Canterbury venture studio Balio Software Limited raises £2.2m Series B

Canterbury-based venture studio Balio Software Limited has raised an estimated £2.2m in a Series B funding round. The company identifies and acquires established B2B software firms that demonstrate recurring revenue and long-term growth potential within specialized vertical markets.

Founded in 2022, Balio Software Limited provides its portfolio companies with operational support, product improvements, and technology modernization. The firm focuses on businesses that have already established a market presence but require additional resources to scale effectively. The company targets businesses with recurring revenue models to ensure stability across its portfolio.

The latest £2.2m investment follows a series of funding rounds over the past four years. In December 2025, the company secured £4.5m in a previous Series B tranche. Prior to that, Balio Software Limited raised £828k in November 2025 and £5.7m in a Series A round in October 2024. The company's early stage capital includes a £400.8k seed round in April 2023 and an initial £2.6m seed investment in September 2022.

According to the company's latest accounts for the year ended 31 August 2024, Balio Software Limited employed four people. The firm operates by acquiring and scaling established software publishing businesses through its venture studio model. (The allotment and filing for this latest round took place in May 2026).