Cancel Preloader
Edit

Our mission is very simple; to encourage and support the growth of all things digital and to keep digital technology at the forefront of people’s minds.

Contact Details

Digital DNA HQ, Clockwise Offices, 48-60 High St, Belfast BT1 2BE

Belfast Tech firm SustainIQ wins six-figure investment

A Northern Ireland tech company has secured a six-figure investment from Halo Business Angel Network (HBAN).

SustainIQ, founded by Maria Diffley and Liam McEvoy, will use the new investment to expand its presence in the UK and Irish markets.

The company has developed a software tool that helps organisations to monitor, measure and report on their social, economic and environmental impacts across the whole organisation. The tool helps capture data and analyse impact in one place, providing insights that help customers make decisions to maximise the impact of their sustainability initiatives.

Following a successful pitch, a syndicate of four HBAN business angels have joined forces to make the investment in SustainIQ, with match funding secured from Co-Fund NI.

SustainIQ, set up in 2018, is already working with a number of long-established companies in the construction, transport and FMCG sectors, including Belfast Harbour, Gilbert Ash, SHS Group, and Heron Brothers.

The company’s software is being used in 500 sites in the UK and Ireland by organisations who see sustainability as a strategic advantage for the future, including the new Belfast Transport Hub, being developed by Translink at Weavers Cross.

SustainIQ co-founder Liam McEvoy said: “Sustainability is now a key consideration for companies in all sectors and an area that more and more organisations are investing in, not just for compliance but also to help win contracts, raise finance and attract talent.”

“But it can be difficult to know what is working and where resources should be allocated, particularly if you have lots of staff and multiple sites. Our software helps companies capture data and use it to add real value to their business.

“We are really excited about where the business has got to and the support we’ve received from our investors through HBAN and Co-Fund NI, alongside the credibility we have already built up, will be crucial in helping us to scale up the team and grow revenues.”

HBAN is a joint initiative of Enterprise Ireland, InterTradeIreland and Invest NI, dedicated to the all-island promotion of business angel investment. HBAN allows companies from a wide range of sectors to pitch to angel investors.

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email

Stay updated

Keep up to date with all the latest news from Digital DNA HQ

Sign up today for our curated newsletter featuring news, views and articles from the world of tech

PLUS

The latest updates from Digital DNA

Early access to our events

Special offers

+ lots more every 1-2 weeks

WATCH
All talks
on-demand

Would you like to watch back all the talks from Digital DNA 2020?

Get exclusive access and watch over 50 talks from 70+ speakers NOW!

£29.95