This round of investment will bring the companies cumulative investment total to £2.75 mill which will be used to develop Pi Datametrics and expand their company overseas.
When raising investment with Angels Den, Intelligent Positioning were in a transitional period in their growth, from start-up to semi-established business. They were selected from a group of high-growth software businesses to pitch at a Tech Club event. After receiving a very positive response from the Angels, six Angels invested a total of £135,000. Intelligent Positioning said about Angels den, “We would definitely recommend angels den for the quality of their angels. Angels investors can bring a lot more than capital, the can contribute intellectually to the development of your business in different and diverse ways.”
They now have big plans to expand their company throughout Europe and into Asia.
Chris Wheatcroft, Tech Club Manager at Angels Den Stated, “It’s fantastic to see Intelligent Positioning move from strength to strength as it’s always exciting to a Tech club and Angels Den graduate flourish. Their success in securing this investment is testament to the quality of their business and what involved angels can bring to a growing business.”
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