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Outfit is already making more than $750K with its recurring revenue model in its first year, and Bruce plans to grow the business to $10mil recurring revenue by 2020. He is looking at a Series A round of funding in the next 6 months as well.
Investing further in GO1 was a no brainer. GO1 is the perfect example of a startup who absolutely gets it and is poised to grow rapidly all over the world into a leading provider of learning and management platforms.
CEA will host TimeLooper for a six month period, helping the team to connect to the local start-up networks, provide access to mentors and its onsite coworking space, The Coterie, business advice, access to its incubator masterclass program, exposure at Creative3 and other levels of support required to accelerate the growth of the platform.