2007 headquarters london key people currently anonymous website groupspaces.com groupspaces styled groupspaces is a london based online company that provides technology to help real world clubs societies associations and other groups manage their membership and activities and promote themselves online . 1 founded by oxford university students david langer and andy young the company was launched in the united kingdom in 2007 2 and has since expanded into the united states and over 30 other countries . 3 as of november 2010 its software is used to host over 1 million memberships . 4 contents 1 revenue and funding 2 founders 3 awards 4 references 5 external links revenue and funding edit groupspaces generates revenue via a combination of premium accounts targeted advertising and transaction commission from payments made through the site . groupspaces has also partnered with many leading nationwide networks of groups such as sife engineers without borders and the british judo association . 5 the company also generates revenue by allowing graduate recruiters to advertise their campus activities and promote their opportunities to a highly employable community of students throughout the whole academic year . campaigns can be targeted to specific universities and audiences such as fraternities hobbyists and entrepreneurial clubs . 6 since 2007 groupspaces has worked with over 70 graduate recruiters including allen & overy clifford chance slaughter & may freshfields bcg mckinsey & company accenture deloitte pwc kpmg citi jp morgan barclays capital morgan stanley bank of england deutsche bank credit suisse rbs ubs lloyd s of london and the nhs . groupspaces also works with many of the leading recruitment agencies in the uk including euro rscg riley sas design thirty three tmp worldwide stafford long work communications mediacom and city & law . 7 the company raised a small amount of angel finance from avonmore developments in january 2008 . 8 in june 2010 it secured a 1.3 million 860 000 investment round from index ventures and a leading angel investor consortium including dave mcclure chris sacca simon levene meagan marks ariel poler and quincy smith of code advisors . 9 the previous backers stephen bullock and simon and michael blakey of avonmore developments also participated in the round . 10 the funding has been used to expand both the technical and marketing teams in both the united kingdom and united states . in the first few months of operation in the united states top schools such as harvard yale princeton mit and stanford signed on with groupspaces . 11 in april 2013 andy young walked away from groupspaces 12 and by july 2013 it had become a ghost operation with no customer support and no development . 13 the uk companies registry started compulsory winding up against the company in april 2013 14 and although this was withdrawn as of 3 november 2013 the company was again overdue with required filings . 15 founders edit groupspaces was cofounded in october 2007 by david langer 25 and andy young 26 while the two were students at oxford university . after studying how their college s clubs and societies worked and running a few themselves the two came up with groupspaces . as a student langer was president treasurer captain webmaster and a member of groups with activities ranging from triathlon to table tennis . he cofounded groupspaces while studying for a mathematics degree at oxford university and was subsequently awarded second place in the 2007 uk graduate of the year competition . 16 langer previously worked at jp morgan mckinsey & company and lehman brothers . andy young serves as cofounder and cto of groupspaces . he is the creator of selective tweets the most popular third party app to link twitter and facebook with over 500 000 users and 1.5 m status updates per month . 17 awards edit on april 13 2011 groupspaces was named the winner of the social networking and collaboration category of the startup 100 awards . 18 references edit groupspace attracts high profile investors . new york times . 2010 07 02 . retrieved 2011 02 26 . butcher mike 2010 06 30 . groupspaces secures 1.3 million and brings valley players on board . techcrunch . retrieved 2011 02 27 . tyler richard 2010 07 01 . groupspaces secures 1.3 million and brings valley players on board . london telegraph . retrieved 2011 02 27 . . crunchbase . 2010 07 01 http www.crunchbase.com company groupspaces . retrieved 2011 02 27 . missing or empty title help . crunchbase . 2010 07 01 http www.crunchbase.com company groupspaces . retrieved 2011 02 27 . missing or empty title help . recruiter magazine . 2010 09 15 http www.recruiter.co.uk groupspaces makes a bid to join the us club 1006877 . article . retrieved 2011 03 01 . missing or empty title help . recruiter magazine . 2010 09 15 http www.recruiter.co.uk groupspaces makes a bid to join the us club 1006877 . article . retrieved 2011 03 01 . missing or empty title help butcher mike 2010 06 30 . groupspaces secures 1.3 million and brings valley players on board . techcrunch . retrieved 2011 02 27 . cellan jones rory 2010 07 05 . uk dotcoms two success stories . bbc news . retrieved 2011 02 25 . oxford s groupspaces raises 1.3 m for online club administration system . science business . 2010 07 08 . retrieved 2011 02 26 . groupspaces raises 1.3 m from index ventures and launches in u.s. university market . online recruitment . 2010 09 01 . retrieved 2011 02 26 . http insomanic.me.uk post 48136679276 looking back at 7 years with my startup groupspaces http support.groupspaces.com discussions questions 512 what has happened to support http www.companiesintheuk.co.uk company documentextract 63310948 http www.companiesintheuk.co.uk ltd groupspaces x ymg8msv david langer crunchbase profile . crunchbase . retrieved 2011 02 21 . andrew young crunchbase profile . crunchbase . retrieved 2011 02 21 . 2011 startup 100 awards announcement . london telegraph media group limited . 2011 04 13 . retrieved 2011 04 15 . external links edit official website retrieved from https en.wikipedia.org w index.php title groupspaces & oldid 651679002 categories internet advertising services and affiliate networksinternet marketinggroupwarehidden categories pages with citations lacking titlespages with citations having bare urls navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 16 march 2015 at 20 04 . text is available under the creative commons attribution 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