Numerous is a company that aims to establish a new data-sharing economy by ensuring profits to brands and consumers. On the Numerous app, consumers create a data profile filling in the appropriate information. The Numerous AI technology leverages this consensually-shared personal data to connect the right users to the right brands. It also incentivises its members to share their data by sharing some of the revenue with them that Numerous, in turn, generates from brands. Personal data is worth £30 billion in the UK, and $200 billion in the US. Numerous aims to be a strong contender in this segment. It currently has 1,300 users sharing over 130,000 pieces of data. The company's app is live for iOS and Android. It aims to grow to 50,000 users, 7.5 million pieces of data and 60 brand partners in the next 12 months. It will use the investment to pioneer a new model for the data economy and grow its business.
days to go:
Expired
investment:
£352,502
Sweep is an expense management tool that relies on Open Banking and helps Small and Medium Enterprises (SMEs) automate highly manual and time-intensive processes to cut costs and increase productivity. The company argues that Covid-19 has necessitated the use of automation and remote work. Sweep asserts that its technology can automate expense management flow from capture to expense report while detecting fraud in real-time. The company has raised more than £400,000 to date. It recently won a £456,000 grant from Innovate UK in August 2020. Sweep will use the investment to improve its current tools while developing new features, launch in other European markets like France, Germany, Italy, and Spain, and grow its business across different verticals.
days to go:
Expired
investment:
£129,350
Manigo will provide an easy, secure and cost-effective way to manage everything around your money. We want to be the go-to place for everything around banking and payments - think of it as the Amazon for your money and related services. To do this, we’re building an open architecture, designed for other companies to integrate and operate within our ecosystem- we see Blockchain technology as a natural fit.
days to go:
Expired
investment:
£510,630
RightIndem is a white-label insurance software platform designed to deliver fast claims to claimants on its portal. The company develops and sells its own proprietary cloud-based digital claim process management software ‘as a service’ to the global insurance market. Insurtech is a vast market and attracts large amounts of investment, with $4.36 billion invested in the first three quarters of 2019. Till date, it has contracted clients such as Axa XL, Archipelago, NN Belgium, NN Netherlands, and Mapfre, with engagements at various levels of implementation and progress in the UK, Italy, Peru, US, and South Africa. They have also earned regard for automating claims processes form some of the world’s largest insurance organizations allowing for the settlement of low to mid-value claims within hours instead of days or months. With the proceeds, the company will connect operating expenses to the point where client revenues from claim volumes match operating costs.
days to go:
Expired
investment:
£200,001
SupportRoom is an online mental health and well-being platform connecting individuals and businesses with therapists. The company's core proposition is its Employee Support Platform (ESP) that focuses on improving employee well-being and engagement. It asserts that its portal generates employee anonymised data accessible to present organisations that can then use this to identify real problems and implement change without making assumptions. SupportRoom argues that clients can communicate with therapists via in-app messaging, videos and voice messages on its portal. SupportRoom has secured six partnerships to drive B2C and B2B growth. The company has over 600 verified external therapists on its roll call. It was chosen as a 'Top 50 Most Exciting Mhealth platforms for 2021' by Welp magazine. SupportRoom states it will use the investment to build the best-in-class virtual mental health clinic with therapists and hire a team of solution sellers and marketers to grow its business.
days to go:
Expired
investment:
£317,310
GoodBox is a tech-for-good company transforming the charity sector with established fundraising technologies which effortlessly combine donors and causes. It has worked with more than 600 charities and dealt with over £2,000,000 in donations. GoodBox has a team of 25, received an array of awards, and been part of reputable accelerator programmes. The company gives its 700+ clients access to a real-time analytics portal which monitors the efficiency of their fundraising. The proceeds will service four main areas: Hardware/stock, Research and Development, Team expansion, and Marketing & PR.
days to go:
Expired
investment:
£1,445,758
We Share Apps is a new web based app store that works on all devices. They use the cloud to store the apps and made the platform free to use. Since the released version in 2017 they have 10,000 apps and have experienced 98% of their traffic from emerging markets.
EIS Pending SEIS Pending
days to go:
Expired
investment:
£108,270
The Academy of Robotics have developed Kar-Go, an AI controlled pod-shaped driverless vehicle which autonomously delivers packages to residential areas. By removing the need for humans in the last mile delivery this allows customers to receive deliveries at almost any time, and at a fraction of the traditional cost.
days to go:
Expired
investment:
£291,980
ImpactRI Limited has designed a decision-making software system called QIARK that collects, analyses and evaluates all languages without setup. This crowdsourcing platform creates new business opportunities, designed to answer questions to encourage commercial and social innovations, and generate problem-solving ideas. The system is designed to be simple to use and it produces inclusive and biased results for its users in minutes. The software QIARK is also selected for Denmark's Participatory Democracy Project. It is addressing the needs and wants of Citizen data scientists and experts. With QIARK, the company is hoping to change the way decisions are made to create new opportunities for commercial growth.
days to go:
Expired
investment:
£223,060
Snoop is an application that aims to save a user's money by using data analytics. Snoop falls under the Financial Conduct Authority's (FCA) regulated Open Banking technology. The company asserts that Snoop can help every household in the UK save at least £1,500 each year. The app lets a user connect his/her bank accounts and credit cards to Snoop to observe all the balances and transactions together from a single portal. Snoop also watches a user's bills and lets the user know if he/she is paying too much or if there’s a price hike. The app also creates a 100% personalised feed of money-saving ideas based on the user's spending patterns. Snoop has grown to over 100,000 downloads and 75,000 customers since early 2020, delivered over 1 million money management tips to customers, and featured in publications like The Guardian, Financial Times, and The Telegraph. It will use 57% of the investment to grow its business, 21% to develop app functionality, and 22% for business operations.
days to go:
Expired
investment:
£8,445,740
