Tag Archives: Crescent Capital

Modern Democracy Celebrates Successful Delivery of Modern Polling Solution in 2019 UK Elections

NORTHERN IRELAND, May 2019: Modern Democracy is celebrating the successful deployment of its revolutionary new digital technology in the UK’s 2019 local elections.

Established in 2014, Modern Democracy already employs a team of 20. Its award winning Modern Polling platform, the first of its kind, was successfully deployed in 143 Polling Stations in England.

Modern Polling brings an online electoral register to the Polling Station and a dashboard with real time information displaying statistics such as number of ballots and voter turnout.

Modern Polling Dashboard

Founder Siobhan Donaghy says she owes the successful delivery of the Modern Polling software to a loyal and dedicated team:

‘Our people developed the cutting edge software and delivered first class services to our customers. Plus. We’re backed by incredible local support of InvestNI. We also have the confidence of our investors, a number of NI based business angels, and recently completed a £750,000 funding round which was led by Crescent Capital and supported by Techstart.’

Modern Democracy employs more than 20 people in Derry City and continues to expand. Right now, that expansion is creating a number of exciting new vacancies for talented individuals.

New York State Comptroller

Thomas DiNapoli
Thomas DiNapoli meeting some portfolio company CEO’s and directors

BELFAST, NORTHERN IRELAND 13 July 2017 – Thomas DiNapoli, the man in charge of the pensions of over a million of public sector workers in New York state, visited Belfast today.

His trip included Crescent Capital to meet with the Crescent team and a number of the CEOs and company directors from the portfolio companies

The New York State Common Retirement Fund valued at $192 billion (£147 billion) has already committed two tranches of funding to companies in Northern Ireland via Crescent Capital: £3.75 million in Crescent Capital II LP and £9 million in Crescent Capital III LP.

In total, it has invested over $20 million in Crescent, which makes it Crescent’s largest investor after Invest NI.

During his visit last week, Mr DiNapoli received an honorary doctorate from the Ulster University that recognised his investments in Northern Ireland and also his support for the peace process.