FaultFixers secures £271k grant funding from Innovate UK
The London-based maintenance software company, FaultFixers, has secured £271k grant funding from Innovate UK’s, ‘ideas that address the impacts of COVID-19’, a fund created as a response to the pandemic.
FaultFixers will combine the grant with a recent investment of £150k, partly facilitated by Suss Ventures, to continue developing their product in the social care space and deliver innovative maintenance software that offers businesses 100% socially distant and virtual maintenance solutions. Overall, helping customers with efficiency and oversight across their business and powering paperless processes.
“We’re grateful to receive backing and funding from Innovate UK as we expand our offering in the UK social and health care space. The funding will be a huge boost specifically to help us to develop our COVID-safe virtual reporting features, which we’ve been developing in partnership with our customers.” – Tom O’Neill
FaultFixers was founded by Tom O’Neill, an accountant turned startup founder when he was left feeling frustrated by slow and unreceptive maintenance reporting. The process of reporting a fault was messy and time consuming with progress updates almost non-existent. FaultFixers was born to solve this issue by making maintenance management easy.
“Although I began my career in the corporate world, my passion has always been in startups. I wanted a product like FaultFixers when I was in university accommodation as well as working in plush corporate offices but it didn’t exist – so I got to work making it” – Tom O’Neill
Founded in 2017, FaultFixers has gone from strength to strength and is now an 8 person team. The team is now working on releasing the latest version of FaultFixers which includes powerful planned maintenance (PPM) features designed for simplicity.