Pwinty - Tech City UK Cluster Showcase event
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Transcript of Pwinty - Tech City UK Cluster Showcase event
Team
• Founder- Tom Gallard• 4 years as first employee at Vizolution (Notion Capital funded SaaS startup).
Developed technology platform now used by majority of UK’s largest banks and insurers.
• Previously three years at Bank of England. Developed systems handling billions of pounds of daily transactions.
• Cambridge University (1st class honours)
• Developer - Steve Martin• Founder member of Sequence, Wales’ largest digital agency
• Customer Support- Hannah Davies
The Problem
• How do I monetize my app?• Printing houses – slow, technologically backwards, want to deal with a few big
customers (Snapfish, Shutterfly, Photobox).
• Developers want to get on with developing, not months of negotiations/integrations
The Solution
• Pwinty is an easy to integrate API – we’ve done the hard work-developers have one, simple point of integration for worldwide fulfilment
• Lets anyone compete with Snapfish/Photobox
• An App developer can be selling prints at 8p each to UK, US, Europe, Australia, Canada with just a days work
Market Size
• $5-10 billion worldwide
• Pwinty will be the size of a Photobox in less than 10 years time
Progress
• Started full-time work on Pwinty – Jan 2014
• Raised £125k funding Feb 2014 (from Indycube Ventures)
• Cashflow positive- no further money needed
• Work with the world’s largest printers (same as Snapfish etc)
Strategy
• Reduce integration effort from weeks to days (mobile SDKs, Shopify, Wordpress etc)
• Expand internationally (South America and Asia next!)