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21 January 2014

BeatMyWasteQuote.com secures funding from The North West Fund for Digital & Creative

Press Release 21st January 2014

Altrincham-based BeatMyWasteQuote.com has secured investment from The North West Fund for Digital & Creative. The company is targeting the £9bn UK commercial waste market with an online switching platform for waste disposal services, primarily focussed on SMEs.

BeatMyWasteQuote.com was founded by Carl Bennett and David Brown, who have over 40 years' combined experience in the sector. The company plans to use the funding to expand its North West coverage and to enhance its digital offering through improved platform functionality and a significant investment in online marketing. Anish Kapoor, co-founder of Telecity and founder of Yuuguu, has joined the company in a non-executive capacity following an introduction by AXM Venture Capital, managers of The North West Fund for Digital & Creative.

Carl Bennett, CEO, BeatMyWasteQuote.com said: "BeatMyWasteQuote.com has been launched to shake up the UK commercial waste industry. It remains tough out there for all businesses, with growth in the economy still sluggish. Waste disposal costs in particular seem to only head in one direction - upwards. We're here to help businesses save money on their waste collection costs but also to help waste service providers tap into new markets and grow their customer base."

"Like websites such as uSwitch, our business plan is based on offering competitive deals from waste service providers - but for business customers instead of individuals. We will make it easier for businesses to switch waste service providers - helping them manage the process with minimal fuss."

Rupert Wingate-Saul, Investment Manager, AXM Venture Capital, which manages The North West Fund for Digital & Creative, said: "We are delighted to be able to support a management team with real expertise in both the waste market and the digital space to create a market-leading switching platform for waste services."

The North West Fund for Digital & Creative is part of The North West Fund and is financed by the European Regional Development Fund and the European Investment Bank.

 


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