Flooring Hut is a UK-based technology company that aims to disrupt the UK flooring industry valued at £2bn in 2017. Touted as the smarter way to buy new carpets & flooring, Flooring Hut has made 24,000+ online sales across domestic and trade sectors by building a huge network of independent installers. The company's USP is to connect a disjointed market and allow customers access to value products, samples, leading brands and a suitable, vetted local installer to perform the work. The key to its success to date has been a consistent and reliable mix of pricing, availability, and selection. Till date, the company has 786 registered trade customers, 140+ Flooring Hut Installer Network of members, and 12,000 products available for sale. With the proceeds, the company will develop its self-service platform functionality for customers and expand its reach on social media and affiliate marketing.
days to go:
Expired
investment:
£57,077
Staark makes cycling clothing that aims to cater to all body shapes. The company argues that current premium cycling and spin brands are cut to a single shape, optimised for the top 20% of cyclists. Staark intends to change this and bring its products to 80% of cyclists with high disposable income who are not ‘elite’ shaped. It delivers a fit based on specific body shapes using Dimensioning Technology (DT). Staark asserts that its innovative designs target cycling and indoor/spin for both men and women, with future diffusion into the wider Athleisure market, which is set to be worth $517 billion by 2025. The company has indicated that Spring 2021 is when it expects to launch its products. Staark will use the investment to enable the company to run its first productions, fueling the initial product launch.
days to go:
Expired
investment:
£161,035
DNApal is a personalised diet, health and fitness app that combines DNA infomation with other factors like age, weight, diet, family history and health goals. Two of the largest consumer DNA companies, 23andMe and Ancestry.com, have tested over 18m people. DNApal is capable of interpreting DNA results from these companies to provide precise recommendations on how to improve diet, hormone balance, weight loss, sleep, fitness & more. The company also won the best pitch at VentureFest 2019 at Oxford Brookes University. DNApal is aiming to launch MVP in January 2020 (iOS). The company is also aiming to recommend further testing and specific supplements where necessary and offer 1:1 consultations with a specialist. With the fund raised, DNApal plans to develop the full scope of the app, weekly goals, content challenges to keep users committed.
days to go:
Expired
investment:
£49,990
Boundless Labs' Moodspace is an online learning platform for mental health treatment. It was commenced as a passion project between friends in 2014 later evolving into an application. The company takes established concepts from mental health therapy and re-imagines this teaching for a digital world, as daily mental health workouts. The platform has 5,400 monthly active members as of January 2020. Moodspace aims to teach the full breadth of therapy and empowers everyone to take control of their mental health. With the proceeds, the company will curate a wider breadth of mental health concepts and cultivate partnerships within the mental health ecosystem that includes building B2B relationships directly with therapists.
days to go:
Expired
investment:
£55,710
Nutrifix is an app that locates healthy meals nearby or selects recipes or delivery options all tailored to you bodies needs. The app is like having a personal nutritionist in your pocket and is in a growing sector as the global value of mobile health solutions is set to reach 83,000,000,000 by 2022.
days to go:
Expired
investment:
£194,310
Nutrifix is a web platform that provides companies with a virtual staff canteen and employees with a personalised weekly meal plan from local restaurants and catering companies that deliver straight to the user’s workplace. Their mission is to take away the stress of healthy eating, making personalised nutrition a reality. Nutrifix also featured in Forbes in April 2019 and has recorded 15,000 app downloads till now with over 8,000 newsletter subscribers. The proceeds will be used for product development, marketing, engineering and operational purposes.
days to go:
Expired
investment:
£268,160
Pedal Me uses high-tech cargo bikes, trailers and trained riders to provide delivery & taxi services when needed. The company offers a solution that will out-perform motors in car-centric cities as bike-friendly measures like bike lanes are introduced. As of now, the company has 32 bikes and 45 staff in total. It has witnessed a strong MoM growth (19% on avg). The trips provided by Pedal Me has negligible carbon footprint in comparison with vans, taxis or electric vehicles. With the funds, the company will improve the technology, maintain speed with demand, develop the staff and balance the process.
days to go:
Expired
investment:
£421,330
BEEN London is a next-generation sustainable accessory brand which converts waste into beautiful products, for customers all around the world. They aim to change the way people make, perceive and buy beautiful things and want to make everyone part of the solution, involving local artisans and people with learning disabilities in the growing economy of sustainable fashion. Till now, they have successfully shipped orders to 18 countries worldwide, achieved profitability from Year 1 and launched 17 different products including backpacks, laptop cases and tote bags. BEEN is a UK FUTURE 20 startup, a finalist at the Sustainable Lifestyle Awards, and a profitable company looking to scale up into a global, game-changing sustainable brand. BEEN have been approved for investment by London Fashion Fund. With the funds, they want to accelerate sales, increase margins and turn other streams of waste into new incredible products.
days to go:
Expired
investment:
£325,589
Karshare connects renters with owners, giving those with cars the opportunity to earn extra income while those in need of a car can rent from their local community. The company aims to unlock community car sharing by tapping into the estimated 10 million cars parked at UK airports each year and 38 million vehicles parked on UK streets. Karshare's platform features telematics and keyless technology allowing for cars to be booked instantly and unlocked using facial recognition. Karshare has a TrustScore of 4.9/5 and 852 reviews. It has onboarded partners such as Allianz Insurance, OCTO Telematics, Rentalcars.com, and RAC. Karshare has featured in press publications like The Times, Huff Post, BBC and Evening Standard amongst others. The company will use 25% of the investment for business operations, 45% for growing the business, and 31% for developing User Experience (UX) and functionality.
days to go:
Expired
investment:
£1,444,182
Neat Nutrition is a UK based company that aims to make 100% plant-based protein powder using simple and nutritious ingredients. Its current lineup includes two varieties, namely Pea and Hemp, and Whey. The plant-based supplement market is due to be worth $7.38 billion by 2026. Neat Nutrition wants to capitalise on that potential. It has sold more than 1 million protein shakes in 32 countries and has been featured in prominent publications like Women's Health, Vogue, GQ, Esquire & Men's Health. It was awarded Men’s Health Reader’s Choice Best New Product Award in 2017. Moreover, in 2018, Neat Nutrition raised £1.46 million that helped it to invest in its proprietary platform, brand, and infrastructure. It has built key relationships with established entities such as Lululemon, Net-a-Porter and Mr Porter. With the investment, the company will push forward new product development and open up new distribution channels.
days to go:
Expired
investment:
£287,920
