Success Story
| Region/Nation | North East |
|---|---|
| Programme | British Business Investments |
| Partner |
One Utility Bill is a utility bills management service based in Ouseburn, Newcastle upon Tyne that allows customers to bundle all their bills for energy, water, broadband and TV into one fixed monthly payment.
The company sought finance to help implement its growth strategy to drive the business forward, grow its customer base and increase headcount.
With funding from British Business Investments delivery partner DSW Angels and other investors, One Utility Bill has been able to hire an additional 28 members of staff. This will enable the business to service more customers and support its plans for rapid growth over the coming years.
Quick links
More success stories
Read a success story about Ruuby
An on-demand beauty marketplace, which allows customers to order a host of beauty services to their desired location, has raised £2m to accelerate its growth in the North West by doubling down on its existing operations in Manchester and Liverpool.
Read a success story about Power Roll
Based in Murton, Power Roll, a pioneer in the solar energy transition, has raised £4.3 million in its most recent funding round, including £1.5 million from NPIF II – Maven Equity Finance, which is managed by Maven Capital Partners as part of the Northern Powerhouse Investment Fund II.
Read a success story about Xentra
A fast-growing Leeds cybersecurity company secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia as part of the Northern Powerhouse Investment Fund II (NPIF II).