B-North is a UK-based business lending company. It has combined cloud-native technology with face-to-face relationship banking. The company asserts that SMEs account for over 60% of private-sector employment in the UK, have driven job growth over the past ten years, and are central to driving economic recovery. It intends to disrupt the £150 billion UK Small and Medium Enterprise (SME) lending market. B-North has raised a seed capital of over £6.8 million including a six-figure investment from the Greater Manchester Combined Authority to establish its core team, as well as, build lending and deposit-taking platforms. The company is now seeking further investment through a bridge round to extend the cash runway from the end of Q4 2020 into Q1-Q2 2021 to achieve the necessary regulatory capital to become a bank and commence lending.
days to go:
Expired
investment:
£2,149,256
Premium popsicles partnered with Pimm's producers and available as alcohol and alcohol-free. POPS has pioneered a contemporary and innovative concept within the ice cream industry. Since inception, their business and product range has grown and now consist of popsicles made from real fruit, all natural ingredients and are less than 60 calories. One of their most notable products is the champagne ice popsicle, a world first.
POPS have generated sales of more than £590k in the first half of 2018, which is equivalent to their total sales in 2017. Their products are available at major retailers, including Ocado and Tesco. As well as regional locations, such as Spar, Musgraves, Whole Foods and 500 other independent stockists. The range is also sold at festivals, sporting events, cinemas, theatres and leisure groups.
Funds are being raised to launch new product ranges in 2019 that are aimed at a wider target audience and suitable in most situations. POPS aims to ensure their products meet consumer trends in regards to health and portion sizes.
days to go:
Expired
investment:
£479,550
Landbay is a peer to peer mortgage lender who are on a mission to modernise mortgage lending by fusing innovative capital structures such as; ISA’s, peer to peer and institutional funding with technology to provide a service for their customers.
days to go:
Expired
investment:
£1,622,756
Craft peanut butter sourced from high quality ingredients that is uniquely roasted and blended. ManíLife is sold in over 1,200 stores such as Holland & Barrett, Selfridges and soon Ocado. The company has numerous food service partnerships including Gousto and HelloFresh, where it is estimated that ManíLife is served to 750k customer per year. Monthly sales have increased 7.3x from August 2017 at almost £10k to August 2018 at over £70k.
days to go:
Expired
investment:
£744,727
Peliwica Insurance is set up to disrupt the current rural, equine, and agriculture insurance broker markets. It is a new Insuretech business that was launched in 2018. In the same year, the company gained its first FCA Approval and the Lloyds CoverHolder status that held the key enablers to launch this business. Peliwica Insurance is trading with 10 Brokers with a £100m premium opportunity. With its upcoming mobile application and devised white-labelled D2C platforms, the company will be able to allow brokers to access new product markets and customers more effectively.
days to go:
Expired
investment:
£75,980
Notes is a well-established coffee shop and wine bar concept with nine locations in central London. They pride themselves in being able to source and roast at their own roastery in Canning Town which provides over 1.4m cups of coffee a year. By serving high volumes of their single-origin speciality coffee, Notes have doubled their revenue to almost £5m by just opening shops in four locations since 2015.
days to go:
Expired
investment:
£1,194,330
Findr aims to automate the creation of business partnerships by providing easy access to hyper-targeted opportunities in minutes. The company asserts that its platform allows any business, regardless of its size, to sign up, post its partnership requirements, and explore opportunities for free. The company's portal allows users to request a 1-hour 'Discovery' call with a potential partner when the said user spots a relevant opportunity. Findr argues that it has made 'Discovery' for free for the first few months to build its user base. The company has onboarded 140 business users ranging from early-stage to global brands such as Mastercard, Uber and Visa since November 2020. Findr has featured in Forbes for helping businesses navigate COVID-19. The company will use the investment to develop two new price plans – Unlimited and Enterprise, introduce new platform features, hire a machine learning expert, and undertake digital activity to grow its user base.
days to go:
Expired
investment:
£396,288
Funnel is a technology, disruptive, financial, and legal platform which will power the company's global expansion. It seeks to be a global marketplace disrupting the music's creation, marketing, and development through its new Shared Outcome Agreement. The purpose is to develop a transparent, new, and fairer model within the music industry. The funnel has developed a new, disruptive, legal, and financial model. The company has completed many releases from artists and platform MVP completed. It has an internationally experienced team in technology, music, and brands. The Funnel wants to be a fundamental partner to advancements in technology like AI & blockchain, which form a part of its roadmap.
days to go:
Expired
investment:
£254,190
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
Juggle helps companies hire, manage and retain experienced professionals on flexible contracts. The company has onboarded more than 9000 professionals and over 700 businesses on its platform. Juggle asserts that its portal is completely free for companies to post jobs wherein professionals will receive a recommendation to the right opportunities based on their profiles. Juggle allows both companies and candidates to manage the timesheet and payment formalities through its platform once a contract is agreed upon. The company claims that 85% of professionals recommended by its platform are interviewed. Juggle aims to become a contender in the online recruitment industry that is projected to reach $36.2 billion by 2027. It will use the investment to make additional hires in certain key positions, expand product features, and apply to the FCA for a license to handle payments at a larger scale.
days to go:
Expired
investment:
£467,537
