Augnet Investor & Partner event
Updated: May 12
Funding update in Media: Triple Point lead £1.3 million investment round We’re delighted to welcome all our Angels and Triple Point to Augnet’s team of investors following our recent successful funding round! The possibilities our patented technology offers to established businesses fits perfectly with Triple Point’s focus on high-potential start-ups built to provide solutions for large corporates, and we look forward to a productive partnership. Furthermore, our Angels bring skills, experience and contacts that will bring additional value to Augnet's success. Ian McLennan, Head of Venture at Triple Point, said, “The average consumer knows SMS as a simple, quick way to send messages. High open rates offer companies growing possibilities to use this platform. By increasing accountability and efficiency in the delivery of SMS messages, Augnet is in a strong position to help large corporates solve the significant challenge they face in targeting consumers via SMS technology. We look forward to working with Daniel, the management team and Augnet’s other investors to help realise this potential.” Augnet CEO and founder, Daniel Gill, said of the new relationship, “We are very excited to be working with Triple Point. Gaining a partnership with them at this early stage is a strong endorsement of our model. “Augnet is well placed to work with some of the largest technology companies in the world in the near future. At just one year old, we are pleased to have achieved recognition from such a highly respected VC. Apart from the important investment that Triple Point has made, its highly knowledgeable industry experts have given us hugely valuable advice and have introduced us to a range of tech entrepreneurs and investors who are supporting us on a number of levels. “We believe that with Triple Point’s backing and guidance, we are well placed to achieve our high-growth plans at speed and reach our full potential in the global marketplace.”
Augnet funding update and company profile has been featured in various media sources. Full list can be found below:
https://www.privateequitywire.co.uk/2019/06/04/276235/augnet-secures-gbp13m-investment-round-led-triple-point-venture-fund%C2%A0 https://www.businesscloud.co.uk/news/patented-sms-service-secures-13m-investment https://www.angelnews.co.uk/blog/vct/triple-point-leads-vct-investment-in-augnet/ https://www.privateequitywire.co.uk/2019/05/20/275841/triple-point-leads-vct-investment-augnet http://fortune.com/2019/06/04/term-sheet-tuesday-june-4/ http://www.finsmes.com/2019/06/augnet-secures-1-3m-in-funding.html https://www.uktech.news/featured/tech-start-up-augnet-receives-1-3m-investment-20190605 https://tech.eu/brief/uk-based-sms-tracking-startup-augnet-raises-1-3-million/
Launch of Augnet's website, LinkedIn and Twitter
We are excited to share with you our updated website, LinkedIn and new Augnet Twitter account. Please feel free to follow and share!
New Venture Creation at Cass University: from founding to funding As a graduate of Cass University’s MBA programme and former participant in its New Venture Creation scheme, Augnet founder and CEO Daniel Gill has a long-running relationship with this respected and renowned institution. Should our application for the Innovate UK grant be successful, this partnership will soon take on a new form as we collaborate to develop Augnet’s offering. Ahead of this potential collaboration, Dan spoke with the university to outline his and Augnet’s journey from the initial concept to successful investor conversations. You can read the article here. Augnet Team updates 1. Augnet is hiring for Chairman of the Board of Directors We are in the process of recruiting for our Chairman of the Board of Directors. Please feel free to make recommendations or enquire for further details.
2. New Hires in Engineering Team Backed Server developer David joined Augnet in May. Two additional engineers joined Engineering team in June: Head of Architecture and Lead developer Jakub and FE iOS and Android developer Olya. Warm welcome!
3. First Board meeting First Augnet's Board meeting took place on the 4th of June. Augnet Investor & Partner event Augnet Investor & Partner event at the City of London’s Vault in Leadenhall Street was a huge success. In attendance were a lively mix of Augnet’s Angel investors, VCs, partners and friends of Augnet of who helped the company to get to where it is now. Augnet CEO Daniel Gill and COO Jekaterina Orlova spoke about Augnet’s mission to bring quality and credibility to the SMS and messaging industry via its unique technology, the first to be able to track 100% of message delivery and outlined future plans. Guests were treated to the first ever live demonstration (outside the company) of Augnet’s technology and, even in an underground room with walls more than three feet thick, a text was instantly delivered, with demonstrated tracking. Originally the strong room of the Midland Bank the Vault venue, with its safety deposit boxes still in place, served as a fitting venue for celebrating Augnet’s mission to bring security to the SMS sector.
Thank you to all who attended our Investors & Partners event on the 21st of May. We hope it was as enjoyable for you as it was for us, and we look forward to seeing you again next time! For a recap of the evening, please follow this link.
Thanks for being part of this journey with us! The Augnet team is happy to have you onboard as Partners, Investors and friends.
Feel free to reach out with any questions and suggestions:
Daniel Gill - Founder & CEO firstname.lastname@example.org / +44 7787 281 230