Dream Reality Interactive (DRI) is a software development company that builds interactive programmes and games across the full spectrum of immersive platforms and devices. DRI is in a soft launch of its mobile Augmented Reality (AR) karaoke game, Singheads, with the full launch expected in late June. DRI is partnering with Snapchat to leverage its 229 million daily active users towards this objective. The game offers players a new song to sing every day, and the unique business model opens the mobile karaoke market to ad-funded play. AR avatar heads powered by Bitmojoi (similar to Apple’s highly valued Memoji) significantly enhance the user experience. The company will use the investment to further develop its game. It will exit by being a catalyst in launching a successful number of games and eventually be acquired by a global platform such as Snapchat, Apple, Tik Tok, or by a global video games company such as Electronic Arts, Zynga, Activision, Tencent or NetEase.
days to go:
Expired
investment:
£135,000
EMERGEiQ is a cloud-based platform targeted towards Small and Medium Enterprises (SMEs) and large corporate organisations. The company plans on having an extensive suite of algorithms that simplifies Data Science (DS) and Artificial Intelligence (AI) at low cost, across all sectors. EMERGEiQ asserts that its analytics can help businesses improve operational productivity, cut costs, and eventually generate more revenue. It has worked with companies across a variety of sectors such as finance, medicine, stock market, and insurance. The company will use will 30% of the investment for R&D, 25% to purchase software and hardware to improve platform capabilities, 25% to market its new product line, 10% as working capital, and 10% as miscellaneous expenses.
days to go:
Expired
investment:
£150,000
Lux Rewards is an application software that provides corporate diners an opportunity to earn rewards over 200 high-quality restaurants and bars in Bath, Bristol and London. The diners can collect up to 7.5% of their bills in points and earn luxury rewards (that can be redeemed on over 100 restaurants, free cocktails, hotel gateways, and charity/donations). Lux Rewards has collaborated with corporates, mainly in the professional services sector and offers free employee benefits. At no cost to the company or their employees, Lux Rewards provides unique referral codes as well through which the company’s staff receives a gift of £5.
days to go:
Expired
investment:
£81,023
Avanatta is a fun micro-video app that both safeguards its users and rewards them for great content.1 in 12 Twitter users have been trolled and even more on Facebook, Instagram and others. Yet these companies don't take the matter seriously. At its worst, the abused have committed suicide. Avanatta has market-disrupting software that profiles and predicts user behaviour. It automatically blocks, suspends or bans anti-social content. It is the world's first social network to do this.
days to go:
Expired
investment:
£22,625
Balkerne is designing a commercial insurance product based on Risk Management technology and Property & Casualty Insurance. Through this way, the company helps enterprises defend their property and people. The company will make sure that no property owner suffers from theft, fire or flood. It has generated net revenue of £21K in January 2019. The revenue model of Balkerne is to charge a percentage of the premium to distribute insurance and support customers with risk management by managing claims. The company has come up with an exit strategy that is to improve the performance of the acquiring company and to quickly acquire the skills and technologies at a lower cost.
days to go:
Expired
investment:
£150,000
Intoware provide wearable, mobile and desktop technology to SME's and SAS clients. Intoware digitise the deskless workspace and therefore remove the need for paper checklists. Once a checklist is complete, Intoware is able to share the completed list with anyone it may concern.
days to go:
Expired
investment:
£700,000
HelloDone automates conversations across messaging apps such as WhatsApp, Facebook Messenger, and Instagram for the transportation, home delivery and utility sectors. HelloDone stresses that its Software as a Service (SaaS) enables more than 80% of inbound queries to be resolved automatically between customers of retailers and global carriers. HelloDone states that its portal drastically reduces the customer service burden and creates new dialogues with the customer for enhanced revenues. The company claims that it launched its portal in October 2020 and onboarded its first client in four months, followed by signing large online retailers such as Charles Tyrwhitt and Footasylum. It has also signed contracts with leading UK fast fashion groups and major US retailers. HelloDone is tracking £330,000 worth of Annual Recurring Revenue (ARR) for 2021 and forecasting revenues of £65 million by 2025. They state they will use the investment to arrange flagship brands signed, build on evidence/success metrics and build scale and pace ready for a planned Series-A in mid-2022.
days to go:
Expired
investment:
£700,003
Channels such as eBay and Amazon present a tremendous opportunity for SME’s to sell their products benefiting their businesses. This, however, also introduces a range of new challenges e.g. how to keep stock up to date on all channels. Developing proprietary systems to manage these is complex and expensive. ESeller Express offers a cost effective, instantly available, cloud based system which arms SME’s with just the tools they need to manage their businesses efficiently.
days to go:
Expired
investment:
£23,000
Makerble is an easy-to-use mobile app and web-based tool for charities to track, improve and share their impact. Currently only 8% of charities use software to track their impact and so far Makerble's beta users have reduced time spent on data collecting by 50%.
days to go:
Expired
investment:
£21,429
Lenderwize provides working capital to telecom wholesalers. It asserts that large telecom operators pay on sixty days whilst suppliers are paid on seven days; hence the middleman suffers an average -53 day Cash Flow Gap (CGP). Lenderwize also argues that banks do not understand the telecom industry because a phone call is not a tangible asset such as real estate; hence they provide little help. Lenderwize solves this problem. It has developed a financial technology platform that certifies 'Proof of Service' that includes real phone calls, real invoices and the quality of delivered services. Its typical clients are mid-sized operators having annual revenue of 50-300 million USD. Lenderwize sells to large Tier 1 Operators (Originators) and buys from smaller (Terminating) Operators. It has identified 1350 wholesalers in need of $96 million. Lenderwize intends to exit within four years and sell its business to potential buyers such as large telecom operators, alternative finance funders, and banks seeking innovation.
days to go:
Expired
investment:
£1,310,640
