Paradym is an emotional intelligence (EI) coaching application. After identifying EI as the pillar of happiness and wellness, Paradym app has been designed to help people live their fullest and happiest lives and, in turn, promotes both their personal growth and wellbeing. Since its launch in 2018, it has signed a contract with Quiqup, its first B2B client and joined WeWork incubator, giving it access to 300k members. Moreover, it has also seen organic growth in its user base and in its international reach. Paradym's plan for 2019 is to increase its user base by investing in marketing and developing content to trigger sponsored content and product revenue. Its immediate revenue focus is 10% of the UK startup market which stands at £240M.
days to go:
Expired
investment:
£430,360
Peliwica Insurance is set up to disrupt the current rural, equine, and agriculture insurance broker markets. It is a new Insuretech business that was launched in 2018. In the same year, the company gained its first FCA Approval and the Lloyds CoverHolder status that held the key enablers to launch this business. Peliwica Insurance is trading with 10 Brokers with a £100m premium opportunity. With its upcoming mobile application and devised white-labelled D2C platforms, the company will be able to allow brokers to access new product markets and customers more effectively.
days to go:
Expired
investment:
£75,980
An instant messaging app feature for friends and families to communicate with each through song lyrics. PlayHit users can type a message and the service will scan through a library of audio clips that matches the user's message. PlayHit works with almost any existing instant messaging platform.
The app launched on Apple and Android devices in December 2017 and within the first week saw 10,000 downloads in the Google Play Store, with an average of 1,600 audio clips being shared daily.
The brand aims to generate revenue by forming licensing deals with mobile companies to integrate the PlayHit service into keyboards, similarly to the Emoji keyboard. Proceeds from this funding round will be used to improve the PlayHit technology and produce a marketing campaign for a worldwide audience.
days to go:
Expired
investment:
£38,690
Polydone is a project management platform to help tech companies plan and manage tasks, projects and people. The platform is easy to use and uses automation, artificial intelligence and machine learning to help businesses plan timelines and obtain accurate estimates - helping businesses to avoid human error by 90%. Polydone currently caters for tech companies of up to 50 people but will be expanding to other sectors and larger teams in the future.
days to go:
Expired
investment:
£128,106
Pomelo Pay develops mobile applications for merchants, offering them a way to accept payments from twenty-five different payment methods. Currently, it operates in 4 countries and has helped over 8,000 merchants accept payments without the requirement for expensive specialist hardware. Its vision is to make cashless payments available to all businesses and provide cost-effective, frictionless financial services. It also white-labels its product to banks and PSPs (outside of Europe) which gives it a chance to scale up at an international level. It has successfully launched in three countries in Asia and has signed up over 100 merchants since March 2019. Now, with the proceeds, it is focusing on relaunching in the UK and growing its merchant base.
days to go:
Expired
investment:
£500,000
PROPEL is a single web-based professional network platform for seafarers to find and apply for the maritime job of their dreams, without the control of any third party. PROPEL asserts that despite there being over 1.6 million seafarers globally, the industry is facing a shortage of seafarers due to increasing demand. PROPEL aims to change this with its portal. PROPEL allows seafarers to create a full digital maritime profile and digital discharge book. It also allows employers and agencies to find suitable seafarers. PROPEL claims that it has attracted over 11,000 users with minimal spending since May 2020. The company also intends to become a contender in the $510 million global maritime recruitment industry. It will use the investment to scale and grow its user base.
days to go:
Expired
investment:
£160,000
Pynk is a fintech that is doing things differently—it relies on Artificial Intelligence, crowd wisdom and expert analysis to boost social investing, allowing its users commission-free investing. Users on the Pynk platform make short term price predictions and long term forecasts on financial assets. Pynk then aggregates the data and runs it through its 'Rose' AI and experts team to give accurate trading and investment analyses. The platform has more than 27,000 users from over 180 countries. Pynk also won the 'Best AI' startups award at the AIBC Blockchain Summit in Malta. It is also a part of the London fintech accelerator programmes with National Westminster and Royal Bank of Scotland. The company will use the investment to launch a retail investor wallet in the 4th quarter of 2020, recruit £10 million Assets Under Management (AUM) by end of 2020, and build out its team across different verticals.
days to go:
Expired
investment:
£574,550
Rebel Book Club is a developing subscription business of six hundred members who have read fifty-two books in four years. It delivers one non-fiction book every month and hosts a secret meetup featuring a book-inspired cocktail. The company has 600+ paying members in London, Bristol and Oxford, etc. and it receives 130+ average number of new applications monthly. The company hosts meetups at Entrepreneur First, Airbnb HQ, and WeWork. Rebel Book Club has collaborated with authors Matthew Syed (Rebel ideas), Kate Raworth (Doughnut Economics), Seth Godin (This is Marketing) and many more. The company aims to make the world's best non-fiction book club by growing a membership experience, build a reach code and support literacy projects.
days to go:
Expired
investment:
£148,070
ReCircle Recycling has designed an appliance meant for installation in households, businesses and new developments to grind glass bottles, compact metal cans, and flake plastic packaging straight into ready to use manufacturing material. This process allows Recircle Recycling to set up a new closed-loop system where packaging is endlessly recycled. It increases the purity and value of all the materials. When manufacturers finally have access to high-grade recycled to minimise their carbon footprints and where consumers and businesses receive payback for the true value of their recycled product. ReCircle collects and delivers materials from a common man's curb 3-8 times a year. It has established strong connections and technology developments with the UK University. ReCircle has also filed patents with the USA, Japan, China, Europe, and India. ReCircle is also building a close relationship with Swansea University. It intends to launch in California, which has the highest recycling rate in the US.
days to go:
Expired
investment:
£548,150
Turning homes into renewable energy generators by offering homeowners the ability to create, accumulate and redistribute electricity via an app. Resilience is enabling customers to sell electricity generated from their homes to the National Grid and potentially reducing their energy consumption bills by up to 80%. The company will provide customers with the necessary software, hardware and means to produce electricity that can be stored and sold, as well as monitored through an app.
Resilience's technology is designed to be future-proof and integrate with upcoming and emerging tech. Their monitoring system can also detect any faults in advance to allow action to be taken before issues arise. The company is developing sales channels by working alongside housing developers and energy firms. The initial target market is the 23m homes that used traditional energy suppliers in 2017, as well as the 800k homes that are fitted with solar PV panels.
days to go:
Expired
investment:
£151,900
