The British Design Fund invests in and provides support for early stage UK product design and manufacturing companies. The Fund seeks out extraordinary entreprenuers with scalable products ready to accelerate growth and build long term businesses.
days to go:
Expired
investment:
£350,000
Founded in 2014, Insightful Technology is a software company having the vision to become the global industry standard solution for surveillance, regulatory compliance, risk management, and empowering the financial services market. Soteria powered by Insightful Technology enables businesses to show the best execution against these regulations pre and post-trade by collecting and organizing all electronic data and encrypting and archiving objects for the duty of care and evidential wait. Insightful Technology operates a licence subscription model named OPEX for archived and active users. Soteria is deployed and proven in more than 180 firms where operational efficiency and data management is necessary.
days to go:
Expired
investment:
£757,500
One Woman Driver is an online market place that allows consumers to buy used cars formally owned by women drivers. The investment will be used to fund fast growth and a mobile app.
(EIS Pending and SEIS Pending)
days to go:
Expired
investment:
£416,770
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
A digital ski instructor technology that can be placed into any ski boot to deliver real-time audio coaching via pressure and motion sensors. Carv has shipped more than 2,100 units, which has generated more than £580k of revenue since launching in 2017.
Thier boot inserts house 114 sensors that feed information to a smartphone app wirelessly to provide the skier with data on their performance. Their technology has been created with guidance from Olympic and World Cup skiing athletes, including their coaches. Carv is further enhancing their product by developing a subscription service that will deliver premium lessons and coaching drills.
days to go:
Expired
investment:
£996,710
A secure digital platform that lets extended family members follow a pupil’s journey through their school yearsSocial networks are big business in the networked world that we live in today. Acknowledge Xc’s new online digital platform harnesses the power of existing school websites, enabling a pupil’s family members to follow their years at school.Having collaborated with top schools including Eton, Berkhamstead, Wellington College, Stowe School and Steiner Schools, Acknowledge is looking for investment to complete the build of its internet-based platform.As the platform is in the later stages of development, the company has already had a significant amount of collaborative input from schools and parents.Pupils jointly create profiles with their school, publishing videos, pictures and events relating to academic achievements and extra curriculum interests that could otherwise go unnoticed. Access is granted to extended family using secure methods, allowing these members to log in, view and even comment on a pupil’s activity. An additional feature of this platform is that each profile can be used to supplement a pupil’s academic CV and enhance applications for different schools. It acts as proof of past commitments and extra curricular activities and can support personal statements.The key market for Acknowledge is the independent schools sector in the UK which has around 500,000 pupils in 1200 schools. The company also has plans for expansion into overseas markets, and has estimated this market to contain around 3 million pupils – a figure which looks set to double by 2022. A revenue share scheme is in place to reward schools with a charitable donation and a referral fee is in place to reward those who help the model grow quickly. The first 10 founder schools will also receive more rewards.
days to go:
Expired
investment:
£29,800
Assetz Capital is an FCA authorized, major business secured by property and P2P lender in the Europe and UK. Funded by 30,000+ lenders, the company provides loans to property developers and SMEs in the UK. Assetz Capital was ranked 53rd out of the UK’s top 100 fastest-growing technology companies in the Sunday Times Tech Track 100. Moreover, the company has witnessed a 78% average revenue growth over three years. Having achieved critical mass and proven business model, Assetz Capital is headed towards meeting the multi-billion funding gap faced by SMEs. With the proceeds, the company will strengthen the cash levels and balance sheet and provide further opportunities to shareholders and customers.
days to go:
Expired
investment:
£1,866,500
Reveal is a dating application that enables women to browse anonymously, only being noticeable to men they like. Reveal aims to provide a substitute concept with solutions to the most common user pain points which includes female privacy concerns and 'stale' matches. Since its first seeding in June 2018, Reveal's user base has increased tenfold, proving that the idea is well acknowledged, especially by women. The first monetisation stream was founded in February 2019 and it is now making profits from In-App Purchases (IAPs). After achieving the low UAC, Reveal is planning to grow internationally and introduce the 2nd and 3rd revenue streams.
days to go:
Expired
investment:
£59,940
A money transfer service allowing customers to send money worldwide at a lower cost compared to traditional methods. TransferGo has been gaining 1,000 customers a day since May 2018 and currently has over 700,000 users. They have processed almost £781m on their platform through 1.3m transactions and operate on a gross profit margin of 6.7%.
TransferGo has 5 offices located in London, Berlin, Istanbul, Warsaw and Vilnius, with more than 100 employees globally. The company recently launched their new product, dubbed 'NOW', that enables users to send and receive monies in less than 30 minutes across borders.
Revenue is generated via fixed transfer fees and currency conversion fees ranging from 0.0% to 2.2% per transaction. These fees are dependent on the currency's origin and the amount being transferred. A free option is available to customers whose transaction may take a couple of days to transfer.
Funds are being raised to expand the business into emerging markets and introduce new products and services. This also means that TransferGo is aiming to provide local-language support and build new partnerships to attract more customers to their platform.
days to go:
Expired
investment:
£11,297,362
Kuuka is an on-demand last-mile logistics delivery service using Artificial Intelligence (AI) to provide cost-effective same-day last-mile deliveries allowing customers to schedule and monitor their requests in real-time. The company aims to achieve this by continuously adding parcel collections and deliveries to a driver’s route throughout the day. Kuuka believes that this approach will increase fleet utilisation and reduce the cost of delivery leading to a faster delivery process. It aims to be a contender in the estimated £5,447,763 last-mile delivery market. Kuuka asserts that it provides services such as moving goods on-demand, property and office removals, and courier and parcel deliveries, to name a few. Kuuka will use the investment to establish key channel partnerships and launch its final app. Its exit strategy is to trade sell to other companies that would want to acquire them.
days to go:
Expired
investment:
£5,450
