The Pension Lab offers an interative platform for employees and individuals, helping them reconnect and engage with their pensions. Its mission is to provide the customers with better knowledge of pensions and promote long-term financial decision making. The company has reached the finals of 'Pitchfest' competition held at the NEC as a component of “Venturefest”, and it is also a finalist in the “Innovation in Business” category. Some of the best Fintech solutions providers and pension services such as Yodlee and Origo are in partnership with the Pension Lab. With the proceeds, the company will develop its working capital, infrastructure development, and customer acquisition.
days to go:
Expired
investment:
£38,024
Glug provides a platform for businesses to let customers order from a digital menu and have them served to the table or pick up from the bar. It points out that its system is designed to be user friendly and easy to set up wherein restaurants or bars can upload and digitalise their menu and can be discoverable within 24 hours. Consumers can discover the restaurant, book a table, place an order, and browse for offers and discounts, amongst other features using the company's community app. Glug asserts that more than 16,000 users have ordered food and drinks through its app in less than four months since the company's launch. It intends to become a contender in the UK dining and pub market that is a £40 billion+ industry. Glug argues that more than 20,000 users have downloaded its app from the App Store and Google Playstore. It will use the investment for marketing, hiring, technology development, attract 1.5 million users and onboard 1,000+ venues over the next 12 months.
days to go:
Expired
investment:
£73,114
Nexus is a digital platform that empowers users to take control of their health and wellbeing. It states that long-term health conditions like diabetes and cancer will account for over 50% of global health spending by the end of 2021 with depression becoming the leading cause of disability. Nexus aims to address this situation via its app. It argues that its app will offer users health coaching, telemental health, products, and services to transform their lifestyle. Nexus claims that the app can track progress via self-entered user data and is being designed to connect with apps and wearables to inspire life-long behavioural change. Nexus has prepared a pilot for an NHS Trust endorsed by Boston Scientific with a collaboration agreement to roll out the app to 30,000 NHS users. Nexus was one of 100 startups chosen to pitch at the World Business Angels Forum 2020. The Company says that it will use the investment to support Phase 2 of its tech build, grow further in the UK, and start its expansion in the UAE.
days to go:
Expired
investment:
£280,360
QFinds is a purpose-built hiring tool that enables employers to easily and efficiently pre-screen candidates, conduct interviews and generate employment contracts. The company asserts that it is a UK government vetted 'Kickstart Scheme' representative and can get small businesses grants to hire interns having already processed over 100 job applications. QFinds claims that its app has been downloaded 2 million+ times garnering 24,000 reviews averaging 4.8/5 stars. QFinds also points out that bad hirings cost the UK up to £6.7 billion in turnover, productivity, and training. It seeks to change this and disrupt the £39 billion recruitment market. The company has partnered with notable entities like University College London, Kings College London and Brunel University London, intending to use them as strategic partners to increase job seekers signing up to and using its app. QFinds will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£222,866
Good Club is an online grocer that aims to sell sustainable household food and products across the UK. The company's sales have grown from £18,000 to £234,000 in May 2020. The potential demand for sustainable food and products is £61 billion in the UK, and the company finds itself as a strong contender in this domain. COVID-19 has led to an increased interest in home-delivered grocery products amongst consumers. Good Club responded to this by opening its first distribution hub in North London. It has also carried out a 'Life Cycle Analysis' of its proposed process and prototype packaging to ensure that its sustainable and eco-friendly. The investment raised will help the company grow its revenues, establish scalable marketing foundations for future growth, and roll out 'Closed Loop' service to strengthen customer loyalty.
days to go:
Expired
investment:
£1,001,337
PRYNTD is an immersive on-demand and live-streaming platform. The company enables content creators to create, convert and share 2D content and live streams as immersive experiences that audiences can access on their smartphones, tablets, computers, TVs, augmented and virtual reality devices. PRYNTD claims that its website witnessed 200,000 views to date, supporting 100+ artists, and onboarding 50+ affiliate partnerships. The company aspires to dominate the immersive content market that is set to grow to $900 billion by 2026, with entities like Apple, Facebook, Microsoft as key players. PRYNTD has been applauded by UK innovation agency, 'Digital Catapult' and accepted to the Mayor of London's 'Growth With AI' programme. The company states it will use the investment to improve its technology, reach a wider audience, and maximise exposure for its creators.
days to go:
Expired
investment:
£84,473
Expend helps businesses by simplifying and automating the process of expense management. The company provides optional contactless payment cards, receipt and invoice management, mileage tracking, spending approvals and expense reimbursements through its mobile app and web platform. It aims to become a contender in the global travel and expense management software market that is expected to reach $17.4 billion by 2027. The company argues that 96% of its customers are happy and recommend its services. It has onboarded notable clients such as Amazon, Capitalise, Bumble, and Jimmy's. The company will use 40% of the investment on sales and marketing to further target the Small and Medium Enterprise (SME) and corporate markets, 40% to open up market opportunities via further product enhancements along with partner products, and 20% to expand its services to international users.
days to go:
Expired
investment:
£926,610
SafeToNet is a cyber-safety company that safeguards children around the world from online threats such as bullying, grooming, abuse and aggression. The company's Artificial Intelligence (AI) system is trained to look for patterns of behaviour that can suggest a child may be at risk. Its smart keyboard detects risks in real-time and steers children away from trouble by filtering harmful outgoing messages before they can be sent and any damage can be done. SafeToNet has sold more than 550,000 licences of its AI-based safeguarding solution in 2020 and is operational in 109 countries. It has featured in The Daily Mail, The Independent, and The Times, to name a few. It has raised £2.52 million to invest in its growth and is offering secondary shares to investors.
days to go:
Expired
investment:
£183,606
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
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days to go:
Expired
investment:
£472,570
