Muse is a smart, data-driven financial management application which aims to make financial empowerment a reality for all business owners. The app generates clear snapshots of a company’s finances showing all bank balances, and gives quick access to innovative invoice financing and other smart tools. Muse is live on the App Store and Google Play. Moreover, it has partnered with Prime 5 Finance Limited for invoice finance facility. The funds raised will be used to expand the business, sales channels and give an e-money account card in three currencies.
days to go:
Expired
investment:
£339,920
Saurus is a digital banking platform that aims to make all banking services accessible to its users from the convenience of their smartphones. The company aims to develop a current account facility and contactless payments between their users' smartphones, and eventually venture into saving accounts, Automatic A.I Loans, P2P Loans, Investment account, Instant transfers, and Personalized Debit Cards. The company has a growing online presence with 133,000+ YouTube and 700+ Instagram followers with 1500 users registering on the portal with negligible marketing activities. In February 2020, more than a 1000 people showed interest in opening a Saurus account. With the investment, the company aims to launch the Saurus App with 'Current Accounts' features during Q3 2020, hire qualified professionals to expand the brand, and sign appropriate contracts with its providers.
days to go:
Expired
investment:
£943,540
UnderPinned is an end-to-end application designed for building the future of freelancing with technology at its core. It offers an innovative one-stop solution for freelancers to find work, manage work and get paid; and for clients to manage their project-based workforce. The initial target of the company will be an audience of 13 million in the UK. They have already launched their Virtual Office in January 2020 with over 2200 users. The portal has more than 110,000 users engaged with its educational media content and has an existing partnership with IPSE, Starling Bank, Digital Risk, and Banked. They have highly curated content leading to £0.05 cost per click and 5.92% clickthrough rate and an acquisition model with a 7 times lower cost per acquisition (CPA) than the industry average. The funds will be used to scale UnderPinned, helping the company to reduce its customer acquisition cost.
days to go:
Expired
investment:
£514,380
Hitmarker is a proprietary job platform that covers the entire video game sector. It aims to be the leading job provider in the $159 billion video game industry. It has a database of 67,000 candidates and has posted 46,000 jobs from 4,500 companies in 77 countries. The company asserts that one million people have used Hitmarker 2.5 million times to post or look for jobs. Hitmarker has been covered by publications like Forbes, CNBC, and The FT. It has also onboarded 20 partners, including The University of California, RGF Executive Search, and the British Esports Association. The company will use the investment to build a global network of localised platforms in crucial territories and expand its addressable market.
days to go:
Expired
investment:
£521,283
Power Transition (PT) is a specialist cloud-based software & hardware platform that enables every participant in the energy sector to dynamically track, optimise and balance their energy in real-time and at any scale, from micro-grids to national grids. It is currently focusing on the UK residential & commercial market that consists of 1.25 million meter readings daily, focussing on £1.5 billion of customers’ funds annually, and ensuring steady and reliable management of interconnections throughout the UK. In 2018, the company raised seed funding, matched by Innovate UK, which in turn is being used, to develop and deploy its technology in 47 homes in Corby. The company is implementing its PT integrated microgrid as a 'Service Platform' in houses in Corby using its Distributed Ledger Technology (DLT) Network. With the investment, the company plans to roll out its platform beyond the microgrid use case and is talking to commercial estates, local authorities, Distributed Network Operators (DNO), energy aggregators, and producers.
days to go:
Expired
investment:
£266,530
Bitstocks is a financial technology application built entirely on blockchain. The company intends to bring to customers the benefits of bitcoin in a simple & accessible personal account format. It asserts that 76% of UK adults use online banking. Its product, Gravity, currently offers BSV, BTC, GBP & EUR pairings, with investment accounts for customers to buy, sell & store bitcoin. The company is registered with the Financial Conduct Authority (FCA) and integrated with Faster Payment System & Single Euro Payments Area provider. Bitstocks has 1,800+ registered customers, with 650+ joining through referrals. It will use the investment to scale & develop the next phase of Gravity, bring forth stablecoin to enable tokenised global micropayments, and introduce personal accounts, debit cards, savings & loans.
days to go:
Expired
investment:
£1,105,596
CrowdToLive is a Financial Conduct Authority (FCA) regulated financial technology company that seeks to revolutionise residential property financing and investment. It claims that 4 out of 10 young homeowners in the UK have had their mortgage applications rejected. CrowdToLive intends to change this by facilitating a circular flow of finance between buy to let investors and the homebuyers. It argues that its platform allows buyers to own their homes without incurring debt and lets investors reap the rewards of the housing market without the hassle of tenant management. The company claims it has built a community of over 7,000 users, submitted over 2,600 properties for a value of circa GBP 600 million, and is a part of accelerator programmes such as Virgin Start-Up Accelerator Programme and Barclays Eagle Lab Accelerator Programme. CrowdToLive intends to use 10% of the investment to support international expansion, 15% towards business development, 40% towards hiring key personnel, 25% towards upgrading its IT infrastructure, and 10% towards marketing.
days to go:
Expired
investment:
£339,744
Carbon Gold (CG) is an organic biochar producer and retailer. It claims that its products can replace harmful pesticides, last longer, and lock away CO2. The company's sales increased by 253% from £77,000 to £272,000 in 2020 with sales in 17 countries worldwide. CG's organic products employ biochar, a type of charcoal made from sustainably sourced materials. CG further enriches it with multiple strains of fungi, bacteria and minerals, that support healthy soil biology. The company is partnering with the Woodland Trust, is certified by the Soil Association, and is also a certified B Corp. The company will use the investment to boost its marketing, international development, and manufacturing.
days to go:
Expired
investment:
£722,468
Rebel Energy (RE) is an energy supplier on a mission to address inequality and provide everyone with easy access to clean and affordable energy, to eventually eliminate fuel poverty. RE claims that fuel poverty led to 16,500+ cold-related deaths in the UK in 2018. RE argues that as the UK home electricity market enters a phase of growth in a post-COVID world, it will be focused on offering reliable customer service and develop strategies that help people who are struggling with their electricity bills. The company has applied for a B Corporation accreditation. RE asserts that its customer support systems are automated and can handle multiple queries simultaneously. It plans to offer a weekly direct debit payment option. RE will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£503,810
Almond provides businesses and consumers with a method to understand their carbon footprint and use the company's proprietary offset tools to become carbon neutral. Consumers can earn Almond Tokens when purchasing products from Almond's partnering sustainable brands. The Almond Tokens can be spent on their website The Almond certification label on products enables them to demonstrate their commitment to protecting the environment, consumer health and building a better society for all. The core idea is to build a market that's geared towards sourcing and selling sustainable products. The green economy market is worth $4 trillion. The offset market was $300 million in 2018, having grown over 140-fold in 10 years. Almond seeks to be a market leader in this domain. It has also partnered with reputed institutions such as the World Wildlife Fund, and the Stockholm Environment Institute (carbon analytics). With the investment, the company aims to further the popularity of its existing Almond App and have more people join its ecosystem.
days to go:
Expired
investment:
£522,540
