niix is a fitness app plugging the gap in the market for women approaching 40. Since its launch in 2018, the company has created a 4+ star rated app with more than 1800 paid subscriptions across 25 countries including the US, Canada, and Australia. It also has an online following of tens of thousands. The global fitness app market is growing fast set to be worth $2 billion by 2023 with a focus on weight loss and body aesthetics for millennial markets. niix sees a huge opportunity in this space to support women who have simply outgrown an approach that want the perfect body and be fit lifelong. With the investment, the company will scale up proven marketing channels to grow community and subscriber bases, making niix the no.1 digital fitness brand for women approaching 40+.
days to go:
Expired
investment:
£153,441
Mindful uses blockchain, artificial intelligence (AI) and video technologies to deliver mental health recovery programmes for 8 to 25-year-olds. With the help of their technology, the therapists work with families and schools to change the way of providing mental health services. The company has a powerful management team experience in business, healthcare and education. Mindful is currently running a pilot project and is signing up schools in the West Midlands. The company is signing partnerships with 6 Multi Academy Trusts with further trust to sign > 50 schools.
days to go:
Expired
investment:
£91,850
Spotlight Consultations aims to diagnose diseases based on evidence-based questionnaires. The company's Algorithmic Questionnaire (AQ) strives to be a simple 3-5 minute questionnaire, dynamically responsive with each question linked to an actionable care pathway. The company estimates that 10% of global health expenditure per annum is spent on diabetes, which is predicted to rise to $825 billion by 2030. Indirect costs from premature death, disability, and diabetes-related health complications add an additional 35% more to this number. Spotlight intends for its AQ to help reduce expenditure and healthcare burden while improving the quality of care and health outcomes. The company will use the investment to support early revenue generation, team expansion and stimulate Research and Development (R&D) tools to cover more diseases like CVD, IBD, chronic pain, and cancers.
days to go:
Expired
investment:
£69,682
GymBuddy is an online platform that enables consumers to find, book, and attend a gym location, services, or products offered and operated by fitness studios, gyms, trainers, venues, or other third parties. Users can easily, through filtered searches on the app, view descriptions, and contact information of specialists within the fitness industry such as personal trainers, nutritionists, and physiotherapists. The UK fitness industry alone is currently worth over £5 billion. Based on recent statistics, the average gym membership in the UK costs members £40 a month, which often ties them into lengthy contracts. The GymBuddy app will enter the Health & Fitness club sector as a multi-gym membership feature that gives users access to gyms and various fitness plans, without the need for bricks-and-mortar locations under its brand. The company is seeking an investment of £400,000 to expand its brand identity and bring more users to its ecosystem to generate profits.
days to go:
Expired
investment:
Withheld
Bright Salon is a smartphone app that is designed to allow hair and beauty salons grow their business. The app can be used to fill in the gaps from last minute cancellations. The app can also be used as an alternative to paper-based loyalty schemes. Using the app for a loyalty scheme allows customers to see exactly how many points they have and the milestones they have to reach to acheive certain rewards.
days to go:
Expired
investment:
£28,640
33Fuel is a natural sports nutrition brand that aims to dominate sports nutrition with healthier and natural alternatives. Its products consist of ingredients like organic flaxseeds, Tibetan goji berries, organic walnuts, and raw coconuts, to name a few. The company has received over 10,000 orders and multiple 5-star customer reviews. It has 12,000 email subscribers and a podcast with more than 65,000 plays. The company wants to dominate the sports nutrition market that is forecast to reach almost £2 billion by 2024. 33Fuel has attracted superstar shareholders including 4x Ironman Triathlon World Champion Chrissie Wellington and customers such as Tour de France winner Sir Bradley Wiggins. The company has won 'Health Product of the Year' and 'Best Meal Replacement' and has featured in fitness and mainstream media such as The Telegraph, Independent, and Men's Fitness. It will use the investment for marketing to accelerate sales.
days to go:
Expired
investment:
£367,124
Her.9 is a Direct-To-Consumer (DTC) female technology brand that caters to the needs of women during pregnancy. It cites research arguing that up to 40% of women taking prenatal vitamins may not be able to absorb the folic acid within the UK’s leading pregnancy brand. Her.9 aims to resolve this by employing DUOCAP technology. The company asserts that DUOCAP is a capsule-in-capsule delivery system which contains solubilised prebiotics in the outer capsule and probiotics in the inner capsule. The prebiotic releases immediately and the probiotic releases later allowing for targeted supplement delivery in the body. The prenatal supplements market is set to be worth $56 billion globally by 2024. Her.9 aims to be a notable contender in this segment. The company is raising investment to build its already established partnerships and execute its marketing strategy effectively.
days to go:
Expired
investment:
£215,946
MunchFit aims to provide fitness enthusiasts with nutritious and goal-based meals to support their training goal. The company has served over 450,000 goal-based meals via retailers, cafés, and e-commerce channels. It claims that its meals are assessed by Mark Ellison, nutritionist for Anthony Joshua and Manchester United FC. The company has also signed partnerships with Planet Organic and Ocado, stocking its products in the former and at its fitness cafés at Equinox. MunchFit asserts that it responded to the COVID-19 pandemic by launching MunchFit Meal Plans coupled with a nationwide delivery scheme. The company points out that this led to it achieving a weekly average run rate of £15,000, nearly double the £7,600 run rate it had witnessed six months prior. MunchFit will use the investment to grow its meal plans, invest in product development and key hires, launch five new café sites, and target major supermarkets with its 'Fuel' range as a retail product.
days to go:
Expired
investment:
£1,200,009
Nutrifix is a web platform that provides companies with a virtual staff canteen and employees with a personalised weekly meal plan from local restaurants and catering companies that deliver straight to the user’s workplace. Their mission is to take away the stress of healthy eating, making personalised nutrition a reality. Nutrifix also featured in Forbes in April 2019 and has recorded 15,000 app downloads till now with over 8,000 newsletter subscribers. The proceeds will be used for product development, marketing, engineering and operational purposes.
days to go:
Expired
investment:
£268,160
Alyve provides personalised subscription nutrition powered by Artificial Intelligence (AI). It argues that 8.2 million UK vitamin users are looking for personalised nutrition in one capsule. Alyve asserts that its product can fulfil this demand. Users complete a 3-minute questionnaire where their responses are recorded by Alyve's intelligent algorithms. These then, based on the responses, help the user select one of Alyve's nutritional pills best matched to their goals and needs. Alyve then delivers the pills to the user's doorstep every 30 days. The company has recorded 4000+ questionnaires and completed 800+ orders in 25 countries since Q4 of 2020. It aims to become a contender in the $21 billion supplement market. The company will use the investment received to increase marketing efforts, transform Alyve into a household brand, introduce new product lines, increase staff, improve technology, and transform both digital and physical User Experiences (UX).
days to go:
Expired
investment:
£227,782
