Inngot
Business profile
Location: Swansea
Sector: IT and software
Web site: www.inngot.com
Investment
Amount: £100,000 (part of a
£160,000 co-investment with angel investors)
Type: equity
Executive: Ann Casey
Why we invested
Inngot is an
early stage company with an innovative approach to asset
financing. It has developed a secure registration service and
online marketplace which enables companies to publish details of
their intellectual property (IP). A company’s listing can help it
to attract new business or licensees, identify development
opportunities and raise capital.
Finance Wales previously invested in Inngot at its start-up
stage. The company has an experienced management team with the
potential to achieve its growth plans.
The outcome
The investment will enable Inngot to continue developing and
marketing its services so it can start to generate revenues. It
aims to become a market leader in the new sector of online asset
financing.
The company has already attracted a wide subscriber base with an
effective launch plan and has the potential to become a leader in a
new market.
Testimonials
“Investment from Finance Wales has been very
important to Inngot. It’s a great vote of confidence for the
concept.” Martin Brassell, chief executive, Inngot.
“We’re pleased to be investing in a business
that has the potential to develop other businesses IP and
commercialisation.” Ann Casey, investment executive, Finance
Wales.