We recently learned that Pivigo is one of 15 of the UK’s fastest growing tech companies founded by women selected to visit Silicon Valley.
The trip is part of an initiative to build ties with the US tech scene. The other firms heading to Silicon Valley include:
- High-end hotel website Mr and Mrs Smith.
- Health startup Raremark.
- Property startup Settled.
All are showing an annual growth rate of at least 118%.
Pivigo is a data science marketplace founded by the remarkable Dr Kim Nilsson. Their mission is to connect “…data scientists and businesses across the world…to revolutionise the way we work, live and stay healthy.”
Dr Kim left her role as an astronomer on the Hubble Space Telescope to complete an MBA and pursue a career in business. The move was a good one.
Since she founded Pivigo in 2013 the company has:
- Raised nearly £1m in funding (£300k through our investors on Angel Investment Network!)
- Become the world’s largest community of data scientists.
- Completed over 80 data science projects to date. (Clients include KPMG, Barclays, British Gas, M&S and Royal Mail.)
- Started Europe’s largest data science training programme S2DS (Science to Data Science). The programme supports career transitions of PhDs and MScs into data science roles.
Kim’s transition from academia to top founder is part of what makes her story so impressive and why, no doubt, she was a good choice to meet with executives from Apple, Google, Instagram and LinkedIn. Sherry Coutu CBE, the founder of Silicon Valley Comes to the UK, and the London Mayor’s office made the selection.
This link building through the UK’s most talented female founders comes at a time of high interest in the role of women in the growth of the European and UK tech sectors. Figures reported by LinkedIn and Founders4Schools show that:
- Female-led companies have helped add £3bn to the economy over the past year.
- The number of female-led companies with turnover of £250m+ grew by 14% in the same period.
But what about women business angels?
Despite the flourishing community of female founders and executives, only a small number are using their business acumen to invest in small businesses.
As a result, the UKBAA in partnership with Angel Academe, a network of female business angels, is conducting new research. They want to understand the barriers perceived by women about angel investing. The survey is being hosted and analysed by the the CASS Business School in London.
This research is also part of a their new Europe-wide project called “Women Business Angels for Europe’s Entrepreneurs”. The project will enable them to review the situation in Europe as well as the UK.
The results will give important insight into how, as a community, we can engage more women in angel investing. Off the back of the research, the UKBAA plans to develop a programme with the goal of doubling the number of female angel investors in the UK over the next two years.
Thanks!
