…and one for 2011 – David Langer and Andy Young: Groupspaces

Focus: Event organisation website

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David Langer (pictured),24 and Andy Young, 25
Company: GroupSpaces
Web: www.groupspaces.com

GroupSpaces was borne of an idea had at university and launched in 2007. Today, it has completed second round funding led by Index Ventures and its software is used to manage over 600,000 memberships for sports clubs and other groups. Members can be imported from Excel, receive emails and register for events and only group leaders need sign up. Larger groups pay a monthly fee, starting at £5, and revenue is also generated via targeted advertising and commissions for payments made through the site. 2011 may well be a huge year for GroupSpaces as it cements its UK business and focuses on the US.

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