Livingbridge invests in BoilerJuice

According to the GP, around four million households in the UK are not connected to the gas grid. Of those, around 1.6 million use kerosene for heating their homes.

Following the investment, Livingbridge will support BoilerJuice's UK growth and further develop its technology.

As part of the deal, former Tastecard boss Ian Ronald has joined the company as CEO.

Company
Founded in 2004, BoilerJuice is an online price comparison portal for heating oil, matching customers to local suppliers with necessary capacity.

The company is based in Cambridgeshire.

People
BoilerJuice – Ian Ronald (CEO); Paul Ward (founder).
Livingbridge – Matthew Upton (director).

Advisers
Equity – Liberty CF (corporate finance); Eversheds (legal).

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• Topics
• Expansion
• UK / Ireland
• Technology
• Living Bridge