Duane Jackson got kicked out of school at 15 and, five years later, was arrested in Atlanta, Georgia, for trafficking 6,500 ecstasy tablets, served two years in prison in the UK. “On his release, he found it hard to get a job because of this black hole on my CV,” So he launched the startup, called KashFlow. Now with revenues at around £2 million he has sold the company to the IRIS Software Group.
Category: Success stories
UKs leading entrepreneurs and business owners tell us the secrets of their business success
Angels tell Dragon Elnaugh ‘they’re in’ for her new business in the Angels Den
Original Dragons’ Den star Rachel Elnaugh has become the first crowdfunder to smash the target on the unique new platform launched by Angels Den.
Contego secures £900k of growth funding
London Business Angels investors, Angel CoFund, Rainbow Seed Fund and others invest in risk management solutions company
Kevin McCloud’s Hab Housing breaks Crowdfunding Investment record
The sustainable housing developer Hab Housing, founded by Kevin McCloud, has successfully raised nearly £2million on the equity crowdfunding platform Crowdcube.
Daatch the dating app for gay women closes £100K to boost UK launch
Dattch, currently one of 17 startups in the Wayra London incubator cohort, has just closed a £100,000 angel small seed round, with three angel investors — including Yannick Pons and Andy Phillips.
Flooved, the ‘Spotify for textbooks’ hits funding target with high profile angels
British education technology startup Flooved has completed its first significant round of funding from angel investors.
The “Crowd” get behind Front Up Rugby & invest £93k to push them towards the Tryline!
Front Up Rugby, a forward thinking and innovative menswear brand, have once again bypassed the banks and turned to the crowd to raise the money it requires to fund second stage growth.
New HPC Wales studentships bring inward investment total to £2m
High Performance Computing (HPC) Wales has announced six new funded PhD studentships in computational science at Welsh universities, taking the total inward investment attracted into Wales by the venture to £2 million.
Kevin McCloud plans own Grand Design with crowd funded property business
Kevin McCloud, of Channel 4’s Grand Designs, has become the latest high-profile entrepreneur to turn to “crowdfunding” to raise money from private investors for his property business.
Crowds flock to fund ‘superwoman’ Nicola Horlick’s new film venture
Glentham Capital – the newly formed film investment business of fund manager Nicola Horlick has reached it’s target of gaining £150,000 of seed capital, for a 10 per cent equity stake.
Audere Capital extends media reach by taking a slice of Cake Communications
The private venture capital company, Audere Capital, has taken a significant minority stake in the PR and media engagement company Cake Communications.
LIQUITY completes £150k SEIS-approved Founders’ Round
London-based LIQUITY today announced that it has successfully closed its £150,000 SEIS-approved Founders’ Round in under two months.
Better Bathrooms secures £10M backing to help create 500 new jobs across the UK
Business Growth Fund (BGF) backs National Business Entrepreneur of the Year and award winning company with £10 million investment
Email & SMS marketing specialists Pure360 attract investment in £10.5m deal
A £10.5million deal has been announced which will accelerate growth and fund innovative new developments to its platform for marketers, according to email and SMS marketing experts, Pure360.
Ensygnia completes record $3.3M seed funding
Ensygnia, a mobile payments company pitching itself as the “visual equivalent of NFC”, has closed its final seed-funding round. After little more than a year since starting operations, the firm saying that it has raised more than $3.3 million in cash and services, a level believed to be a record for a UK startup.