Case study
iGeolise's Travel Time software platform enables users to search for online content by how much time a journey takes rather than its distance away.
COMPANY SUCCESSES
April 2011: secured first angel funding
October 2012: secured angel funding to
match TSB grant
October 2013: signed Countrywide plc,
the UK's largest group of Estate Agents
May 2014: signed Zoopla one of the
UK's largest websites
"SETsquared's premises have provided all the facilities we needed at an affordable rate, minimising distractions."
As a result of an introduction via SETsquared, we went to San Francisco on a mission organised by UKTI, where we met Google, Apple, PayPal and eBay."
We have formal business reviews every six to eight weeks, and SETsquared has a roster of well-qualified mentors. Without SETsquared's advice, we would have carried on too long with our previous business plan to build a consumer-facing portal."
Through SETsquared, we heard about the European Satellite Navigation competition. We won its UK leg, which led indirectly to a large firm of estate agents becoming a major customer."
About £120,000 has been raised without selling equity. We've done this through grants, which we mostly wouldn't have known about without SETsquared."
Peter Lilley, Co-Founder and CEO, iGeolise
