Andy Young co-founded Internet Company Groupspaces.com in 2006 with university buddy David Langer. He and David came up with the idea for GroupSpaces while studying Computer Science at Oxford University.
Groupspaces.com provides a platform for groups and communities to manage themselves online. The inspiration came about after experiencing the frustration arising from poor online organisation of societies at Oxford.
Andy was a part of many clubs and societies at university, including the Oxford Entrepreneurs student society and felt the need for a better way of organising themselves online. He and David were inspired to run with the idea and the business venture began.
Andy decided to take a year out to start the business. This proved to be a good move for him as the business developed nicely, and he even managed to complete his degree in 2009. He shows it is possible to start a business while at university.
Andy has many years experience of professional web development working for a number of firms and is heavily involved in GroupSpaces product development.
After trialling the service with 300 societies in Oxford during 2006-07 they managed to secure 40 advertising contracts with blue chip companies.
This was after seeing 5,000 unique visits a month. GroupSpaces managed to get funding through Angel Investors, sought through Oxford Early Investments, following a successful pitch. This allowed for the rapid development of their product.
GroupSpaces has seen encouraging growth with over half a million users and expansion internationally.
Andy is a young exciting entrepreneur with an interest for music. Andrew had the bravery to execute his idea and present to some of the biggest companies. His belief and commitment, to solving a problem he has encountered, at a young age is commendable and he surely has a bright future.