Startup Stories - Adam Boyle
Founded in 1987, Pegasus doesn’t have a traditional startup story and instead finds its roots as a pure labour-hire company. But a couple decades later, when the competition moved to Newcastle Pegasus lost its largest labour hire contract with Rio Tinto and found itself in need of new sources of revenue. Adam Boyle was brought on as Chief Executive in 2007 and tasked with diversifying the business and concentrating future investment on growing and commercialising their tech product, Onsite Track Easy.
With Adam at the reigns, Pegasus is now a purely software-based company that provides workplace management solutions to companies including Woolworths, BHP, Visy, Lendlease, Aurizon and Ausgrid. The tech lets organisations manage their contractors and workers, giving them control over qualifications, competency, inductions, training, site safety, and assets on site. Adam and his team have set their product apart, leveraging their deep industrial roots and by keeping the customer and user front of mind with a single networked ‘passport’. They understand the problem and make it easy for workers to move across industries and organisations while getting to work safely.
Since 2013 Pegasus have experienced close to 25% year on year growth and expanded their database from 20,000 workers to well over 3 million. More recently, the team have raised $28million from Silicon Valley tech investment firm Accel-KKR to take their product to the US, UK, and Europe. Join us for Startup Stories and hear from Adam his story of building a world-class tech company from Newcastle and how they’re scaling their solution across the globe.
Event is free but bookings essential - register here.
Order of Proceedings
8:00AM - Zoom webinar commences and guests log in
8:05AM - Housekeeping and introduction
8:10AM - Overview from Adam Boyle
8:20AM - Participant submitted Q&A
8:50AM - Additional Q&A with live audience
9:00AM - Event concludes
What is I2N?
The University of Newcastle's Integrated Innovation Network (I2N) fuels the success of innovators and entrepreneurs to build great businesses by connecting them with community, coaching, customers and capital. We do this through a range of programs across our I2N Hubs at Hunter Street, Williamtown, Muswellbrook and Honeysuckle (opening 2021).
This event is part of the Spark Festival livestream: two weeks of Australia-wide content all about startups, innovations and entrepreneurship. Whether you're looking for the inspiration to get started, the learnings you'll need to start and grow a business, or the connections who will help you make it happen, you'll find it all at Spark Festival.
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- I2N Virtual Hub