Project Management veterans and successful entrepreneurs Colin Manson and James McCallum created Xergy Group and set out on a mission to improve and transform operating models across industries from energy and engineering to real-estate and manufacturing, with a vision is to accelerate the energy transition and digital transformation.
Oct '18
Xergy Group is founded
Apr '19
F&F fundraise
After an intensive period of market research, R&D, prototyping and early stage development, Xergy Group sought initial investment to accelerate platform development.
May '19
Initial partnerships
Xergy Group partners with Dot Zero software development company to drive the development of Proteus and Marketplace, and Gneiss Energy were engaged to advise on strategy and finance.
Apr '20
SEED A fundraise
Xergy raise £1.8M of investment to further the development of Proteus and Marketplace. A second office is opened in the United Arab Emirates, and the company hires specialists to drive the technology, sales, and marketing for Xergy Group.
Jun '20
Proteus launches
Proteus is launched to market and receives positive reviews.
Sep '20
Marketplace launch
Marketplace is launched to market and over 1,000 freelancers, consultants, and gig workers sign up in the first month.
Nov '20
Innovation grant
Scottish Enterprise awards Xergy Group an initial 'Early Stage Growth Challenge Fund Investment'.
Nov '20
Development moved
Xergy Group brings technology development in house, creating 10 new jobs in Scotland.
Dec '20
White label
Xergy Group products attract interest from other verticals, and the products are white labeled for Financial Services.
Jan '21
3rd party integrations
Xergy Group release key integration capabilities supporting Microsoft 365 and Google Workspace with the goal of providing product users with a seamless experience.
Feb '21
Customer acquistion
Xergy Group sees a significant increase in new customers to its products from across the energy sector, which are being seen as a critical component for companies going through energy transitions and digital transformations.
Mar '21
Financial developments
Proteus and Marketplace technological development continues, and finance capabilities are launched in Proteus.
Sep '21
SEED A+ fund raise
Xergy Group close £4.25 million Seed A+ fundraise to significantly scale-up the business and products.
Jan '22
Proteus v2.0 is released
Following a continued period of research and development, Xergy Group issues its latest release of Proteus, which includes a new-look navigation, as well as upgraded proposals and project functionality.
Apr '22
New clients onboarded
Proteus wins a competitive bid to work with large infrastructure consultancy, Aurecon. Proteus evolves into a product which positions project controls at the centre of the project workflows.
Jul '22
Variations / MoC added
The change management functionality is added to enable companies to dynamically manage complex work breakdown structures.
Oct '22
Proteus v2.3 released
New functionality is added to allow users to handle larger projects, enabling project managers to manage their project and business cost efficiency.
Jan '23
Resource scheduling
With the addition of a new resource scheduling functionality, Proteus enables key decision makers to optimise the utilisation of hardware, software and people during projects.
Apr '23
Bid no-bid
The Opportunity feature is significantly upgraded, allowing users to manage and document their decision-making during bidding processes.
Jun '23
Timesheet system
Proteus is designed to position a CTR / Work Package / WBS structure as the backbone of the project workflows. An upgraded timesheeting system will allow users to seamlessly integrate real-time utilisation data with the WBS.
Jul '23
Integrations
Through integration of Proteus with multiple digital platforms Proteus will enable companies to significantly reduce their digital spend whilst increasing functionality and flexibility