Serial Entrepreneur & Angel Investor. Founder L Marks Investment Fund and JLABS
Stuart Marks is a serial entrepreneur who has built and sold four businesses over the past 25 years. They have spanned several sectors including CRM, location-based services and digital media. Every company applied innovation to challenge existing business models.
Stuart has worked with a diverse and international customer-base including Sainsbury’s, British Airways, Unilever, Vodafone, BMW and various Government agencies across the world. His most recent exit was ITIS Holdings plc in 2011. The company was listed on the LSE and was Europe’s leading provider of real time traffic information and connected car technology and was the first company to commercialise crowd sourced data from GPS devices and mobile phone networks.
In 2003, ITIS acquired Estimotion, an Israeli LBS specialist and subsequently all R&D was done in Herzliya with a team of twenty three engineers and software experts. In 2012, Stuart set up the L Marks investment fund and L Marks now consolidates his many investments and manages corporate innovation and venture projects. Amongst these, L Marks manages and co invests in John Lewis’s JLAB retail technology incubator, DPD’s Last Mile Labs and WH Labs by William Hill.