Swansea start-up QuoteOnSite secures £350k in equity seed funding round | Development Bank of Wales
Summary
QuoteOnSite announces cash injection to facilitate aggressive growth over the next 12 months thanks to investment from the Development Bank of Wales and Deri Green. The £350,000 seed round will also support user experience, research and software development on top of a comprehensive sales and marketing plan. For businesses that still rely on traditional methods of quoting QuoteOnSite provides a solution to the lack of visibility, traceability and analytics that form an integral part of a successful sales process. We’re pleased our software and business plan have attracted the attention of venture capitalists and are delighted to have completed our first seed round.” Alexander Leigh who led the deal on behalf of the Development Bank of Wales said: “QuoteOnSite is highly scalable and already has customers in multiple countries across the world. QuoteOnSite’s innovative quoting solution addresses a real pain point for customers so it was easy to see the investment potential, and I was impressed by TJ’s commitment, drive and foresight.