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From forum to full time: Satago's success story

Date posted: 29 May 2015   |   Posted in: Blog

 Five years ago this month, a man with an idea asked UK Business Forums (UKBF) users for feedback. After a £600,000 investment, finding a co-founder and landing a major partnership with Experian, tech entrepreneur Steven Renwick shares his tale of taking his automated invoice chasing software Satago from ‘forum to full time’ with Rachael Power.

Scientific background

Renwick’s background is in science and he has a PhD in genetics. After a stint in biotechnology and pharmaceutical consulting, he began to work with databases and decided he preferred this.

“The reason for starting Satago and looking at the credit control side of things is my family business in the construction sector in Scotland.

“The industry is really bad for late payments and I have always wanted to do something about it,” he says.

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Source: BusinessZone

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