Is Time:O:Stat Still in Business? (2026 Update)
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Look for Time:O:Stat on AmazonFull story →Anthony Cherry, himself a landlord running shared houses, pitched a thermostat that limits heating in student and multi-occupancy properties to set cycles, after seeing his own bills drop by close to two-fifths.
He asked for £80,000 against 30%, and Touker Suleyman backed the deal.
A quantifiable saving aimed at a specific customer
The device is marketed to property owners and managing agents rather than the tenants living in those houses, addressing a cost problem that is easy to demonstrate with real figures rather than an abstract benefit. Coming away with the same terms he walked in asking for suggests the savings numbers held up under scrutiny.
Suleyman's own background sits in fashion and retail rather than property, but a gadget with a clear, measurable saving and a large pool of potential buyers tends to appeal to Dragons regardless of their usual sector.
What later reporting claims
Sources describe the product being used by more than 10,000 landlord customers, alongside pushback from tenant advocates who argue the heating limits are unfair to renters.
The commercial and the ethical questions here sit genuinely apart: a device can sell well to landlords and still be resented by the tenants living under it.