Sonovate
Founded 2013 · 149 employees on LinkedIn · 3 known investors
Find your way into Sonovate
127 people in our graph share verified history with the Sonovate team — schools, employers, funds. One of them is your warm intro.
James Chapmanunlockedknows Richard Prime · together at Henley Business School (overlapped)
×6knows the team · via Henley Business School
×5knows the team · via Leeds Beckett University
Sonovate provides flexible funding solutions for recruitment agencies, consultancies, and labour marketplaces to support business growth and operations. It operates in the fintech sector, offering finance products aimed at staffing and contingent workforce businesses.
Founders & leadership
Sonovate was founded in 2013 by Richard Prime and Damon Chapple.
RP
Richard PrimeinCo-CEO & FounderRichard Prime co-founded Sonovate, a fintech platform providing funding and payment solutions for recruitment agencies, consultancies, and labour marketplaces. The company has funded over £8bn across clients in 44 countries since its inception.
DC
Damon ChappleinCEO and FounderDamon Chapple is Co-CEO of Sonovate, a fintech company providing flexible funding and finance products for recruitment agencies and staffing businesses.
Investors · 3
Companies House · registry record
View on Companies House ↗- Registered name
- SONOVATE LIMITED
- Company number
- 07500445
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 20 Jan 2011
- Registered office
- 4th Floor Golate House, 101 St. Mary Street, Cardiff, CF10 1DX
- Nature of business (SIC)
- 62012 — Business and domestic software development63110 — Data processing, hosting and related activities64999 — Financial intermediation not elsewhere classified72190 — Other research and experimental development on natural sciences and engineering
- Previous names
- RECTRADER LIMITED (2011–2011)
- Accounts
- last made up to 31 Dec 2024 · next due 29 Sept 2026
- Confirmation statement
- last made up to 15 May 2026 · next due 29 May 2027
Current officers · 5
- Andrew Neil Scott — secretary, appointed 16 Apr 2026
- Michael Birch — director, appointed 5 Mar 2021
- Paul James Birch — director, appointed 14 Mar 2017
- Damon Chapple — director, appointed 20 Jan 2011
- Richard Anthony Prime — director, appointed 20 Jan 2011
Source: Companies House public register · retrieved 30 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.
In the news
Frequently asked questions
- What does Sonovate do?
- Sonovate provides flexible funding solutions for recruitment agencies, consultancies, and labour marketplaces to support business growth and operations. It operates in the fintech sector, offering finance products aimed at staffing and contingent workforce businesses.
- Who founded Sonovate?
- Sonovate was founded by Richard Prime, Damon Chapple in 2013.
- Who are Sonovate's investors?
- Sonovate's investors include Dawn Capital, Global Founders Capital, Rocket Internet SE.