FounderTribes helps budding entrepreneurs get access to advice, connections, and capital from established founders via its educational app. It argues that around 581 million people will never gain access to Venture Capital (VC) funding or avail meaningful entrepreneurial education. FounderTribes intends to change that and become a contender in the Education Technology (EdTech) market worth $5 trillion. Users can use the app to get personalised feedback from FounderTribes's community of seasoned entrepreneurs and investors, get actionable tips from industry-specific networks to work on problem areas, and avail alternative financing to start and scale their business. FounderTribes has raised £700,000+ as part of this round, onboarded over 400 investors and 500 mentors on its portal, and signed its first paying customer, Capital Enterprise, with £20,000 worth of subscriptions. It will use 76% of the investment for HR costs, 10% towards video content creation, 3% towards IT expenses, 2% towards marketing expenses, and 8% for general operations.
days to go:
Expired
investment:
£805,960
Beacon is a company that offers software and supporting services to help a client optimise their digital marketing efforts and improve their marketing Return-on-Investment (ROI). The company offers clients services like campaign management, PPC (Pay Per Click) campaign analytics, social media analytics, and anti-fraudulent click system etc. Using the company's portal, marketers can compare costs and revenue across all digital channels, channel by channel, and with their off-line marketing efforts. Beacon aims at removing ‘non-human clicks’ and giving direct independent attribution of emails, posts, ad’s, etc. to specific website actions and business goals thereby improving engagement and reducing costs. According to Stratistics Market Research Consulting, the web analytics tools market is expected to reach $4.9 billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 20.8%, in which, Beacon aims to be a leading contender. The company will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£240,000
People Matter (PM) is a wellness platform that offers an online space where a user can measure and improve his/her mental wellness at work. The company's app, Okina, aids the user in getting mental stability and avoiding stress. PM asserts that over 264 million people suffer from depression globally. For its efforts, PM won the Tech Nation’s Rising Stars competition in 2019, Tech Nation’s Applied AI cohort in 2019/20, and Start-Up of the Year by Tech SouthWest in Dec 2019 amongst others. It will use 70% of the investment to fund the development of its app as well as the PEAK data science engine, and 30% to support its operation and launch its proposition and product to market.
days to go:
Expired
investment:
£321,700
An energy provider that uses artificial intelligence to learn a customer's energy usage pattern and then create bespoke profiles resulting in better value for customers. Usio's model utilises new regulations that are not currently widely used by the Big 6, which allow increased efficiency in business operations whilst providing real-time energy deals. The company is growing rapidly with 1,000 new customers every month and the aim of becoming the UK energy leader in the P2P marketplace by 2020.
days to go:
Expired
investment:
£193,711
FutureBricks is an asset-backed lending platform for SME housebuilders and retail investors. It is a peer-to-peer (P2P) lending platform for SME housebuilders who have limited access to mainstream finance. In 2018, the company launched an online platform and mobile application with full-fledged automated lending. It has raised more than £2.8 million from just retail lenders across 16 projects. FutureBricks also maintained a 100% track record and 0% default rate of expected returns to investors to date. FutureBricks is named one of the most promising high-growth tech firms in the UK, by SVC2UK. FutureBricks was also shortlisted as “One to Watch” by London Business Awards 2019. With the investment received, the company will scale its marketing efforts and expand its commercial team to uplift and expand revenue-generating streams.
days to go:
Expired
investment:
£474,120
Edozo goal is to transform data storage, data sharing and workflow efficiency for commercial property professionals.
days to go:
Expired
investment:
£350,000
DiscountIF, based on the outcome of a sporting event will offer consumers up to 100% cashback on everyday items.
days to go:
Expired
investment:
£202,642
Thyngs is a revolutionary, self-service platform that enables marketers to transform any of their physical marketing assets into an instant point-of-sale, giving retailers, re-seller partners, publishers, and charities the ability to create new services in a matter of minutes. Its simple, secure, and unique 3-tap payment process is similar to Apple Pay. Many reputed companies like Wasabi, Warner Bros, National Geographic, and Monster Energy have already worked with Thyngs. Moreover, the company aggregates various partners such as Apple Pay, PayPal, and Google Pay. The company's typical ROI is more than 500%. With the proceeds, Thyngs will work with PWC as part of its Raise programme and engage with several Series A VC funds to raise £3-4m in early 2020.
days to go:
Expired
investment:
£361,162
Zobi is a technology company that aims to secure smart devices in a home against any potential attacks by a fraudster or fraudulent entity. Zobi's first device and app, Hedgehog, aims to address this issue. Hedgehog can anonymously monitor the Wi-Fi of a user, detect and block suspicious activity or devices, and show a user the security loopholes and the means to plug them. Zobi claims that there are currently around 135 million connected homes and, by 2025, the spending per year on smart home devices is said to be $160 billion. It aims to be a major contender in the smart home security sector. The company won the European Product Design Award 2020 and secured $120,000 worth of grants from Amazon and Google for its cloud services. Zobi will use the investment to build partnerships and its business development team, expand its offerings to other regions, scale-up marketing and PR, and recruit a senior Chief Technology Officer (CTO).
days to go:
Expired
investment:
£511,386
Zentraxa is focused on precision bioengineering to produce peptides with predictable properties tailored towards purpose. The company points out that peptides are amino acids that are the building blocks of certain proteins needed by the skin, like collagen and elastin. It has come out with a synthetic biology platform, Zentide, that designs, produces and tests novel peptides. Zentraxa argues that Zentide can circumvent previously existing bio-design limits imposed by conventional peptide synthesis and produce tailor-made biomaterials for healthcare, personal care and industrial uses. Zentraxa is initially targeting healthcare with its first biomaterial, a debondable adhesive, for use in wound care. The company asserts that the material has other uses such as cosmetics and industrial applications due to its ability to bond strongly while still being easily and painlessly removable. Zentraxa will use the investment to create a portfolio of other biomaterials for licensing to global businesses in the health and industrial sectors via its Zentide platform.
days to go:
Expired
investment:
£1,040,000
