R2C Online Limited
Industry Sector
IT, Software & Media
Deal Type
Early Stage
Date
2007 - 2019
Website Link
http://www.r2conline.com/R2C Online's core software product provides a powerful ‘community’ data network for the management and communication of commercial vehicle inspection and maintenance records.
How did we help?
Our investment helped the business to rapidly progress its product development roadmap and, consequently, widen its market penetration.
Result
R2C Online was acquired by Keyfuels, the UK’s leading independent fuel card provider into the Heavy Goods Vehicle (HGV) and Light Commercial Vehicle (LCV) market in April 2019, achieving a 12.6x return for the East Midlands Regional Venture Capital Fund.