Lero

Lero

A leading software engineering research centre. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$26—40m (Dealroom.co estimates Dec 2019.)
Limerick County Limerick (HQ)
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DateInvestorsAmountRound
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€6.0m

Seed
Total Funding$6.6m

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Lero, the Science Foundation Ireland Research Centre for Software, is a premier research institution that unites expert software teams from universities and institutes of technology across Ireland. It focuses on conducting cutting-edge software research with a strong emphasis on industry collaboration. Lero serves a diverse range of clients, including top global technology firms and academic institutions, operating primarily in the software and technology market. The centre's business model revolves around securing research funding from both public and private sectors, including partnerships with industry leaders and government grants. This funding supports their extensive research initiatives, which in turn drive innovation and technological advancements. Lero's revenue is generated through these research grants and partnerships, ensuring a steady flow of financial resources to sustain its operations and projects.

Lero's key strengths include its strategic location in Ireland, a hub for global technology firms, and its high ranking in software research citations worldwide. The centre is governed by a robust leadership team and an Advisory Board that provides strategic guidance and oversight.

Keywords: software research, industry collaboration, innovation, technology firms, academic partnerships, research funding, Ireland, software excellence, strategic operations, technological advancements.

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