Actve is on a mission to change the way people connect with their favourite fitness creators. The company aspires to help creators earn an income and build a subscription business. Actve asserts that it caters to a variety of creator needs allowing them to live-stream their workouts, offer guided programs to customers, or use Actve's software to manage their clients. The company aims to become a contender in the digital fitness market that is projected to be worth £21 billion by 2022. It aims to launch its platform in September 2021. Actve will use the investment to develop its platform, hire key staff, build its user base, and work towards becoming an industry champion for fitness creators.
days to go:
Expired
investment:
£165,627
Amchara Health specialises in bringing a better approach to creating a personalised health solution tailored to a person's needs and goals. Its aim is to educate and empower people about better health choices. This residential retreat brand is developing three health & wellness applications: HealthHub360, MyAmchara, and Amchara360. In the first 12 months, the company will aim to achieve more than 100,000 downloads of the Healthhub360 application. With the proceeds, Amchara will be marketing the MyAmchara app and rebrand it. Furthermore, there will be an international development of the application to cater to Canada, Australia, and the USA.
days to go:
Expired
investment:
£167,619
Amino focuses on targeted nutrition using amino acids to improve human health, emphasizing the untapped potential beyond sports and bodybuilding. Currently offering pre- and intra-workout amino acid drinks, the company aims to expand its product line to cater to a broader consumer base, believing the market lacks variety in ready-to-mix powdered blends. Backed by scientific research and a commitment to taste and accessibility, Amino aspires to emerge as the leading global brand in amino acid products.
days to go:
Expired
investment:
£193,219
AnyGood? is a crowdsourced talent platform that aims to reshape the UK's recruitment industry by ensuring that employers get access to the best candidates at a lower cost. AnyGood?, partnered with Beam, is also involved in tackling the increasing crisis of UK homelessness by connecting people with training and skills. Recognized by PricewaterhouseCoopers (PwC) as a quality startup, the company has hit several milestones in 2018 such as 320 candidate referrals, the addition of 117 new roles, and recognition by Sharing Economy UK. AnyGood? is now on a Business Growth Programme, and has a forecasted global growth of $335m by the end of 2025.
days to go:
Expired
investment:
£439,427
A personal fitness app that aims to provide affordable and accessible training on demand. Auro offers classes for specific needs via an audio coach; from increasing stamina, to losing weight. Each class includes a motivational trainer with a dedicated playlist. The company also utilises artificial intelligence to personalise workout programmes for each user and has filed a patent for this technology.
Auro’s app has already received more than 10k downloads and is backed by top investors, such as the founders of LoveFilm, Zoopla and Passion Capital. The company is raising funds to scale the business further in the UK and expand into Europe.
days to go:
Expired
investment:
£262,230
Bank of Telecom is the global marketplace for secure voices trade. Members have access to live traffic and pricing and can post routes on their own terms and pricing to ensure simple and secure trading.
days to go:
Expired
investment:
£450,000
BeneTalk is an innovative digital therapeutic solution, providing on-demand support to individuals who stutter and their families, aiming to enhance their quality of life and confidence. Stuttering affects millions globally, and with limited specialized therapy options, BeneTalk addresses accessibility challenges by offering timely assistance, aiming to mitigate the higher risk of low self-esteem and mental health issues faced by individuals who stutter and their families.
days to go:
Expired
investment:
£173,123
After a successful fundraise with Funding Tree last year and subsequent growth since, specialist wedding planning service Bespoke Weddings Ltd is raising funds for a second time as it seeks to finance further growth and expansion.
Note to investors:
This loan is underwritten by Jeff Sills who has provided us with a personal net worth statement which exceeds the amounts outstanding on Funding Tree loans.
Business growth
Prior coming to Funding Tree in June the business only covered one UK region, bringing in around 73 bookings. One venue in particular, Shottle Hall, generated £42,120 for the business from 52 weddings in the time prior to the Funding Tree loan.
Since securing said loan from 31 Funding Tree investors in June 2015, Bespoke has been scaling the business in line with its long-term strategy to cover more UK regions.
As part of developing a network of venues and planners, the business hired a new divisional coordinator and four new regional coordinators. It also trained 18 new wedding planners and appointed a further 9 wedding venues in the East Midlands. Furthermore, the business created a new wedding website for all the Brides & Grooms.
This has enabled the business to increase bookings from 73 to a forecasted 180 a year, which the planners are on target to achieve.
Revenue Model
Under the name The Platinum Wedding service, Bespoke charges the Bride and Groom £500 for each booking plus a booking fee for the wedding suppliers, which is £185 (on average), plus ‘on the day’ wedding planning which is a minimum of £125.
Each wedding booking is bringing in around £810. Further revenue streams include the business offering ‘exclusive offers’ at venues, which brings in a commission of £500 per booking.
Looking ahead
Jeff Sills and his team are now targeting further growth opportunities in the Midlands and London/South East, followed by the South West and North of England.
To carry out expansion plans, the business is seeking a further loan of £25,100 over 36 months. This will be used to raise the number of venues in each region to 20.
With more wedding venues on his books, Jeff expects to increase the number of enquiries into the business to around 800 each month per region, with around 600 bookings expected per year.
Case study
The growing success of the business is evident from the following case study. In just 12 months The Platinum Wedding Service achieved the following for one of Bespoke’s wedding venues - Shottle Hall, Derbyshire:
52 Additional Wedding Bookings (an increase of over 50%)
Increase in Sales of over £300,000
Increase in Net Profit of £167,423
Increase in Net Profit of over £600%
days to go:
Expired
investment:
£10,040
Offering coached performance training through an immersive class experience in a premium boutique gym environment. Binary Fitness are in the process of building a multi-purpose training hall and two spaces for classes that will deliver CrossFit courses, as well as yoga and strength sessions.
Binary Fitness currently has 200 members that pay a monthly membership averaging £160 and has YoY net membership growth of 34% up to September 2018. In the past 3 months, the company has achieved sales averaging £30k per month. Revenue is generated via tiered membership subscriptions, personal training, a café and brand merchandise.
days to go:
Expired
investment:
£707,630
Bioepic is an app which enables users to easily and non-invasively measure their health status in just 30 seconds using just a smartphone. The app calculates pulse wave velocity, body temperature, blood pressure, heart rate variability chaos, vascular stiffness and the effectiveness of inhalers.
days to go:
Expired
investment:
£12,500
