Audoo is a technology company that is revolutionising the music royalty industry. The company is working to ensure artists, composers, publishers and labels are fully acknowledged, recognised, and compensated for the broadcasting of their works. This is done through Audoo's 'Audiometer' that captures, analyses, and reports the music broadcasted in public areas, such as shops, gyms, restaurants, and bars. In 2019, the company joined Abbey Road Red, Europe’s first bespoke music & technology incubator. With the proceeds, the company will improve its fingerprinting database and Audio Meter hardware. It will also expand its business development team and technical team.
days to go:
Expired
investment:
£215,417
YurOn is a video platform that cultivates authentic interaction between prominent personalities and their fans. The portal allows people from different walks of life–drag queens, mountaineers, activists–thirty seconds to ignite a conversation, start an Ask Me Anything or co-create a skit. YurOn shuns away filters, anonymous commenting, vanity metrics or validation-driven algorithms and endeavours to bring to the public an unadulterated conversation between stars and their fans. The portal soft-launched in Q2 of 2020 and has seen over 5000 downloads, 2000 active users, and 32% of users retaining over a month. The company will use 80% of the investment to grow its tech team and cloud infrastructure, and 20% towards marketing and partnerships to accelerate growth.
days to go:
Expired
investment:
£222,110
Black Young Professionals (BYP) Network is a company that empowers black professionals around the world to solve the problems they face through economic empowerment and connectivity. The company has grown from side hustle to a 6-figure revenue-generating company with over 40,000 members. BYP allows both members and corporate partners to avail a variety of offerings including webinars/events, blogs, newsletters, podcasts, a social networking app, and job board alerts. The company has about 60 corporate partners including Accenture, Facebook and Soho House. It has featured in publications including BBC, Roc Nation, and Forbes. BYP Network has won the Maserati Top 100 Most Innovative Companies and a place on The Mayor of London’s International Business Programme and London Stock Exchange Elite Program. The company will use the investment to have a user base of over 500,000 black professionals with 2% on its premium model in the next 18 months through marketing, scale its leadership, sales, and content teams, and improve its current technology platform to make it more intuitive.
days to go:
Expired
investment:
£853,982
FounderTribes helps budding entrepreneurs get access to advice, connections, and capital from established founders via its educational app. It argues that around 581 million people will never gain access to Venture Capital (VC) funding or avail meaningful entrepreneurial education. FounderTribes intends to change that and become a contender in the Education Technology (EdTech) market worth $5 trillion. Users can use the app to get personalised feedback from FounderTribes's community of seasoned entrepreneurs and investors, get actionable tips from industry-specific networks to work on problem areas, and avail alternative financing to start and scale their business. FounderTribes has raised £700,000+ as part of this round, onboarded over 400 investors and 500 mentors on its portal, and signed its first paying customer, Capital Enterprise, with £20,000 worth of subscriptions. It will use 76% of the investment for HR costs, 10% towards video content creation, 3% towards IT expenses, 2% towards marketing expenses, and 8% for general operations.
days to go:
Expired
investment:
£805,960
Quotall is a specialist insurance technology software entity that helps large, high profile enterprises to enter the insurance market. The company claims that to date, brands have struggled to extend into insurance due to significant up-front costs, regulatory concerns, legacy technology in the insurance sector and a lack of in-house expertise. Quotall claims that its insurance ecosystem service aims to remove these barriers and enable rapid market entry. The company asserts that it can arrange regulatory approval for the client and link the latter's customers through to its fully client-branded, quote, buy and self-service insurance platform. Quotall's earned revenues in 2020 reached close to £500,000 and it has raised £4 million to date. It states it will use the investment to resource the implementation, development, and servicing of new client accounts as they are contracted.
days to go:
Expired
investment:
£708,805
Pocket App are the largest independent app development company in the UK. They have had a number of high value clients such as Coca Cola, Samsung and Adidas. Pocket App are also starting to do work in partnership with the likes of Microsoft and IBM.
days to go:
Expired
investment:
£837,115
YAYZY has created a platform that calculates the carbon footprint of a user using their spending data land helps the user make up for it using carbon offsets and guides the user towards more sustainable choices. The company believes that the shift in the use of money from high carbon to low carbon choices will accelerate the transition to a new era of sustainability and responsibility. YAYZY raised a £120,000 pre-seed amount, experienced a 26% organic week-on-week growth only driven by referrals and is in conversation with three major banks that are interested in using its technology. YAYZY will use the investment to launch its Android app, convert 25% of users to subscriptions, introduce impact investing, and onboard at least two B2B customers.
days to go:
Expired
investment:
£722,793
Gigrev is a powerful direct to fan social platform for artists to connect directly with their fan base, enabling them to own their fan data, generate a new revenue stream and save on social media advertising costs. Fans can get exclusive behind the scenes access to video blogs, insights of their favourite artist, event tickets and buy merchandise direct.
days to go:
Expired
investment:
£296,200
savvy navvy (SN) is a technology company that aims to save sailors hours of frustration by finding the best and safest routes to their destination. Users need to drop a pin on the SN map and it will work out the best route in seconds. The company has raised more than £600,000 from more than 1,200 investors, calculated 15,000,000 miles of routes, and onboarded 56,000 registered users. SN has also secured partnerships with Sunsail, Navily, Dockwa, GJW Insurance, XShore, various yacht clubs, and marine brokerages around the world to increase its business. SN will use the investment to increase its Annual Recurring Revenue (ARR), execute nine marketing campaigns across 17 countries, and improve the application with additional features.
days to go:
Expired
investment:
£858,524
Datam is a new Software as a Service (SaaS) platform that enables businesses to start taking card payments in just 5 minutes. The company claims that in 2020, more than 50% of all payments in the UK were made using cards. Datam asserts that banks have to navigate between entities ranging from the initial salesperson (ISO), the bank (acquirer) and up to 4 other different stakeholders before they can start taking card payments. It intends to simplify this process. The company has raised £715,000 in Q1 of 2021 funding additional delivery, sales resource and repaying previous loans. Datam is working with VISA to demonstrate the value of its platform and seeks to make its services available to 450,000 UK Small and Medium Enterprises (SMEs) that renew their card services each year. The company states it will use 30% of the investment for service deployment, 20% for sales and marketing, 20% towards new product modules, and 30% towards working capital.
days to go:
Expired
investment:
£727,322
