Ayoa by OpenGenius is an intelligent digital workspace for remote teams to manage meetings, build plans and action tasks. Launched in June 2019, Ayoa already has over 12,000 paying users and c. 300,000 users who have signed up for the free product. Ayoa is used by many people at reputable organisations such as the BBC, Ernst & Young, and Cambridge University. It has an average customer rating of 4.5 stars from 1,000+ reviews across the Apple App Store, Google Play and Capterra. Moreover, the company's CEO, Chris Griffiths, has been featured in several publications such as the BBC, The Times, Forbes, GQ, and The Telegraph as an expert on topics such as creativity and productivity. With the funds received, the company will further develop its product by releasing newer features such as Smart Meetings, and Intelligent Digital Workspace, smoothening powerful integrations and integrating AI tools into the application.
days to go:
Expired
investment:
£1,143,029
GeoDB is a decentralised peer-to-peer big data-sharing ecosystem, powered by Blockchain Technology, which rewards you for data generated. Users upload their data to the ecosystem and in exchange get rewarded for the data generated and datasets are purchased by buyers to access the data pool. It aims to solve the existing inefficiencies of the data industry. Till now, the company has launched Data Generator Network and Data Generator App GeoCash. The company has secured partnerships with five big data companies from Europe & Latin America. Their app is available on the google play store. Also, they have over 15,000 social media followers, including Telegram, Wechat, Twitter, Linkedin, and Medium. The proceeds will be spent on team building, marketing and growth of their Token to increase its visibility and presence in more significant and liquid exchanges.
days to go:
Expired
investment:
£1,527,399
Wombat is an investment platform that encourages millenials in the UK, Europe and beyond to invest in some of the world’s best-known brands for as little as £10. Their mission is to empower the generation of millenials to manage, save and grow money by breaking down barriers to traditional investing. The Wombat app was launched in the summer of 2019, and the company has already acquired more than 5,000 customers. Moreover, the company was nominated as Best Newcomer for the Robo Investing Awards and received positive press coverage. With the proceeds, Wombat is planning to build a strong customer base, fulfil growth strategy with a significant increase in marketing, product development, and to educate customers about investing.
days to go:
Expired
investment:
£435,717
CrowdToLive is a Financial Conduct Authority (FCA) regulated financial technology company that seeks to revolutionise residential property financing and investment. It claims that 4 out of 10 young homeowners in the UK have had their mortgage applications rejected. CrowdToLive intends to change this by facilitating a circular flow of finance between buy to let investors and the homebuyers. It argues that its platform allows buyers to own their homes without incurring debt and lets investors reap the rewards of the housing market without the hassle of tenant management. The company claims it has built a community of over 7,000 users, submitted over 2,600 properties for a value of circa GBP 600 million, and is a part of accelerator programmes such as Virgin Start-Up Accelerator Programme and Barclays Eagle Lab Accelerator Programme. CrowdToLive intends to use 10% of the investment to support international expansion, 15% towards business development, 40% towards hiring key personnel, 25% towards upgrading its IT infrastructure, and 10% towards marketing.
days to go:
Expired
investment:
£339,744
Expend helps businesses by simplifying and automating the process of expense management. The company provides optional contactless payment cards, receipt and invoice management, mileage tracking, spending approvals and expense reimbursements through its mobile app and web platform. It aims to become a contender in the global travel and expense management software market that is expected to reach $17.4 billion by 2027. The company argues that 96% of its customers are happy and recommend its services. It has onboarded notable clients such as Amazon, Capitalise, Bumble, and Jimmy's. The company will use 40% of the investment on sales and marketing to further target the Small and Medium Enterprise (SME) and corporate markets, 40% to open up market opportunities via further product enhancements along with partner products, and 20% to expand its services to international users.
days to go:
Expired
investment:
£926,610
Percayso is a Business-to-Business (B2B) insurance technology entity that aims to become a contender in the £220 billion per year UK insurance industry. The company claims that conventional methods of finding the best insurance premiums has its share of hurdles. Percayso intends to change this. It points out that its portal allows users to find relevant premiums, reduce chances of fraud and increase profit, all in a transparent layout. The company has already signed four clients. It argues that it has a strong pipeline of 25+ opportunities and aims to convert at least 50% of these. It will use 45% of the investment for platform development, 20% for third party integrations, 20% as working capital, 10% for product and international development, and 5% for marketing and networking.
days to go:
Expired
investment:
£437,134
Atom Universe (AU) is an established virtual world, available on PC and consoles that allows players to create their avatars, explore a vast 3D universe, and meet like-minded individuals from all over the world to chat and play with. The company asserts that its game has seen over 2 million downloads with an average of 20,000 unique players registering every month. AU claims that the revenue from in-game purchases added up to over £500,000 since the company's launch in 2016. The company has partnered with Crash Media providing players access to over 100 Kung-fu movies to play in its Kung Fu Theatre, signed up with Valiant Comics to open its comics store, and plans to run an NBA 2K eSports event, with a virtual rap battle lined up. It will use 60% of the investment to develop the mobile version of its game, 30% to grow its team, and 10% for marketing.
days to go:
Expired
investment:
£94,518
Udrafter or The University Draft is a student workforce platform where businesses get on-request information about student talent, and students get rewarded for finishing degree-related projects. Udrafter encourages social mobility and equal opportunity for all students, graduates, and businesses. So far, the platform has onboarded 915 students and 145 businesses, and it has completed 110 projects till now. Additionally, Udrafter is a winner of many awards and recognitions including the Robert Gordon University Audience Choice Award and Elevator Conference Pitching competition(2018). The funds raised will be used for team expansion, marketing and steady development.
days to go:
Expired
investment:
£299,122
AirSensa is a proprietary globally-scalable cloud platform developed with the aim to avert air pollution globally. The World Health Organisation (WHO) estimates that 7 million die prematurely every year because of air pollution. Lack of poor data coupled with unreliable systems makes tracking air pollution a major task. Better data can help city authorities to make effective interventions, help businesses to improve operations, and help citizens avoid the worst of pollution. The company's unique big data platform (STORRM) can scale to run hundreds of thousands of sensors and serve any number of users simultaneously while providing reliable air pollution data. AirSensa's technology can also be used to understand the impact of Covid-19, to tackle the post-Covid complications due to air pollution by providing hyperlocal, real-time information to those people as well as the existing vulnerable groups like asthmatics and heart disease patients. The company will utilise the investment to drive business development, build a post-COVID product that will lead to potentially lesser fatalities due to risk from polluted air, and ensure more people join its ecosystem.
days to go:
Expired
investment:
£763,890
Findr aims to automate the creation of business partnerships by providing easy access to hyper-targeted opportunities in minutes. The company asserts that its platform allows any business, regardless of its size, to sign up, post its partnership requirements, and explore opportunities for free. The company's portal allows users to request a 1-hour 'Discovery' call with a potential partner when the said user spots a relevant opportunity. Findr argues that it has made 'Discovery' for free for the first few months to build its user base. The company has onboarded 140 business users ranging from early-stage to global brands such as Mastercard, Uber and Visa since November 2020. Findr has featured in Forbes for helping businesses navigate COVID-19. The company will use the investment to develop two new price plans – Unlimited and Enterprise, introduce new platform features, hire a machine learning expert, and undertake digital activity to grow its user base.
days to go:
Expired
investment:
£396,288
