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AWARD-WINNING BRISTOL-BASED BUSINESS BRINGS IN NEW BOARD MEMBERS TO RAMP UP GROWTH

By November 12, 2021EXIST, STEMM

Data3, the award-winning, Bristol-based data and artificial intelligence lab has two new faces to add to their Board – Ian Rummels, founder of Cloud8 and PES, joins as the Chair, and Dan Lewis, serial tech entrepreneur, joins as NED. 

The timing coincides with a pivotal time in Data3’s business growth. In August 2021, Data3 transformed from a data agency to a SaaS business, with the launch of the myDATA3, the only business tool to offer instant dashboards and benchmarking to SMEs. At the same time, they announced their launch of Data3 New Zealand as well as plans to open Data3 Australia later this year. 

Helen Tanner, founder and CEO of DATA3 says “We have 100+ businesses onboard already, and we have ambitious growth plans. With Ian and Dan joining our Board, we’ll be well positioned to enable global SMEs to check their business performance, just like they’d check the weather.” 

“I’m really excited to be joining Data3 at such a pivotal stage in its journey. Helen is very impressive and has made fantastic progress so far. Data is such a hot topic. Most businesses know they need to make the most of the data they have. But many don’t know where to start! What Data3 have built, in such a short space of time, is very exciting and I can see so much value for so many businesses.” says Ian Rummels, Data3’s new Chair. Ian started his career with Ernst & Young where he headed up their employer solutions business across the South. He then left to set up Bristol based consultancy PES, focusing on providing a range of HR and employee benefits solutions to UK employers. In 2019, Ian spun out the technology that PES had developed into a new business, Cloud8. His experience of business development, raising finance, developing technology, and creating a product/SaaS model from within a service business (and the mistakes made along the way) will offer significant value to Helen & Data3 as they move along a similar journey.

Dan Lewis, Data3’s new NED, says “This is a fantastic opportunity to help a devoted and passionate founder. As a serial founder of a few products, I always find myself staring at reams of marketing and sales data. Jumping between a sea of tools trying to build simple reports, that end up taking hours of my time, that I can never get back. I’m excited to help Helen to grow myDATA3 and see the impact it could have in a very large, global market space.” Dan has founded and grown a number of tech startups since 2011, raised £1.5m+ seed investment, grown a business in the UK & US, and built tech teams. With 10+ years of startup experience, Dan has a huge wealth of product and growth knowledge that will help Helen ramp up the business growth plans.

Data and myDATA3 have ambitious growth plans for 2022 and beyond. Bootstrapped up until now, the business is seeking investment in their first seed round in Q1 2022.