Thursday September 24, 2020

Top billing for Ultan Technologies

Founder Cathal Brady turned down funding after setting up the company because he was reluctant to give up equity

2nd February, 2020
Cathal Brady, founder of Ultan Technologies: ‘We’re not overly worried about Brexit’ Picture: Fergal Phillips

Keeping the cash flowing can be challenging for start-ups, particularly those selling a new technology to an established market.

Cathal Brady got around this problem in the early years by supplementing income from sales of Ultan Technologies, his cloud-based software company, with consultancy services aimed at his target market.

The business has developed a platform that helps local authorities and energy, water and gas providers, to manage billing.

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