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New investment for Lightfoot

Date: 26 October 2021   |   Author: Sean Keywood

Driver coaching technology company Lightfoot has announced a partnership with tech investor Volpi Capital.

With the new investment, the firm is said to be aiming for expansion, geographically, commercially, and functionally.

Lightfoot, which uses engine and environmental data to give live performance feedback to drivers, has more than 200 corporate and enterprise customers in the UK.

Founder Mark Roberts said: "Lightfoot's business has enjoyed a tremendous journey of growth and success over the past years whilst being backed by BGF. 

"As we searched for a new investment partner, it was critical that we identified someone who immediately recognised Lightfoot's differentiation and the opportunity that we have. 

"Volpi Capital made a great impression from the start with a strongly engaged team and a successful track record of investing in disruptive technology businesses."

Lightfoot CEO Ru Lyon Taylor said: "Lightfoot has a fantastic partner in Volpi Capital to help realise our ambition for these coming years. We have a stand-out product, momentum in the market, a great team and Volpi's knowledge and support as we continue growing in the UK as well as exploring international opportunities. 

"Equally important is continuing to deliver excellence to our existing customers through continued innovation of our product, improving systems and processes and caring about them individually, all of which Volpi feel as strongly about as we do."