Simon Ryan coy on future RyanCap funding after $5m Foxcatcher boost

RyanCap marketing data and technology business, Foxcatcher, has announced $5 million in additional investments, as it looks to increasingly scale-up its business.

CEO of RyanCap, Simon Ryan, said that while RyanCap is the central funding mechanism for its businesses, a cash injection like this can go a long way to securing continued growth, however he was unclear on whether this would be continued strategy for the young holding group.

“RyanCap has different investors and at certain times you raise more money to actually put more money into the business, to scale it by capability and or people. RyanCap’s role is to work with investors, to get investment, to grow their businesses. And that is a portion of RyanCap’s money and other new money that comes in.”