Late Space is the new app that lets customers see every appointment available for the next 72hrs. Led by Founder Tom, Late Space is on a mission to make the pain of finding a last-minute appointment and the stress of last-minute cancellations for business history. 

 

With 1 in 4 appointments cancelled daily, Late Space’s technology was developed to turn these cancellations into new bookings, helping everyone get the most out of every day.

Late Space hero image
47.6%

Target

£525,000

Raised

£250,000

Minimum

£10,000

  • Some of our current commercial successes (limited location launch)
  • 110+ businesses onboarded 
  • 3000+ app downloads 
  • 1500+ appointments uploaded
  •  £60,000+ appointments uploaded 1 partnership agreement in place with global booking software (Appointedd) 
  • 1 partnership in place with gym membership platform (Club right) Pipeline discussions with 2 additional booking software platforms EIS advanced assurance

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About Us

Late Space is the new app that lets customers see every appointment available for the next 72hrs. Led by Founder Tom, Late Space is on a mission to make the pain of finding a last-minute appointment and the stress of last-minute cancellations for business history. 

 

With 1 in 4 appointments cancelled daily, Late Space’s technology was developed to turn these cancellations into new bookings, helping everyone get the most out of every day.

Investment Highlights

Some of our current commercial successes (limited location launch)

110+ businesses onboarded

3000+ app downloads 

1500+ appointments uploaded

£60,000+ appointments uploaded 1 partnership agreement in place with global booking software (Appointedd) 

1 partnership in place with gym membership platform (Club right) Pipeline discussions with 2 additional booking software platforms EIS advanced assurance

Vision and Value Proposition

Late Space hero image

Late Space aims to become an app of necessity for all appointment-based businesses, giving them a one-of-a-kind tool to fill their cancelled or last-minute open slots. The Lastminute.com of appointments! Late Space – Last-minute appointment availability

Late Space aims to become an app of necessity for all appointment-based businesses, giving them a one-of-a-kind tool to fill their cancelled or last-minute open slots. The Lastminute.com of appointments! Late Space – Last-minute appointment availability

The Problem

On average, 1 in 4 bookings results in a no-show or last-minute cancellation. UK beauty and hair salons are losing up to £1.2 billion every year as a result of no-shows & cancellations.

Target Market and Opportunity

Target Market – Appointment-based businesses Total addressable market – US & UK £26bn.

The Solution

Give any appointment-based business the ability to fill last-minute & cancelled appointments and give customers the ability to find them in their local area.

Business Model

15% commission on each appointment booked through the Monthly app subscription if the businesses wish to ‘boost’ their appointments to the top of the list

Traction and Validation

We currently have 115 businesses signed up for the platform, with more and more joining each week—31 bookings through the app and £1200 revenue. Bearing in mind, this has been a limited launch in small areas.

Marketing and Sales Strategy

The marketing and sales strategy is as follows: funding plays a huge part in what we can do next.

Key Activities Our marketing strategy has a B2B & B2C element in several fundamental areas: 

• Our website 

• SEO 

• Social media 

• PPC 

• Email marketing 

• Telemarketing 

• Networking 

• PR 

Referrals Content will include: 

• Videos 

• Blogs 

• Case studies 

• News articles and press releases 

• Images 

• Infographics 

• Competitions and prize giveaways 

• Reviews 

Team

Late Space . image
Tom Griswood
FOUNDER / CEO

Tom is the founder of Late Space and has a proven track record of delivering quality large-scale projects on time and within budget which will benefit him when running and developing the business. He is an energetic, motivated and dynamic individual with exceptional communication skills. Starting off with an idea of what Late Space has become today is a testament to Tom’s vision, knowledge and aspirations as a founder

Late Space . image
Peter Marshall
CTO

20+ years of international tech scale up experience, including:

– M&A tech integration

– Rapid team scale up (Going from zero to 100s of developers)

– Fundraising (from thousands to millions, multiple times both VC and PE)

– Due diligence preparation and execution

– Technology direction and advisory in startups and scale-ups

– Security assessment

– Aligning organisations around common technical, product or business goals to achieve success

– Defining compelling product and technical visions that propel businesses ahead of the competition

– Vast experience with private equity and venture capitalists

– Agile and digital transformation in small, medium and large organisations

 

Sectors where I possess detailed knowledge of the operating landscape include:

– Healthcare

– Fintech and digital banking

– Data security and compliance

– Hospitality

– HR / workforce management

– Music publishing / media

– Energy / Sustainability

 

How I gained my experience:

As a tech advisor and consulting CTO I have been lucky enough to have worked with some of the biggest and brightest SaaS businesses in Europe as well as taking leading roles in the digital transformation of large multinationals.

 

My journey with these fast scaling, and transforming businesses has allowed me to experience their evolution from concept to full blown implementation.

 

I’ve always been a key player in building out organisations with compelling product and service offerings, sharing in all the pain, struggle, and success that go hand in hand with high growth.

 

Today I bring together this wealth of experience of hands on delivery and execution to help new and emerging businesses navigate their own unique technical and product landscapes.

 

I advise on strategy, product direction, and security, whilst at the same time put in place the engines for scaling both the people and the technology that underpin these businesses.

Late Space. image
Gary White
CFO

Entrepreneurial Director with a varied career across industry and the accountancy profession. Has started and run various companies in recent years in particular with a specialism in technology, sport and healthcare, where a number of investments have been made. Strong professional skills but with an emphasis on helping business owners understand their key numbers and using those to build and develop successful companies with real long term value. Running a specialist R&D tax consulting business which is becoming more of a broader innovation consultancy with a private equity arm.

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