Edinburgh tech business Neatebox has raised more than £180,000 from investors as it continues to capitalise on the huge market for its Welcome app, which gives businesses and venues advance notice of customers’ disability requirements.
The business, which was advised in the investment round by Scottish law firm Harper Macleod and angel investor and Neatebox chair Evelyn Simpson, has attracted the funding from business angel syndicate Equity Gap, Scottish Enterprise and a number of private investors.
A second tranche of funding will follow later this year, taking the overall investment to around £300,000.
Gavin Neate, Neatebox founder and chief executive – who is a former Guide Dog mobility instructor who originally created an app for use at pedestrian crossings before focusing on its potential to solve a fundamental customer service need – said: “There is a massive opportunity to scale up and roll out Welcome to the point where it is omnipresent and it is reassuring that our investors share our ambition to make this a reality.”
He added: “We’re receiving fantastic feedback from both businesses and disabled users wherever it is deployed, and this funding will allow us to really scale the business.”
Source: The Herald