MortgageGym is a technology business that makes mortgages easier and digital for everyone. Its technology was authorised by the FCA, delivering first-to-market digital innovations. This company has provided free online advice to over 45,000 consumers and has got £100m+ of mortgages arranged to date. Moreover, it also has integrated 65% of the 20 largest UK mortgage lenders into live eligibility. MortgageGym has multiple revenue streams such as revenues generated from the arrangement of appointments with brokers, commission shares, and referral fees. From the funds raised, MortgageGym will accelerate its ongoing proposition development by investing in people, particularly focusing on technology and product. It will also use the proceeds to develop new technology features which are not currently offered by its competitors.
days to go:
Expired
investment:
£443,086
WebTicketManager Limited or WTM has made an online software platform which helps the customers by providing information on attractions and events, with a complete ticketing solution. The company has customers including The Beatles Story museum and stadium tours at Twickenham and Chelsea FC and has over 250 other users. The company will use the funds for developing capital for marketing.
days to go:
Expired
investment:
Withheld
FETCH states that is a fully developed in-venue food and drinks order and pay solution built by POS8. The app allows customers to view a menu, order food and drink and pay securely, in a matter of seconds from their smartphones. POS8 claims that Fetch's 'Intelligent Ordering System' sends orders to a venue staff’s devices according to who has the fewest orders waiting. FETCH has helped 109 venues go live and processed 26,000 transactions from 87,000 registered users earning a platform flowthrough of £265,000 in March 2021. It has partnered with multiple Point of Sale (PoS) and payment systems including, Zonal, Oracle, Stripe, Square, and Adyen, to create an end-to-end solution, easy for venues to adopt. FETCH aspires to take a healthy share of the £98 billion food and drinks market. It says it will use 60% of the investment towards sales and marketing, 20% towards operations and 20% towards product development.
days to go:
Expired
investment:
£2,011,196
SwipeStation is a mobile payment provider that is targeting stadiums, festivals, exhibitions, and other mass gatherings. SwipeStation argues that its service does not require users to have a phone connectivity which is unreliable or non-existent in most large venues. It claims that its mobile payment service works in airplane mode as well. The company's existing clients include organisations like Sodexo/Centerplate, Compass and Delaware North. It has expanded into music concerts that consist of stalwarts like Spice Girls, Olly Murs, Bon Jovi, and Chic. SwipeStation has also been felicitated with honours such as Ignite "Internet of Things" Award: Runner-up, WireHive 100 "Best Tech": Runner-Up, and W3 Silver Award Winner, amongst others. It will use 35% of the investment towards expanding its business development and operations team, 20% towards product development, 15% towards PR and marketing, 15% towards international expansion, and 15% towards increasing its inventory.
days to go:
Expired
investment:
£584,520
KegTracker is a company that has launched an innovative Internet of Things (IoT) enabled device that turns kegs into smart containers. The device tracks real-time location, volume, temperature and motion for each keg in order to create reports & insights that enable a sustainable supply chain. The company asserts that a lack of transparency in managing kegs has led to annual industry losses of £1.4 billion+ in theft and spoilage, £1 billion+ in poor distribution, and £500 million+ in suboptimal production and lost containers. KegTracker argues that its device can reduce these losses significantly. The company has developed a working prototype, filed a patent and received letters of interest from leading UK breweries, coffee roasters and Wales National Health Service (NHS). In 2019, the company featured in Startups Magazine and were finalists at FutureFood Awards, London & Partners BGP, and Pitch@Palace. It will use the investment to bring its product to more markets.
days to go:
Expired
investment:
£511,428
Grid Duck (GD) is an intelligent energy control system. It argues that only 14% of commercial buildings have a Building Management System (BMS) that allows them to switch off appliances when they are not needed automatically. GD is trying to bring the remaining 86% of buildings under its network. It has launched a wireless cloud-based system for companies to manage their energy consumption. Companies can check their energy consumption on an easy-to-use dashboard. GD is also evolving its technology into a self-learning system that supports time-of-use tariffs, demand response and renewables balancing. The company won the 2020 Rushlight Energy Reduction Award, and is ISO27001 certified for cybersecurity with regards to 'Penetration Test'. With the investment received, the company will grow its revenues and invest in New Product Development (NPD).
days to go:
Expired
investment:
£339,771
ClickMechanic offers car repairs, servicing, Ministry of Transport tests (MOTt), diagnostics and pre-purchase inspections through its nationwide marketplace of vetted mechanics. The company cites research group Mintel's data stating that 50% of drivers got ripped off by car service centres. ClickMechanic wants to change this and become a leading contender in the £23 billion UK automotive servicing industry. The company takes a 20% commission on every completed booking and has secured a Net Promoter Score (NPS) of 85+ for its services. Their exit strategy is via an Initial Public Offering (IPO) or trade sale.
days to go:
Expired
investment:
£100,000
Dashboard is an early stage tech company that provides automated remote monitoring solutions for collecting/consolidating near-real-time data from sensors in both remote/accessible locations and for transmitting the data, to a “private cloud” platform for analysis and retention. Analysed data is then presented via a "dashboard" interface, providing a view of the status of the given equipment, process or asset being monitored in real-time.
days to go:
Expired
investment:
£199,991
Hypha is an innovation intelligence platform. The company combines ontology mapping and graph processing to connect and leverage knowledge such that it is contextually aligned to an enterprise’s unique structure, systems, processes, and strategic objectives. Hypha deploys features on its platform such as clustering boards, browser extension tools, custom branding, and cloud-based deployment to help organisations achieve growth and profitability. The company has onboarded multiple entities on its integration roadmap, such as Miro, Microsoft Teams, Office 365, GSuite, and Dropbox, to name a few. The company has secured 6 enterprise clients worldwide, with IKEA as one of their illustrious clients. It will use 80% of the investment for product development and 20% for sales and marketing.
days to go:
Expired
investment:
£222,100
Cuckoo is an internet broadband provider. The company claims that incumbent internet providers treat customers with poor customer service, high prices, and complicated contracts. Cuckoo aims to change this by providing users with fair and transparent prices, simple contracts, high-quality routers, and responsive customer service. The company is currently developing its website and billing engine ahead of launching with its first customers in the second quarter of 2020. Cuckoo's business is in the pre-revenue stage. It expects to start generating revenue in May/June 2020 when they launch their broadband service. Cuckoo will use 50% of the investment towards paying salaries to staff, 25% as technology development fees, 10% as professional fees, 5% as rent, and 10% as AOB. Cuckoo's exit strategy is via a trade sale or listing in the United Kingdom.
days to go:
Expired
investment:
£69,622
