Dealdio is a mobile application designed for local retailers to increase customer loyalty and promote offers through DD loyalty points. It provides a platform for millions of small businesses to promote and offer genuine deals to customers. Dealdio has integrated local shops such as Tesco, Asda, Sainsbury's, and many more. Since its pilot program's launch, over 1000 businesses listings have joined with a user base of over 2500. In February, the company had secured a seed funding of £100,000. Dealdio is building relationships with retailers all over London, and its revenue is growing 20% month over month. With the funds raised, the company will extend its range by increasing sales team and running numerous marketing campaigns. Dealdio is also aiming to change its traditional methods of promotion.
days to go:
Expired
investment:
£34,910
Boom offers a wide-ranging voice over internet (VoIP) telephone software service targeted towards small and large companies. The company's highly experienced board comes with 270+ years of experience in the IT and Telecom sector. Boom enables a company to execute all of its telephony activity via a highly scalable, cloud-based service with more features. With the proceeds, the company aims at becoming a major software telecoms business. Its exit plan is to sell within five years as a software company, not as a telecoms business, with high growth recurring revenues to do an ideal valuation.
days to go:
Expired
investment:
Withheld
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
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
Genuine Impact (GI) is a financial technology company that aspires to make researching investments simple so that everyone can invest with confidence and ease. The company provides users with stock & fund analysis, idea discovery, analyst reports and portfolio allocation tools. GI argues that existing investment products are often tailored for institutions, providing unnecessary features at a prohibitive cost, excluding everyday investors from sound financial insights. It aims to change this scenario. The company is currently serving users from >90 countries and witnessed its subscribers grow by about 9.7% weekly between October-March 2020. GI has signed $100 billion worth of Assets Under Management (AUM) with a leading Chinese asset manager to expand into China. It will use the investment to continue its growth ambition to onboard hundreds of thousands of subscribers on its portal.
days to go:
Expired
investment:
£792,830
Nextfin is an FCA approved aggregation and rating portal for equity and debt crowdfunding investments.
AIM is shrinking, legacy stock markets are too expensive to maintain and do not serve the requirements of SMEs, banks are closing branches, lending less and are paying little or no interest to investors. As a result of this, there is a huge growth in equity crowdfunding and P2P lending which has seen the launch of hundreds of alternative lenders & platforms that has created a new c.£3bn marketplace, expanding at 66% p.a. There is no single portal or trusted ratings index for investors to compare on a like for like basis and no secondary market to facilitate exits.
* NextFin is the new trading name of Business Agent Ltd
The solution
NextFin aggregates equity and debt crowdfunding investments to create the alternative finance marketplace. This makes it easy for investors and lenders to find and compare opportunities by presenting all investment offerings in one place. With the addition of a free of charge ratings service investors will be able to view ratings of every equity crowdfunding pitch, every P2P site, and every equity crowdfunding site. NextFin’s technology will constantly track these companies and investments providing the investor real-time intelligence on which to base investment decisions. The platforms and entrepreneurs will be self-promoting and marketing their ratings driving thousands of visitors a month to the NextFin site, in the same way, businesses refer their potential clients to Trip Advisor and Trustpilot. There is an estimated 10 million website/platform visitors per month across the whole of the alternative finance market. NextFin is targeting to direct 5% of this highly profiled traffic to its platform from which it will earn between £5-£8 per click from advertisers and partners. In addition, an in-house brokerage service also earns between 1%-6% commissions on loan placements. A future revenue stream (not featured in the financials) will be developed once visitor traffic reaches critical mass. This will see Nextfin being able to realise the full value of its captured ratings data and visitor traffic by launching a secondary market, which is estimated to be a £5bn marketplace.
NextFin is raising £500k at a pre-money valuation of £2M to: • Develop P2P and Equity site ratings• Expand the management, infrastructure and marketing resource• Increase visitor traffic to 6m a year via rating referrals
Owing to the size of the market and rapid growth of the industry, enterprise valuations in alternative finance are based on visitor traffic, market share and registered users. Recently published valuations of companies with visitor traffic of over 6m per year are in excess of £70m. NextFin is the market-leading aggregator and has first-mover advantage. It has the potential to exceed these valuations because it is the whole of the market aggregator and is currently the only ratings service provider as it grows to achieve 500,000 visitors p.m.
days to go:
Expired
investment:
£274,057
The Octopus Club (TOC) is a UK marketplace where users can buy, sell or give anything related to babies and kids. TOC asserts that baby items are often used for short periods because they grow quickly, aren't environmentally sustainable because of the waste they create and are financially challenging for many parents. The company aspires to solve this quandary by creating a safe platform for parents to extend the life of products and produce less waste. TOC has onboarded over 1800 members and 3500 listings since its launch in June 2020. The company's Instagram page has 5,000 followers with the brand having spent only £450 on advertising so far. TOC aims to become a contender in the global baby product market that is worth £115 billion and the sharing economy that will be worth £9 billion within the next 5 years. It will use the investment to increase its member base, support product development and improve its customer service capability.
days to go:
Expired
investment:
£148,086
Rnwl is aiming to be the first ever over-the-top insurance platform. The company asserts that conventional insurance companies rely on a lead generation business model that is archaic and inefficient. These result in a customer's insurance options becoming an expensive and time-consuming affair. Rnwl is endeavouring to simplify this. Users can enter their credentials and requirements on the Rnwl website. The company will analyse the market and suggest the best deals for the user. Rnwl has been accepted into the Financial Conduct Authority (FCA's) Innovation Hub. It will use 74% of the investment in human resource, 14% in marketing, and 12% as operational costs.
days to go:
Expired
investment:
£450,366
Capture Education is an education portal that aims to help educators and parents connect, foster engagement, improve understanding and increase satisfaction with respect to their children. The company asserts that its software can help reduce workload and costs for educators. It also claims that an average nursery will save over 6.5 hours per week on paperwork when switching from paper to the company's digital solution. Parents can see shared images instantly, watch videos of their children's achievements on the portal at any time. The portal allows educators to capture plans to allow and track activities of children's clubs and extracurricular lessons. The company has witnessed over 1 million observations created and shared on its portal. Over 19,000 parents access the company's system every month. Capture will use 40% of the investment in Research & Development (R&D), 30% in marketing, 10% in sales, and 20% as contingency funds in the wake of COVID-19.
days to go:
Expired
investment:
£257,040
An award winning company providing accredited courses for more than 50 academic institutions, firms and government officials to up-skill and certify individuals. e-Careers utilises various methods of teaching which can fit around a person's busy lifestyle to ensure they remain employable. The company has enrolled more than 500,000 people across 50 countries and has generated £36 in turnover, with a cumulative profit of £2.2m since 2011.
days to go:
Expired
investment:
£284,540
