GitLive secures £350k Pre-Seed investment from SFC Capital

Plug-in for integrated development environments streamlines communication and improves productivity

London, 21 September 2020 – GitLive, a collaboration tool for developers, has raised a £353,000 pre-seed funding round from SFC Capital. Built to address common pain points that development teams face in their daily workflow, GitLive makes real-time code collaboration and communication simpler, faster, and more productive in remote but also non-remote work settings. The investment sees GitLive launch the full commercial version of the platform – currently in beta – this fall.

Available as a plugin for a wide range of integrated development environments (IDEs, the primary workspace for developers) – including VSCode, IntelliJ, PHPStorm, PyCharm, Android Studio and more – GitLive enables all developer-to-developer communication and collaboration to take place within the IDE itself, significantly increasing developer productivity.

Nicholas Bransby-Williams, CEO at GitLive, said:

“Discussing code is hard, especially when having to copy and paste snippets into Slack or Microsoft Teams. Turning the IDE into a collaborative workspace by making work-in-progress code available for discussion and collaboration, GitLive is all about encouraging teamwork and increasing developer productivity.”

Features of the platform include: 

  • Viewing a teammate’s work and collaboratively editing the work-in-progress code in real time without having to upload to a repository; 
  • Discussing code directly in the IDE, unifying communication that would otherwise be spread across multiple disparate platforms and reducing the risk of losing important information;
  • Instant notification of potential merge conflicts (where two developers edit the same piece of code in different ways) so teammates can align their efforts proactively instead of waiting until the code review stage; 
  • Streaming the state of work in real time, increasing clarity and reducing the need for updating progress manually in external tools and holding regular status update meetings.

While GitLive is launching with an IDE plugin for small to medium sized businesses, longer-term plans include an enterprise cloud offering. Speaking about the company’s ambitions, Friedrich Coen, COO at GitLive said:

“Our strategy is to get into organisations from the bottom up. Developers are very particular about the tools they use, but very trusting of their peers – if one person in a team sees the value in GitLive, we’re confident that the rest of the team will follow. Once we’ve proved that there’s high-demand for our service, the next logical step is an enterprise grade product for larger teams.”

Stephen Page, CEO at SFC Capital, said:

“SFC Capital prides itself on investing today in the innovations of tomorrow at their earliest stage – by investing in GitLive, we are not only backing a team of innovators, but also helping enable other innovators to work more effectively. As we’ve all experienced over the past few months, collaboration tools are going to play a huge part in improving the daily workflow of people in all kinds of sectors – this is especially true in coding and development, where team members often work remotely or in isolation from one another. Built by developers for developers, we’re confident that GitLive has real potential to make a difference to this community.”

The investment was made through a combination of SFC Capital’s SEIS fund, its regional fund, and individual members of its business angel community.

-ENDS-

About GitLive

London based GitLive is an instant messaging and code collaboration platform built specifically for developers to streamline technical discussions. Founded in 2019 by Nicholas Bransby-Williams to solve a fundamental problem facing distributed development teams: communication.

Adding a real-time layer to the transactional nature of Git, GitLive allows teams to seamlessly discuss, review, share and even edit code together, live, from within their favourite code editor. Offsetting a developer’s nature to work in isolation, GitLive encourages communication through the Team View where teammates can see each other’s work in progress and get notified of potential merge conflicts in real-time.  The GitLive plugin is  available for all major code editors including VSCode, IntelliJ, PHPStorm, PyCharm and Android Studio. 

About SFC Capital

SFC Capital is the most active seed-stage investor in the UK, and was ranked first in Europe and third globally by Pitchbook in 2020. Founded in 2012 by serial entrepreneur Stephen Page (DataEase, Sapphire), SFC Capital combines an angel syndicate with its own funds to provide investors with diversified exposure to SEIS- and EIS-qualifying businesses. Investors can back the high-potential startups directly or through a portfolio curated and managed by the SFC Capital team. Having backed more than 225 startups since its inception, notable companies in the SFC Capital portfolio include Cognism, Transcend Packaging.

Based in London but active across the UK, SFC Capital has a track record of backing high-growth businesses in parts of the UK where access to early-stage equity capital is often scarce, with notable investments including Vortex IOT (Swansea), Transcend Packaging (Caerphilly), Petalite (Birmingham), and Intupod (Belfast). In total, businesses backed by SFC Capital through its angel network and funds have created more than 500 jobs outside of London. In April 2020, SFC Capital received a £10 million commitment from British Business Investment through its Regional Angels Programme. As part of its regional expansion, SFC Capital is also opening a second office in Macclesfield to catalyse its regional investor base and increase deal flow across the country.

Safiya Marzook

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