April 25, 2022: Ballymore Group founder and CEO Sean Mulryan has acquired a significant minority stake in Zoosh Group (Zoosh), the cloud venture builder. He will now join the board as a non-executive director alongside the four founders Balazs Bakos, Bert Farrell, David Brophy and Mervyn Graham.
Zoosh invests in and works with new cloud initiatives from the idea stage through their commercialization, product construction, business development and growth strategy. The company recently created its own studio model and is now starting new initiatives from within. Zoosh invests through its own funds and an expanding network of private investors.
Sean Mulryan said: “As a person in business for 40 years, I have always admired the drive of entrepreneurs to succeed. With a proven track record of bringing high-potential digital startups to market, Zoosh is the perfect partner to help entrepreneurs build, launch and scale their cloud-based products and businesses. I fully support Zoosh’s vision and am excited to contribute as Zoosh helps turn smart ideas into profitable and successful businesses. »
“Since working with Sean at Ballymore Group, Sean and his family have always supported new businesses in Ireland and abroad. As the founder of one of Ireland’s most famous companies, Sean brings remarkable business acumen and a wealth of experience which will be invaluable as we continue on our growth journey. Personally, it’s a pleasure to be working with Sean Mulryan again,” said David Brophy, co-founder of Zoosh.
Some examples of new Irish ventures that Zoosh has co-created in partnership with high-potential founders include OptaHaul (Westmeath), IDASO (Westmeath), Kyzentree Technologies (Galway), ClubSpot (Cavan) and Frequency Communications (Dublin). Zoosh’s recent successes include being ranked in the top 20 in the Deloitte Technology Fast 50 and becoming the first Irish venture builder to be accepted into the GSSN network.
Combined with a state-of-the-art Product Studio, Zoosh’s Venture Builder has authored and co-created over 50 cloud propositions since inception and has spawned the equivalent of over 100 new full-time technology roles to date. One of Zoosh’s goals is to grow its in-house team, which currently numbers nearly 100 industry experts across Europe, to enable increased investment in new digital initiatives and bring more cloud products to market.
About Zoosh Group
Zoosh is a Cloud Venture Builder, providing financing, digital product creation, launch, scaling, hands-on support services for startups and established brands, with offices in Ireland, UK and Hungary. Zoosh helps ambitious entrepreneurs and innovative organizations build, launch and scale cloud-based products and businesses that can help change our world. By providing investment, digital product design, build and development, and hands-on support, Zoosh helps turn smart ideas into successful, profitable businesses. For more information please visit www.zooshgroup.com
Ballymore is a leading property developer with an award-winning portfolio of some of Europe’s largest and most transformative urban development and regeneration projects. Our projects are defined by their originality and quality, and we are driven by the intent to set new standards in design, creativity and architecture. For more information please visit www.ballymoregroup.com