Pedal Me uses high-tech cargo bikes, trailers and trained riders to provide delivery & taxi services when needed. The company offers a solution that will out-perform motors in car-centric cities as bike-friendly measures like bike lanes are introduced. As of now, the company has 32 bikes and 45 staff in total. It has witnessed a strong MoM growth (19% on avg). The trips provided by Pedal Me has negligible carbon footprint in comparison with vans, taxis or electric vehicles. With the funds, the company will improve the technology, maintain speed with demand, develop the staff and balance the process.
days to go:
Expired
investment:
£421,330
Karshare connects renters with owners, giving those with cars the opportunity to earn extra income while those in need of a car can rent from their local community. The company aims to unlock community car sharing by tapping into the estimated 10 million cars parked at UK airports each year and 38 million vehicles parked on UK streets. Karshare's platform features telematics and keyless technology allowing for cars to be booked instantly and unlocked using facial recognition. Karshare has a TrustScore of 4.9/5 and 852 reviews. It has onboarded partners such as Allianz Insurance, OCTO Telematics, Rentalcars.com, and RAC. Karshare has featured in press publications like The Times, Huff Post, BBC and Evening Standard amongst others. The company will use 25% of the investment for business operations, 45% for growing the business, and 31% for developing User Experience (UX) and functionality.
days to go:
Expired
investment:
£1,444,182
Borrow A Boat is a mobile and web-based marketplace that allows users to book all types of boats online for charter, be it on a short-notice request for the day, a long weekend on board, or a 7-14 day boating trip for your summer holiday. The company is providing a 21st-century solution to the people of Britain and changing how people go boating. Till date they have been backed by VC Edition Capital, following on with £1m lead investment with over 22,000 boats listed in over 65 countries. They have been headlined as the sponsor of the UK's biggest boat show in Southampton in 2019.
days to go:
Expired
investment:
£1,325,390
Try EV is a platform that allows customers to discover, analyze, customize and explore with EVs before making a final buying decision. It encourages “electrify to buy” and intends to change the car purchasing process. The company has also collaborated with big brands such as BMW, Tesla, etc. Try Ev was an Exhibitor at London Motor Show 2019, it was shortlisted for “Greener Greenwich” at Greenwich Business Awards and it was an Elevator Pitch Business Awards finalists at London Motor Show 2018. The funds will be used to balance the growth, to bring key talent, to promote partnerships with major leasing companies and charging networks and to improve marketing and promotion efforts.
days to go:
Expired
investment:
£88,430
Carverter is a technology platform that enables customers to find and lease a hybrid or Electric Vehicle (EV). The company cites data pointing out the UK government's ban on the sale of petrol and diesel only cars after 2030. It also argues about changing car preferences, with 78% of consumers considering leasing to access an EV. Carverter aims to capture this audience and grow its business. The company uses its algorithm to bring together over 32 million data points across its three tools, namely Carvert, Carwizard, and Browse, to help users find their choice of hybrid/EV. Carverter has partnered with renowned entities like WPP, Arval, Microsoft & ITV to boost its business. It will use 10% of the investment on hiring staff, 20% towards rolling out its services across 22 European countries via Arval, and 70% on an advertising multiplier deal with the UK's largest commercial broadcaster, ITV, and WPP.
days to go:
Expired
investment:
£2,324,693
WhyBuy is a rental platform that allows a user to rent out items or entities he/she may want to another person. WhyBuy asserts that consumers want to be able to access items for brief periods, and the company aims to be the go-to provider in this segment. It endeavours to save time, space, money and the environment through its business model that is backed by a 100% electric delivery fleet. The company has tested its supply chain to ensure orders are placed despite COVID-19 restrictions. Its app has seen 8000+ downloads from mid-June to end-July 2020 at just over £3 per acquired download across the App Store and Google Playstore. It will use 75% of the investment for marketing, 5% to expand its electric fleet, and 15% as stock and overhead expenses.
days to go:
Expired
investment:
£309,260
Learned.Live is an interactive learning platform for adults offering live, online classes taught via Zoom with a unique range of subjects. The company claims that it was born during the first UK lockdown of 2020 to answer a need for useful online classes for adults. Learned.Live provides organisations and their teams with cost-effective ways to acquire new skills, train, engage and unite outside traditional settings with an easily scalable, remote model. It aims to become a contender in the global e-learning market that is predicted to touch $375 billion by 2027. Learned.Live has received press coverage, including a regular column, and a feature interview on ITV Meridien News since January 2021. It claims to have a 95% increase in followers across social media channels year to date. The company will use 30% of the investment towards B2B and B2C Sales and Marketing, 30% towards technology and product innovation, 20% towards teacher recruitment and partnerships, and 20% towards operations.
days to go:
Expired
investment:
£146,376
Yodomo is a platform for creative experiences offering 100+ high-quality courses, live experiences from creative artists, and kits of materials. Backed by more than 200 investors and live experience partners including The Sunday Times, Yodomo has built a marketplace creating new revenue streams for artists via numerous courses. These include bookbinding, drawing, sewing, botany, and weaving. Its corporate clients include Innocent, Fora, and Ticketmaster. Moreover, Yodomo was nominated for Seedrs ‘Seedling of the Year’ award in 2019. With the proceeds, the company will focus on customer and revenue growth.
days to go:
Expired
investment:
£100,778
Sophia Technologies is an Education Technology (EdTech) company that has launched an on-demand mobile application for hiring private tutors. All tutors on the portal are scrutinised by Sophia's education team as per industry standards to ensure quality teaching. Sophia allows clients to book sessions via its app and avail online classes at any location the client finds convenient. The company is working towards getting accreditation with the U.K. Department of Education (DOE). It has also received press coverage from organisations such as Telegraph, iNews, TechRound, OpenGov, and Just Entrepreneurs. In April 2020, the company launched SophiaX, a learning feature where parents can book classes focusing on extra-curricular activities for their kids. The company will use the investment raised to focus on technological development, and support customer acquisition & retention.
days to go:
Expired
investment:
£571,581
SaigolEd is a subscription-based Education Technology (EdTech) company that aims to make quality teaching available to millions of 7-18-year-olds across the UK at an affordable price. It is developing an app to combine immersive videos with charismatic teachers from leading schools, rich visual effects, leading Artificial Intelligence (AI) and tests to inspire learning. The company points out that its teaching courses will be available to students wherever or whenever they wish to access them. SaigolEd also intends to cover the full student curriculum to enable its users to excel in their exams once the company's app development is complete. The company argues that there is no dominant UK EdTech player in a multi-billion pound market. It aspires to fulfil that gap. SaigolEd will use the investment to build a prototype that would be overseen by its team including a star teacher from a top UK school, initiate rigorous user group testing, and target General Certificate of Secondary Education (GCSEs) as its core market.
days to go:
Expired
investment:
£271,975
