From the first round of Tech Invest four short years ago to now, 19 of the presenting companies have raised funding, two floated on AIM and two have been acquired. GrowthBusiness presents the top 13 Tech Innovators of the year.
qodeo – a snapshot
qodeo provides interactive tools and data that bring the global venture community together, saving them significant time and transaction costs to find funders, entrepreneurs and advisors; analyse performance and portfolios; and be informed with insight via our data, reports and partner content. qodeo aims to get close to real time data for the venture space, versus peer platforms that use historic reported data. Uniquely, qodeo curates and blends private data with public data for a holistic view.
Based in: London
Founded in: 2011/12
No. of employees: 3 + contractors
Presenting at Tech Invest: Simon Glass, CEO and founder
Simon co-founded qodeo to save significant transactions costs and time solving problems entrepreneurs,venture capital (VC) and private equity (PE) firms, LPs and advisors had accessing global, up-to-date data to make decisions on fundraising and portfolio management. Simon has worked in VC for Amadeus Capital Partners and Apax as well as Ernst & Young. Before founding qodeo, Simon was the director of new business for Australia’s Westpac Institutional Bank. Simon has BA, MA and MBA degrees from Cambridge University and trained in corporate finance at London Business School.
Products
- qodeo’s beta version features 17,000 organisations globally
- It is a search tool for sourcing VC/PE firms firms, entrepreneurs, LPs, corporate advisors and others in the community
- The ‘Analyze’ tool for VC/PE firms and investees helps map and forecast exit proceeds
- News and insight by qodeo and partners (including Financial Times) is shared via snapshot reports
- User feedback-driven UI/UX upgrades, including an app, more intuitive navigation profiles, charting and fundraising tools, using smart search IP
Recent technology
- qodeo is hosted in the Cloud (Microsoft Azure)
- The current site closed to new users until new product release
Recent milestones
- The platform’s beta version was released, which led to initial user traction, and usefulfeedback
- 17,000 organisations tracked globally, including 1,500 VC/PE Firms
- This includes one of the largest industry surveys ever undertaken to date, featuring over 550 in-person interviews in conjunction with 24 leading business schools
- 20 high quality angel investors raised £850,000 at £2.3 million post-money valuation
- The CEO was a moderator and panelist at various VC/tech/entrepreneurship events in New York, Paris, London, Tel Aviv, Madrid, Singapore
Upcoming milestones
- Raising £2.5 million in two rounds: £500,000 (14 per cent equity) angel round now at £2.94 million pre-money valuation
- Release upgraded product with new User Interface/ Experience – delighting users on a journey
- Release premium paid product for individual corporate advisor and entrepreneur users
- Expecting to serve 436,000 users including 62,000 paying by 2018
Alliances
- Content partnerships of varying degrees with Thomson Reuters, News Corp, FT Research
- qodeo also works with 24 business schools, including Cambridge, Insead, UCLA, IE Madrid, to conduct in person interviews with leading VC/PE firms
Investors
20 value-adding angel investors in Russia, UK, Singapore and Australia, including a former chancellor of a university, executive director of Macquarie, a former regional head of M&A at Ernst & Young, a partner at Clifford Chance, and a fintech entrepreneur
Contact details
Global Venture 100 Ltd, t/as qodeo, Quadrant House, Thomas More Square, London, E1W 1YW
Tel: 020 7 483 3383 (Simon Glass – 07773 429014)
Email: simon.glass@qodeo.com
Website: www.qodeo.com
Twitter: @qodeo
Youtube: search – qodeo
