Broker and insurance technology group Ensurance has posted a 15% rise in revenue to $876,000 for the June quarter, buoyed by solid sales growth.

The strong result, coupled with investor support for last month’s fundraising exercise, augur well for plans to grow into Europe.

Asia has been added to the expansion radar, Ensurance says.

“The company is well positioned to expand both domestically and internationally [next year],” it says in its quarterly report. “Importantly, Ensurance has access to the capital needed for its expansion and it has the business relationships in place that will give it a strategic foothold in these large offshore markets.”

Ensurance is confident of raising more than the initial $3 million it targeted, after investors expressed strong interest in its convertible note placement announced last month.