Bridgepoint, one of the world’s leading quoted private asset growth investors, has announced it will partner with Chime Software (“Chime”), a UK-based SaaS provider transforming how construction companies manage their workforces and on-site operations.
The transaction sees Bridgepoint Growth become a significant minority shareholder in Chime.
Founded in 2016 with a focus on solving real-world inefficiencies on construction sites, Chime is a leading platform for digital timesheets, real-time site visibility, mobile-friendly forms, inductions, onboarding, workflows, and health and safety documentation. Its powerful cloud-based web system and intuitive mobile app are used by more than 80,000 operatives from hundreds of construction companies daily, with continuous refinement in line with live customer feedback and operational needs.
With Bridgepoint’s backing, Chime is well positioned to capitalise on a highly attractive market with low digital penetration, strong growth and significant white space opportunity. As the global construction industry’s transition from legacy paper-based to modern digital systems gathers pace, Chime offers a simple, reliable, and highly scalable mobile-first product to speed up site entry, remove bottlenecks, and ensure safety and compliance processes happen in real-time. Its innovative software integrates directly into business-critical payroll workflows, delivering significant ROI.
The investment announced today will enable Chime to accelerate its product roadmap and transition into a complete, all-in-one construction software platform, including expansion into new modules covering health & safety, quality control and asset management, with further investment into customer success.
Roger Bradbury, Chairman and Founder of Chime, said: “Construction has been my life’s work, and I’ve seen first-hand the challenges businesses face on-site. At Chime, we’ve always set out to solve real problems, not create technology for technology’s sake. This partnership is another step in ensuring construction companies have the tools they need to thrive in a modern, digital world.”
Aaron Powell, Managing Director and Founder of Chime, added: “Our growth has always been driven by our customers - over 300 companies who’ve trusted Chime and shaped its journey. We’re grateful for their input, which ensures our software evolves with their needs. This partnership allows us to accelerate our roadmap, broaden our solution, and help even more construction companies save time, increase productivity, and improve safety.”
David Hawes, Chief Technology Officer and Founder of Chime, said: “It's the people who have made Chime what it is today – from those who shaped the product early on, to the many talented colleagues who’ve joined in recent years across every function. All have played a role nurturing the team spirit and momentum we enjoy today. This investment is not just about unlocking our platform’s potential; it’s a validation that what we’ve built is valuable and solves real problems. Today’s news is a recognition of that collective effort, and I’m incredibly proud to be on this journey with the team.”
Mayank Kanga, Partner at Bridgepoint, commented: “Chime is a business with a clear value proposition - it delivers essential digital infrastructure for an industry still early in its adoption curve. Its mobile-first platform addresses critical payroll and compliance workflows, driving both strong usage and customer advocacy. We are excited to partner with Roger, Aaron and David to invest behind Chime’s offering, expand its product suite and bring its benefits to a wider set of customers.”
The transaction is expected to complete in the second half of 2025, subject to customary regulatory approvals. Financial terms of the transaction were not disclosed.