Investor information
Our platforms are implementation-ready for trial programmes. We are seeking approximately £5 million in Data People Connected Ltd to support our go-to-market strategy: deliver scoped trials, convert successful programmes into paid services and build capacity for planned growth. The size, structure and terms of investment are open to discussion.
Who pays
The commercial model starts with one large buyer and the businesses that supply it.
An anchor organisation asks its suppliers to join nodeStream. Liverpool City Region Combined Authority is the proposed launch anchor for the Irish Sea Rim, starting with public procurement networks.
Every participant pays a recurring licence, tiered by size, and keeps one profile it can reuse with every buyer on nodeStream. Usage fees follow once workflows run.
DPC, Investment opportunity overview, October 2026, sections 8 and 10.
An anchor organisation asks its suppliers to join nodeStream, or organisations buy a licence directly. Once workflows run, participants also pay usage fees by transaction volume. New regional networks pay set-up and onboarding fees.
The business modelWe apply an assumed 12 times multiple to the Indonesian company's modelled EBITDA, giving an enterprise value of about £140 million in the base case, with a range of £77 million to £204 million. These are possible year 5 outcomes, not current valuations.
Investment is sought in Data People Connected Ltd. Proposed territory businesses would be financed separately under licence arrangements. The parent company's economic participation in each territory will depend on agreed licence, royalty and equity terms. Supporting models and proposed arrangements are available for discussion. We do not give a group valuation.
Illustrative management scenarios
Our UK operating model in year 5: anchor-mandated Tier 1 suppliers, their Tier 2 suppliers and a direct SME network. Financial projections are illustrative management scenarios and depend on the stated assumptions.
Licences £82.2m, usage £0.9m, implementation and other income £3.9m.
80% margin after £4.2m of central platform costs. £73.6m (85%) before them.
Year 5 closing.
Approximate modelled licence revenue per year-end paying organisation in the UK base case. This uses the year-end population and is not a time-weighted customer revenue measure. Licences are tiered by size.
of the licence fees paid by an anchor's mandated network, returned to the anchor as credit for DPC development time. Not cash.
year 5 EBITDA before central costs if the supplier mix mirrors the wider UK business population, about 28% lower.
Figures are rounded; displayed components may not sum to displayed totals.
Illustrative management scenarios
We model the UK supplier network and a proposed Indonesian territory company separately, and they should not be added together. Both depend on funding, commercial agreements and customer adoption, and no binding deployment contract has been signed yet. Hover or tab through the bars for values.
Year 5 EBITDA after central platform costs, £ million. Illustrative management scenarios.
Year 5 EBITDA after licence royalty to DPC, £ million. Illustrative management scenarios.
| Measure | UK operating model | Indonesia territory company |
|---|---|---|
| Funding assumption | £5m in Data People Connected Ltd | £1.5m initial capital |
| Paying organisations, year 5 closing | 207,471 | 300,000 |
| Licence revenue | £82.2m | £17.0m |
| Usage revenue | £0.9m | Not modelled separately |
| Implementation and other income | £3.9m | £0.5m |
| Total revenue | £86.9m | £17.5m |
| Operating costs | £13.3m | £7.1m, incl. £1.4m royalty to DPC |
| EBITDA before central platform costs | £73.6m (85%) | £10.4m (59%) |
| Central platform costs | £4.2m | Not applicable |
| EBITDA after central platform costs | £69.5m (80%) | £10.4m (59%) |
| EBITDA range, conservative to optimistic | £36.4m to £102.6m | £5.7m to £15.1m |
Figures are rounded; displayed components may not sum to displayed totals. The UK range is after central platform costs. In Indonesia we model about 900,000 organisations onboarded, of which 300,000 pay. The territory company's £1.5m initial capital is a proposal awaiting decision. Source: DPC, Investment opportunity overview, October 2026, section 10.
Use of funds and milestones
£750,000 of Innovate UK funding and more than £700,000 from Brian Bishop, family and friends built the technical foundations. The next phase is trial delivery and commercial growth. Investment will support customer onboarding and integration, agreed trial outcomes, commercial conversion, delivery and support capacity, and continued engineering and security assurance as deployments expand.
Onboard trial customers, integrate with their existing systems and deliver agreed trial outcomes, with continued engineering and security assurance as deployments expand. We plan to use AI-assisted engineering to test and integrate faster.
Our costed staffing plan has 12 people in the first year, rising to 22 in the second, to support commercial conversion, delivery and support. On that plan, approximately £5 million funds about 30 months of the core programme before revenue contributes.
Separate investment through licensed territory companies would fund local market entry and deployment in places such as Europe and South East Asia. For Indonesia a proposal is submitted and a decision awaited.
| Area | Amount | Share of £5m |
|---|---|---|
| Engineering: AI and machine learning, platform engineering, compute and tooling | £1.67m | 33% |
| Security assurance and IP protection | £0.56m | 11% |
| Initial deployments: compliance and professional services | £0.33m | 7% |
| Commercial and territory development | £0.24m | 5% |
| Operations, leadership and office | £0.63m | 13% |
| Total, first 24 months | £3.43m | 69% |
| Balance: months 25 to 30 and contingency | £1.57m | 31% |
scoped trials targeted.
conversions to paid deployments targeted.
Repeatable onboarding, more paying anchors and growth of proven networks.
The current plan targets at least two scoped trials in the first half of 2027 and at least two conversions to paid deployments in the second half. Targets depend on funding, agreed customer commitments and delivery scope. We will track trial outcomes, conversion, paying organisations, delivery costs and support requirements. Later years are meant to be funded by revenue from the UK network. The allocations are indicative and the milestones are proposed targets. Source: DPC, Investment opportunity overview, October 2026, sections 3, 6, 12 and 13.
Terms
The overview covers the opportunity, the platforms, the commercial model, current opportunities, the projections and the team in 10 pages.
We are seeking approximately £5 million in Data People Connected Ltd, the existing company that develops Buttress and nodeStream, to support our go-to-market strategy. We welcome discussion on the size, structure and terms of the investment.
Entry into specific territories would be funded separately, through investment in licensed territory companies.
This cannot be built by one vendor. We are looking for investors who want to build a sustainable business with measurable benefits for industry and communities. Supporting financials, a demonstration, the deployment plan and the financial models are available on request.
Opportunities
These opportunities are at different stages. Binding commercial agreements are still to be secured, and none is a contract yet.
DPC, Investment opportunity overview, October 2026, sections 8 and 9.
Speak to Brian Bishop, Founder and CEO, about the investment and the data room. Email info@dpc-ltd.com.
