What initially drove you to start Zeti? I was working in institutional investment management and saw a report stating that transport was the biggest emitter of pollution in the UK. At the same time I knew that there was demand from investors to fund sustainable assets other than renewables, ie. solar, wind and battery storage. I thought that if financing of vehicles could be more flexible and data driven, then people would use it to purchase cleaner vehicles.
What does this latest funding enable Zeti to do? Lots! Whilst I'm confident that Zeti's Hub platform is market-leading, it has the potential to deliver so much more. The investment will be used to deliver this potential and scale its impact. Which customers are you targeting post-raise? We have growing demand from the logistics and mass-transit operators, as well as financial institutions wanting to use the software for their own ESG financing initiatives. These will no doubt feature in our near term activities. What new product features are you most looking forward to? We're continually incorporating new asset types and services to provide a simplified holistic financing solution for our customers. I'm excited to see what value this capability will help these organisations unlock. What are you most excited about for Zeti's near-term future? I anticipate we will broaden the asset- types and markets that Zeti's technology can serve. We are seeing increasing demand for our services to support heavier vehicles, such as buses and HGVs, but we’re also seeing an increased demand from suppliers of clean energy generation, those of transportation infrastructure and even from suppliers of green construction equipment.
How did you first connect with HYCAP?
Zeti had (quietly) been making a name for itself by a number of financings that our technology had enabled. I was at an event in New York when I received a call asking if we wanted to meet the HYCAP team. We met on my return to London, had a meeting of minds and the rest is history!
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