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BoilerJuice

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Online heating oil retailer

BoilerJuice was founded by a group of friends in 2004 with the aim of making ordering heating oil easier, cheaper and more convenient. The website matches customer orders with supplier capacity in local areas, encouraging competitive prices. As a result suppliers maximise volumes and optimise deliveries.

 

Firing up growth 

  • Our investment is supporting BoilerJuice to expand throughout the UK, to develop its technology, supplier network and to improve customer service. 

  • Since investment a new chief executive has joined to support founder transition and to assist in the development of the growth strategy. We have also appointed a new CFO whom we worked with previously at Inov-8 and an experienced chair with a digital background. 

  • We are helping the team to scale their IT infrastructure and since investment BoilerJuice has launched a new app to help make ordering quicker. 

  • Matt Upton from Livingbridge said at investment, “BoilerJuice is a true consumer champion that uses a technology-enabled solution to solve a longstanding problem for its customers. The business has grown steadily since its inception thanks to strong levels of customer loyalty and we are incredibly excited about bringing to bear our experience in the technology, energy and services sectors as we look to increase the Group’s profile and grow the business into a truly national brand.” 

 

 

“The investment from Livingbridge will enable us to invest in the technical development and evolution of the BoilerJuice.com transactional platform – and I am tremendously excited about what the future may bring.”

Paul Ward, Founder 

Timeline

2004

BoilerJuice founded by group of friends

2016

Livingbridge invest in BoilerJuice

2016

New chief executive joins from national discount diners club