Nova launches growth focus, tech-enabled startups, putting passionate founders at the heart of everything they do. It creates a more rewarding experience for startups with its co-founding model. The company conceives and scales digital businesses thereby solving the real-world problems, open new markets and disrupt existing ones. 46% of Nova co-founded businesses are still trading. There are 140+ staff over Manchester, Liverpool, London, and Islamabad. There is a 3% portfolio valuation growth YOY, thereby creating more than £72m valuation of the portfolio. The company made a turnover of £7.2m in 2018/19. Nova is raising funds to leverage the company's growing network of Founders, Funds, and Talent in the UK.
days to go:
Expired
investment:
£744,880
AQai is an Adaptability Quotient (AQ) assessment and coaching platform. It assesses workforce adaptability across 15 dimensions including resilience, grit and unlearning, motivation style, hope, and stress. It then deploys Artificial Intelligence (AI) and Machine Learning (ML) to deliver optimum learning strategies to its users so that they can adapt to changing work conditions. The term 'AQ' has featured in publications like Inc, Forbes, HBR, and the BBC to name a few. The company aims to be one of the leading companies in the $21 billion workforce adaptability sector. AQai's users are from over 52 countries and organisations like GSK, Philips, and FedEx. It has partnerships with companies based in India, Europe, the UAE, and the USA, and has sold 2,500 assessments till date. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£138,540
Airclaim provides a platform for air passangers that have experienced delays or cancellations to claim compensation based upon length of flight.
days to go:
Expired
investment:
£38,020
MyFirstUK is a car insurance platform for first time driver. It aims to offer young people the perfect cover at the right price and also provide them with all of the guidance they need to make an informed decision.
days to go:
Expired
investment:
£61,920
dooo is an all-inclusive platform that offers on-demand specialised home haircut service to consumers. The company claims that 21% of people reported a disability in the UK in 2018 and 49% of people reported social anxiety or other mental health issues, that prevented them from visiting a salon. dooo wants to change this by helping everyone get the haircut they want, wherever they want and overcome the inequalities in the hair industry. dooo allows users to connect with the stylist beforehand and express any special requests to tailor the experience to their requirements. The company aims to become a contender in the 'Hair & Beauty industry that generated over £8 billion in 2018 in the UK alone. dooo will use the investment to develop native mobile apps on both iOS and Android, boost marketing and PR strategies to further its 'Bristol Launch' in Summer 2021, pay wages to essential staff, and manage administrative tasks.
days to go:
Expired
investment:
£70,850
Legal Connection (LC) is on a mission to democratise the $1 trillion legal profession, and enabling networks of legal professionals to compete with large partnership firms. The company asserts that the UK leads the world in being a friendly regulatory environment for freelance lawyers and virtual firms. LC aims to capture this sentiment and provide the aforementioned lawyers with the right technology so that they can group to provide a comparable service to large firms at a fraction of the price. LC argues that its product looks like a social networking tool but functions as a legal case and practise management suite wherein all the work takes place in secure chat rooms. Lawyers are also allowed to leverage third-party managed accounts to hold client money and execute transactions. LC was selected by Antler Venture Capital and given a pre-seed investment of £120,000. LC will use the investment to grow its user base, continue product development, and use technology to power the future of law.
days to go:
Expired
investment:
£211,874
Recap is a cryptocurrency portfolio tracking, analytics and tax reporting platform. The company claims that market participants engaging in cryptocurrency have to deal with complex issues such as tracking all of their transactions, valuing cryptocurrency transactions in their tax currency and understanding capital gains tax legislation laws. Recap aims to solve this issue by enabling said participants to calculate any tax they owe on their cryptocurrency trading activity in a matter of seconds on its portal. The company has plans to launch a mobile application enabling investors to track their portfolio on the move. It also intends to come up with a Business-to-business (B2B) offering which Recap asserts will enable crypto native companies to account for their cryptocurrency activity with automatic accounts reconciliation to accounting software like Xero and Quickbooks. The company’s exit strategy is a trade sale within 3-5 years to a cryptocurrency exchange or accounting software provider.
days to go:
Expired
investment:
£120,472
Laka Insurance is a collective insurance provider. The company is disrupting the cycling and e-mobility industry. It aims to become a segment leader in the aforementioned industry that is forecast to reach £100 billion by 2025. Laka argues that the traditional insurance model is based on insurers taking a customer's money and profiting from not paying out claims. It aims to change this. Members on Laka share the cost of all claims, and the company earns its share when settling claims for the member. Laka has insured over 10,000 bikes till date. The company launched its new product, Laka Club, in 2020 that offers third-party liability insurance. Laka has won the Best Cycle Insurance Provider at the Insurance Choice Awards multiple times. The company will use the investment to expand its customer base, bring new offerings, and expand its business across different demographics.
days to go:
Expired
investment:
£2,056,630
Husky is the UK’s only open, SaaS platform for workplace pensions. For employers, the platform deals with legal and compliance burdens of auto-enrolment while helping reduce pension costs. For individuals and company directors, the app is instrumental in bringing profitable and responsible investments with the Husky for Everyone app. And for advisers and accountants, it ensures strong client relationships amidst transparency and efficiency. Close to 1.4 million employers & 22.6 million workers are affected by the UK’s automatic enrolment (AE) legislation. Within this market, a conservative estimate of fees charged on employees by pension providers is £2 billion a year; Husky aims to disrupt this market & is ready to scale. Its method of operation has led to it achieving important milestones. With more than 1000 firms onboarded, a 92% renewal rate, and an average annual fee of £438, Husky charges its onboarded firms (including Crowdcube) with monthly recurring fees laid out as part of a 3-year subscription model. With the funds received, the company aims to disrupt the relatively stagnant workplace pensions industry with innovative products and empower its customers.
days to go:
Expired
investment:
£417,338
B-North intends to revolutionise the business lending industry, which is often outdated, impersonal and slow. The fintech company uses some of the most advanced cloud-based technology, coupled with face-to-face relationship teams to get the best lending solutions for borrowers and their businesses. The company is powered by a team with prior experience in starting and scaling challenger banks, and profitability is its focused goal. B-North has submitted the banking licence application, and the result is expected by 2020.
days to go:
Expired
investment:
£2,135,456
