Cork digital firm Granite secures a $10m investment

Cork-headquartered digital specialist company Granite has announced a $10m (€8.6m) investment in the business by investor BGF.

The funding will support the company’s expansion strategy, including acquisitions and international scaling, with a particular focus on the US market.

Founded in Cork in 2008, Granite has built a reputation for delivering innovative enterprise level digital solutions to many of Ireland’s most prominent organisations.

The company now operates across Cork, Dublin, Galway, Belfast, New York, and Dubai, with over 170 digital practitioners.

The investment is a catalyst for Granite to accelerate strategic acquisitions, significantly strengthen its enterprise service offering and deepen its presence in international markets. 

Granite has successfully completed eight acquisitions since 2020, accelerating revenue, capability and sector experience.

Conor Buckley, CEO of Granite said: “The $10m investment from BGF is an immediate and substantial investment back into our client partnerships. We are both expanding our geographic footprint in the US and accelerating our knowledge.

“Scaling in high-growth, competitive markets like the US and the Middle East is a necessity to stay ahead.

“The investment empowers us to scale our digital innovation and AI platforms globally and deepen our commitment to our Irish clients by ensuring they remain at the forefront of digital transformation and retain their competitive digital advantage.”

The investment is subject to approval from the Competition and Consumer Protection Commission.