WeQ4U
🐉 Dragons' Den UK · Series 10, Episode 7 · 2012

WeQ4U

Founder: Matt King Category: Tech & Electronics
No deal

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About WeQ4U

Queue-it is a private Danish company founded in 2010. It has developed systems to cope with website traffic congestion by directing visitors to a queue where they can wait until access can be facilitated. The company has achieved success by managing ticket sales bottlenecks for large, popular events. Clients include Ticketmaster, IKEA and Tokyo Metropolitan Government, among over 1000+ customers in ticketing, eCommerce, education, financial services and government services. Founded by Niels Henrik Sodemann, Camilla Ley Valentin, and Martin Pronk, the system was initially developed in 2001 for coping with the capacity problems with Gentofte Municipality Ementor Webbooking (a web booking platform for municipalities marketed from 2001 to 2007 by Ementor).

Source: Wikipedia · CC BY-SA 4.0

The Story

App setting callbacks from call centres reducing waiting times

The Pitch on Dragons' Den UK

WeQ4U appeared on Dragons' Den UK (Series 10, Episode 7) in 2012. Matt King pitched the product to the Dragons. No deal.

Where they are now: WeQ4U's pitch failed due to the dragons ridiculing the valuation based on a £40,000 net profit. Dissolved by 2021. Status: Dissolved (2021).

Frequently Asked Questions

Is WeQ4U still in business?
WeQ4U's pitch failed due to the dragons ridiculing the valuation based on a £40,000 net profit. Dissolved by 2021. Status: Dissolved (2021).
Who founded WeQ4U?
WeQ4U was founded by Matt King.
Did WeQ4U get a deal on Dragons' Den UK?
WeQ4U pitched on Dragons' Den UK but didn't strike a deal: No deal.

Related from Dragons' Den UK

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