platform for companies to track and manage their staff training, helping businesses ensure compliance and identify skill gaps.

The company has grown significantly, in the last 12 months it has doubled its turnover, secured accelerator funding, and had a delegation travel to San Francisco to promote its product across the Atlantic.

In San Francisco, the firm's representatives met with the British consulate, visited Plug and Play Tech Center and attended several networking events, helping the company prepare for raising investment.

They also received a tour of Google HQ from Google Cloud Architect Richard Greaves who relocated to Silicon Valley from Sunderland 18 years ago.

Moralbox is now actively reaching out to international investors who support EdTech SaaS companies at seed stage in the UK, as well as looking at other accelerator programmes.

With the global workforce estimated to be over 2 billion, the founders are confident there is huge potential to grow the company and build on its current customer base in the UK, USA, Australia and South Africa.

Co-founder, Gordon MacPherson, said: "We've been keen up to this point to develop our product with a small number of clients to make sure we have the product right and we feel like we have that now. Our customers love the product, we have great customer retention, we now want to grow so we can have a wider reach.

"We're in a growth mindset now, looking to take the company to the next stage and raising investment. Everything is looking good, we've doubled our revenue in the last 12 months, so everything is pointing in the right direction.

"At the same time, we'll continue to innovate and develop our product. We're going to have our first AI based feature in the next software update. We're in the process of developing an integration with the DVLA for driving licence checks, which is something that a lot of companies have been asking for."

The company has recently relocated to the Evolve Business Centre, at Rainton Bridge Business Park.

Fellow co-founder John Dunnill said: "The environment here is lovely, it really suits us, and there's a lot of good businesses in here, including other software companies that have had success and have a similar mindset to us.

"It's a great location too, we're halfway between Sunderland and Durham and then only a short drive up the A1 to Newcastle."

Evolve Business Centre is owned and managed by Sunderland City Council.

Cllr Kevin Johnston, Cabinet Member for Housing, Regeneration and Business at Sunderland City Council, said: "It's great that Moralbox have chosen Evolve as the location of its new office. They are a modern, innovative company and I'm sure they will fit in well.

"Sunderland is a great place to do business and the fact that they have chosen the city as the place to grow from is testament to that."

For more information about commercial properties in Sunderland to buy or rent workspace for businesses visit https://mysunderland.co.uk/commercial-properties

Moralbox will be exhibiting at North East Expo on 14 November. For more information about the company visit https://www.moralbox.com