The funding is also supported by the Northern Powerhouse Investment Fund (NPIF) Mercia Equity Finance.
Based in Leeds, Smartgate Solutions provide a range of Quality and Compliance systems for the health and social care, security and transport sectors and also deliver solutions allowing organisations to access real time performance alerts and reports, integrated incident and risk management and regulatory support and advice.
They developed a cloud-based Radar Healthcare Quality & Compliance System to help regulated industries manage and achieve their operational and regulatory requirements.
Smartgate Solutions hope to use the funding to expand its delivery and sales teams in order to meet the demand of the health and social care sector.
Paul Johnson, Chief Executive at Smartgate Solutions, said: "We are very pleased to have the backing of 24Haymarket and in these exciting times for Smartgate.
"The investment and associated support along with the existing management team will ensure further success and growth."
Stuart Fletcher at 24Haymarket said: "We are delighted to be investing growth capital behind a high quality and experienced management team.
"Radar Healthcare Quality & Compliance System is a first-rate proven product which integrates people, processes and technology to significantly improve the consistency, robustness and transparency of quality & compliance in all health and social care environments."
Graham Davies, Investment Director at Mercia Fund Managers, said: "Smartgate Solutions has developed an innovative system that is tailored for the health and social care sector and we are pleased to support the business as it continues to scale.
"Smartgate is a good example of the strong business growth coming from the Leeds region, and this funding will allow it to expand and build upon the talent within its team."