Lifetise is a financial planning platform that enables prospective clients to plan significant expenditures such as buying a home, marital expenses, child-rearing and retirement. Presently, they have come up with two major offerings: Homefinder and Childminder. The first one acts as a tool that shows money required to afford a home in the UK and the amount of time taken to save the money while the latter helps parents to calculate the costs of childcare along with their work. Lifetise is targeting the 25-40 age group in the UK whose population numbers are approximately 14 million. To date, they have been featured in prominent publications like Evening Standard and Stylist with an active following on Reddit. The company has secured 12,000 customers after their partnering with Accenture's Fintech Accelerator Programme. With the investment, Lifetise will spend more on developing its applications with a focus on all major life expenditures, marketing on social media channels, build partnerships and human resources.
days to go:
Expired
investment:
£254,240
Upside is a financial technology entity that allows its users to earn cashbacks on current purchases so that they can save on their next purchase. The app uses an open-banking-marketing-platform that enables customers to automatically start saving by harvesting upside from their everyday spending and allows retailers to sell more inventory. Upside claims that 11.5 million people in the UK have less than £100 in savings. It aims to solve this problem and become a contender in the cashback segment. Since its incorporation in January 2020, Upside has raised £540,000+ from founders and SEIS Angel Investors. It has also signed-up 700+ consumers as private alpha testers to smoothen the app. The company will use the investment to onboard more retail partners, build out a self-serve retailer platform, build out Upside-as-a-Service Application Programming Interface (API) gateway, and prepare for Seed funding in Q1 of 2021.
days to go:
Expired
investment:
£351,047
YoungPlanet enables parents to put their children's unused things to use with new families and away from landfills for free via its app. The company cites PwC data estimating the UK’s sharing economy to be worth £9 billion by 2025. It aims to be a contender in this segment. The company argues further that 10-year-olds in the UK will own on average 238 toys at any one time and yet play with just 12. This leads to UK households wasting over 25 million tonnes a year, with one-fourth of this number ending up in landfills as per the Department for Environment, Food and Rural Affairs (DEFRA). YoungPlanet aims to change this. It has onboarded 36,000 users on its platform to date and featured in press publications such as BBC News, Vanessa Feltz, and LadBible. YoungPlanet will use the investment to scale nationally, begin generating first phase revenue via brand sponsorship of events, branded gamification, and Business-to-Business (B2B) subscriptions for semi-closed communities via its app.
days to go:
Expired
investment:
£547,103
eFOLDi a business that uses inventive engineering to unlock mobility in the less abled. It is a portable, lightweight and versatile mobility vehicle which can be folded to a suitcase size or used as a chair. The eFOLDi has an international patent, a registered trademark, passed various safety tests and won British invention of the year 2016
days to go:
Expired
investment:
£939,650
Equipsme is a company that aims to democratise health insurance by making it affordable for businesses. The company offers flexible fixed-price packages to employees while giving them the option to upgrade their package to avail more features upon payment. Members can speak to a general physician round the clock, have physiotherapy sessions, avail regular health checks and, if necessary, be quickly referred to a consultant for diagnosis and treatment. Members can access these features through a simple-to-use application. Since February 2018, the company has secured an exclusive 5-year insurance capacity deal with AXA PPP Healthcare and grown its members by 130.5% Year-on-Year (YoY) (to May 2020) with a 95% broker renewal retention rate. The company will use the investment to enhance its user experience and scale its marketing as it announces its partnerships with organisations such as Starling Bank and Simply Business.
days to go:
Expired
investment:
£879,204
havebike is a bicycle repair business that collects, cleans, services and returns bicycles to owners at their doorstep, all via its app. The company asserts that it has been responsible for servicing approximately 2,500 specially designed bikes for the London Police and Ambulance Services since its launch in 2010. It also claims to be an authorised service agent for leading bicycle brands including, Brompton, Canyon and Ribble. havebike also holds a 'Shimano Service Centre' accreditation. It aspires to become a contender in the cycling market that was valued at £2.31 billion in late 2020. havebike's technology platform and booking system, Atlas, in late 2019 led to the company's Quarter To Date (QTD) revenues increasing by 484% and customer base by 22% as of February 2021. The company will use the investment for opening new workshops and mobile workshops (including fit-out) and cover marketing costs as it enters new markets to scale its business.
days to go:
Expired
investment:
£580,832
Hiro is an insurance technology company aiming to be a contender in the $6.9 trillion insurance industry. The company claims that conventional home insurance does nothing until the damage is already done. Hiro aims to change this scenario. It gives users access to smart technology to protect their property and rewards them accordingly by giving discounts on their insurance quote. The company has signed partnerships with 30+ leading device manufacturers towards this objective for example, Honeywell Home, Philips, and Lightwave, to name few. Hiro asserts that its platform, mobile apps, feature sets, and designs have been validated through an intensive insider's programme. Hiro is approved by the Financial Conduct Authority (FCA). The company has featured in publications like Forbes, the Guardian and the Evening Standard. Hiro will use the investment to develop Research and Development (R&D), furnish legal and compliance documents, and boost marketing and operations.
days to go:
Expired
investment:
£2,069,251
Ticketpass is a ticketing platform that is set to disrupt the traditional ticketing industry with an ethical approach by donating to charity every time a ticket is sold. This 'Tech for Good' company aims to create a fair platform that uses ticketing to create a positive impact, allowing anyone to enhance their events for better social impact at no extra cost. Ticketpass won the Warwick Startup Venture Cup in 2016. It also launched its iOS and Android check-in apps in 2018. In 2019, the official launch of Ticketpass was featured by National Industry Media and Forbes. The company will allocate 56% of the funds to team/tech development, 17% to new hires, 10% to marketing and the remaining 17% to Office & Operations.
days to go:
Expired
investment:
£282,667
AndCo offers an open-source, cost-effective, sustainable solution to co-working by turning hotel lobbies and lavish eateries into co-working spaces all over London. The company has over 90 venues, over 1200 members and over 10 brand partnerships. It has been featured major publications including The Telegraph, Forbes, and The Metro. The funds raised will be used for marketing, development, hiring new teammates and working capital.
days to go:
Expired
investment:
£269,231
Equipsme is on a mission to democratise health insurance by making it affordable for businesses of all sizes. The company cites data arguing that there has been a 53% increase in National Health Service (NHS) treatment waiting lists since 2012 due to the low reach of health insurance by conventional insurance companies. It aims to change this scenario. Equipsme offers flexible fixed-price packages to companies wherein employees are allowed to upgrade and add family members to their plan as per their pleasure. Members can also speak to a General Physician (GP) 24/7, and, if necessary, be referred to a consultant for diagnosis and treatment through the company's proprietary app. The company was felicitated with the 'Best New Product' award by Cover Magazine Excellence Awards 2019. The company will use the investment to enhance its user experience, ensure its technology remains market-leading, and scale its marketing and customer service capability.
days to go:
Expired
investment:
£286,096
