Foresight Group has announced the £2.5 million growth capital investment into Accrosoft Limited.

Based in Loughborough, Accrosoft is a software as a service company with two products currently in the market, Vacancy Filler, an Applicant Tracking System which automates the recruitment process for organisations and Weduc, an engagement tool to enable parent-teacher communication.

Accrosoft was founded in 2008 by Alex Khakbiz and Mitesh Chauhan, experienced SaaS entrepreneurs. Vacancy Filler, launched in 2013, automates much of the recruitment management process for businesses. The product now boasts over 200 customers across a range of sectors, including supermarket Aldi, which manages over 4,000 daily applications.