{"id":1297,"date":"2017-03-01T00:00:00","date_gmt":"2017-03-01T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/former-tesco-exec-joins-smart-home-security-startup-cocoon\/"},"modified":"2025-02-28T14:37:54","modified_gmt":"2025-02-28T14:37:54","slug":"former-tesco-exec-joins-smart-home-security-startup-cocoon","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/former-tesco-exec-joins-smart-home-security-startup-cocoon\/","title":{"rendered":"Former Tesco exec joins smart home security startup Cocoon"},"content":{"rendered":"<p>Robin Terrell, former Chief Compliance Officer at Tesco, MD of both Amazon UK and John Lewis Direct, joins Cocoon as Chairman as the firm embarks on an equity crowdfunding campaign with CrowdCube. The campaign was launched on 1 February and currently stands at \u00a31.68 million, so 67% of the \u00a32.5 million target.<\/p>\n<p>https:\/\/youtu.be\/mEHy5N8ngJk<\/p>\n<p>First launched on Indiegogo, Cocoon is smart home security company protecting the home from a single device using unique Subsound\u00ae technology. With over<span class=\"m_2562560397493936034apple-converted-space\">\u00a0<\/span>700,000 UK homes affected by burglary each year, costing insurers +\u00a31.4bn, Cocoon offers affordable protection for the 19 million homes currently not protected by home security systems in the UK.<\/p>\n<p>Robin\u2019s addition to the team will support Cocoon\u2019s growth in retail and partnerships, further helping the team to achieve its\u00a0mission to make protecting the home and people you love simple.<\/p>\n<p>Following a commercial launch in the latter part of 2016, Cocoon has sold to customers in over 50 countries around the world.<\/p>\n<p>Robin Terrell commented:<\/p>\n<p><em>The great thing about Cocoon is that it\u2019s not technology that\u2019s just looking for a problem to solve. It solves a real world problem for customers, in a really innovative way. Throughout my career I\u2019ve seen that putting customers at the heart of your business is critical to success and that\u2019s exactly what Cocoon do.<\/em><\/p>\n<p><em>When I met the team I was really impressed, they have a proven track record. I\u2019m delighted to join them to help scale the business and get Cocoon on as many retailer\u2019s shelves world wide as we can.<\/em><\/p>\n<p>Sanjay Parekh, Cocoon\u2019s CEO, commented:<\/p>\n<p>Robin is a highly respected and successful businessman, bringing a formidable amount of expertise from leadership at brands such as Amazon and Tesco. We&#8217;re absolutely delighted to welcome him to our team as Chairman.<\/p>\n<p>I have no doubt that Cocoon will greatly benefit from Robin\u2019s knowledge, experience and belief in putting customers first in all we do. He\u2019s joining us at a key moment, as we invite our customers to join our journey and invest in Cocoon on Crowdcube. This investment will enable us to expand our retail distribution and insurance partnerships, where Robin\u2019s strategic contributions are already proving immensely valuable.<\/p>\n<p>Seed investors, Aviva Ventures (Investment arm of the UK\u2019s largest home insurer) and Breed Reply (hardware-focused IoT investment division of the Reply Group) are returning to support Cocoon\u2019s fundraise on Crowdcube. The money raised will be used to scale the business &#8211;<span class=\"m_2562560397493936034apple-converted-space\">\u00a0<\/span>expanding sales channels, developing insurance partnerships, refining the manufacturing process and<span class=\"m_2562560397493936034apple-converted-space\">\u00a0<\/span>supporting the company\u2019s growth.<\/p>\n<p>Read Cocoon&#8217;s <a href=\"http:\/\/www.bytesnap.co.uk\/about-us\/experience\/case-studies\/iot-smart-home-security-system-design\/\">electronics design <\/a>story here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robin Terrell, former Chief Compliance Officer at Tesco, MD of both Amazon UK and John Lewis Direct, joins Cocoon as Chairman as the firm embarks on an equity crowdfunding campaign with CrowdCube. The campaign was launched on 1 February and currently stands at \u00a31.68 million, so 67% of the \u00a32.5 million target. https:\/\/youtu.be\/mEHy5N8ngJk First launched [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,19,21,31],"tags":[91,106,121],"class_list":["post-1297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding","category-innovation","category-m2miot","category-tech-sparx","tag-funding","tag-innovation","tag-m2miot"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Former Tesco exec joins smart home security startup Cocoon - Regional technology news - North - TechSparx - Business technology stories in the North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techsparx.co.uk\/north\/former-tesco-exec-joins-smart-home-security-startup-cocoon\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former Tesco exec joins smart home security startup Cocoon - Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"og:description\" content=\"Robin Terrell, former Chief Compliance Officer at Tesco, MD of both Amazon UK and John Lewis Direct, joins Cocoon as Chairman as the firm embarks on an equity crowdfunding campaign with CrowdCube. 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