Presenter: Steve Purdham

Job title: Chairman

Based in: Cheshire/Oxford

Founded in: 2013

No. of Employees: 9

Founder: Steve Purdham, chairman

Steve loves building technology companies from nothing to something. He has successfully built and exited several businesses, including, building from scratch, a global FTSE 250 company, SurfControl PLC, which reached a peak £1bn valuation (Sold 2007). Indentum Ltd (Sold 2008) and B2C Internet music service WE7 Ltd sold to Tesco (2012).

Inside Track: The overriding concept behind 3rings is the ability to ascertain your loved ones’ safety without relying on “lots of gadgets, wires and lights,” according to founder and serial entrepreneur Steve Purdham. Like so many young businesses in the modern age, the inspiration for 3rings came from a very personal place.

Purdham’s own mother is now in her eighties and he wanted a way to know if she was safe that didn’t feel intrusive. And he believes the product’s simplicity is “what gives families that peace of mind”.

“Now we can see the potential for traction we are looking for the financial means to access it,” said Purdham. “Following funding the shift will move from 100% development focus to a Sales and Marketing focus.”

Products: 3rings Plug – the plug that cares

Contact details

Register office: Mitten Clarke, The Glades, Festival Way, Festival Park, Stoke-On-Trent, Staffordshire, ST1 5SQ

Trading Office: Whichford House, Parkway Court, Oxford Business Park OX4 2JY Tel: 01865 987214

Email: steve@3rings.co.uk

Website: 3rings.co.uk

Recent Milestones

• Successful Kickstarter project
• Completed Hardware and Version 1 Cloud Service
• Launched April 2015 with Netpromoter score of 89
• Won Proof of Concept and Proof of market grants from InnovateUK

Investors

• Steve Purdham
• Julie Purdham
• Gareth Reakes

Alliances

• Age UK
• Tesco
• Home Instead
• Senior Care

Upcoming Milestones

• Large scale user test with AgeUK
• Product Launch in Tesco – 10 stores at Xmas

See also: Tech Innovators 2015 – PIE Mapping