May 10, 2018
Streetbees builds on Series A funding round with senior hires
- Paul Ahern joins as CGO from Parthenon-EY
- Gideon Summerfield, formerly Global Head of Product at Hive, joins as VP Product
Streetbees, the global intelligence platform, has made several hires to its senior leadership team, significantly expanding the company’s expertise.
Paul Ahern joins Streetbees as Chief Growth Officer. Paul will be responsible for ensuring the continued rapid growth of the company as it scales internationally, for building on Streetbees’ client list of major international corporations, and for expanding the sales team.
Paul was previously Managing Director and London office head for Parthenon EY, where he was responsible for leading all London-based private equity work. Prior to Parthenon, Paul successfully turned around a retail pharmacy in Ireland, and he has a long-standing interest in investing in start-ups.
Paul was also the first-ever investor into Streetbees, which recently announced a $12m Series A investment, led by Atomico. That new investment is helping Streetbees to further develop its core machine learning technology, which transforms the real-time data provided by its global community of users into actionable insights for brands.
Tugce Bulut, CEO and co-founder of Streetbees, said: “I am delighted to welcome Paul to the team. Paul brings immense talents in building teams, relationships, and sales, and has both strong commercial instincts and a track record in quickly establishing trust with clients. I am confident that he will add a new dimension to the business and help us scale even further, even faster.”
Paul Ahern, CGO of Streetbees, said: “I’ve spent the last 10 years looking at hundreds of businesses from an investment standpoint, and the investment opportunity that most excited me with its potential to disrupt a wide range of sectors was Streetbees. I was the first investor in the business, and so have followed the rapid progress of the company with great interest, and I’m now delighted to have the opportunity to work even more closely with such a strong founding team.”
In addition, Gideon Summerfield joins Streetbees as VP Product, and Dan Medlock is the company’s new Finance Director. Gideon was formerly Global Head of Product at Hive, where he led the launch of its award-winning Smart Thermostat in the US and Europe and the Hive View camera. He previously lead the product team at Sky TV that built the Sky Q set-top box, and also formerly drove the roll-out of the BBC iPlayer onto millions of set-top boxes, TVs and games consoles.
Dan joins from BT, where he led the Finance team for the UK cybersecurity division of BT Group, and led Commercial Finance during the rapid expansion of the international cybersecurity unit. Before BT, he co-founded a startup and consulted on M&A with KPMG, focusing on technology and digital media in the UK.
The hires come as Streetbees is growing internationally and expanding its team. Senior roles currently on offer at the company include Chief Technology Officer, Head of Data Science and Head of Product Marketing.
Oliver May, COO and co-founder of Streetbees, said: “We are very excited about Paul, Gideon and Dan joining the team at such a crucial time, when we are focused on taking Streetbees to the next level. They will play an essential part in helping us meet our goal of becoming the world’s intelligence platform.”
Streetbees is a London-based global intelligence platform that reveals how people behave, and why, by analysing real-life moments collected from its worldwide users on an always-on basis.
Over 1 million users – or ‘bees’ – across 150 countries worldwide use the chat-style Streetbees app to share moments from their daily lives via videos, photos and text, giving as much or as little information as they like. Through applying advanced natural language processing technology to the results, Streetbees uncovers not just what they do, but also why they do it, and what drives them – and predicts what they may do next.
This allows Streetbees’ customers – who include Unilever, PepsiCo, BBC World Service, Vodafone and L’Oreal – to receive rich insights into communities anywhere in the world at an unprecedented scale and affordable cost, helping them deeply understand new or unfamiliar markets. Using the Streetbees platform, world-leading brands are able to make more informed and accurate decisions about consumer behaviour, and predict future trends with confidence.
Streetbees is backed by some of the planet’s most renowned investors and entrepreneurs, including Atomico, BGF Ventures, LocalGlobe, and Octopus Ventures. Our investors have also backed TransferWise, Zoopla, FarFetch, Graze and Wonga - and founded Innocent drinks.www.streetbees.com
Norval Scott, Head of Communications, Streetbees
mobile: +44 7527 286 552