In 2016 after appearing on Dragons’ Den; Pitches to Riches – where are you now show, GripIt Fixings was named the most successful dragons den business valued at £10m.
Just one year later the company has raised over £4m and is now valued at £20m following completion of its second funding round £2.14m with more than 1,400 investors via Crowdcube.
The business now employs 35 staff and operates from five industrials units across the Wiltshire. The company exports to 34 countries across the world and is currently adding 60 new products to the range transforming the business from a one product company to a business with a portfolio of products.
CEO Jordan Daykin said “It has been a very busy year taking the staffing count from 5 to 35 and with increasing revenues by 350%. Its great that we are still growing at such a rate despite Brexit and the current economic climate, we pride ourselves In being a British company, constantly innovating and launching patent protected products to a market that hasn’t seen much change in years.