May Al-Kharouni
๐ค SpeakerAppearances Over Time
Podcast Appearances
So really interesting.
I actually bootstrapped for four years because there was no market cap in the industry.
So I only got VC funding late 2018 and we got 750,000 from VC and we've been running off that since actually.
So we were due for a fundraiser last year in COVID, but that stopped everything in the works, especially in the UK.
So we'll probably start it up this year again.
Absolutely.
Yeah, it's a bit different.
It's actually a SaaS enabled marketplace.
So we charge a subscription fee to use the service, but our interface or face is basically like a marketplace.
So imagine like a free eBay with data on social impact.
Yeah, absolutely.
It ranges depending on the sector because we work in retail, commercial and hospitality construction and anything from ยฃ500 to ยฃ2,000 per location.
And we work obviously on volumes of locations to do with stores, restaurants, hotels and so on.
ยฃ500 to ยฃ2,000.
Exactly, yeah.
Yeah, so it was about five years ago, my background's investment banking.
And funny enough, we just moved offices across the road.
So ironically, I used to fundraise for the old school venture capital trusts and hedge funds and property funds.
And the facilities guys came around and said, you know, pick your new carpet color tile and your new table and your chair and your computer.
And I was like, what are you doing with all this?