Carverter is a technology platform that enables customers to find and lease a hybrid or Electric Vehicle (EV). The company cites data pointing out the UK government's ban on the sale of petrol and diesel only cars after 2030. It also argues about changing car preferences, with 78% of consumers considering leasing to access an EV. Carverter aims to capture this audience and grow its business. The company uses its algorithm to bring together over 32 million data points across its three tools, namely Carvert, Carwizard, and Browse, to help users find their choice of hybrid/EV. Carverter has partnered with renowned entities like WPP, Arval, Microsoft & ITV to boost its business. It will use 10% of the investment on hiring staff, 20% towards rolling out its services across 22 European countries via Arval, and 70% on an advertising multiplier deal with the UK's largest commercial broadcaster, ITV, and WPP.
days to go:
Expired
investment:
£2,324,693
Thyngs is a touch-free instant payment platform for businesses and charities. It has around 20 active re-seller partners for new sectors and markets. The company is working with PricewaterhouseCoopers (PwC) as part of its raise programme and actively engaging with several Series A Venture Capitalist (VC) funds intending to raise £4-5 million in late 2021 to scale its business. Thyngs aggregates various payment partners including PayPal, Worldpay, Apple Pay and Google Pay. The company was the cashless donation platform for 210,000 fundraising events for Macmillan's 'World's Biggest Coffee Morning', which raised £27 million in 2019. Many reputed organisations such as Warner Bros, Royal British Legion, Wasabi, National Geographic, and ANZ Bank are working with Thyngs. The company will use the investment to enhance its marketing campaign, bolster its sales team, work on data security and integrations on its platform, and expand the account management team to boost its business.
days to go:
Expired
investment:
£329,591
UnderPinned gives freelancers a single, dedicated platform to learn how to build a successful business, find clients, manage their work, and help them get paid on time. The company aspires to build a connection with users that ensures everyone thrives through its accelerator programme, community, and content. UnderPinned asserts that its accelerator programme allows it to achieve day one unit profitability before converting users to subscribers. It claims to have made £12,772 in revenue with £8,000 spent on marketing in its first month of programme sales in January 2021. The company argues that COVID-19 has accelerated freelancing, moving away from traditional employment. UnderPinned has a community of over 20,000 subscribers and growing. It says itvwill use the investment to scale its team, marketing and product development as it focuses on expanding in the US and EU markets.
days to go:
Expired
investment:
£629,086
Not In The Guidebooks (NITG) is a travel agency that believes in making tourism sustainable and enjoyable for travellers and local communities. NITG has raised a £250,000 seed funding to build its platform and connect with local partners. It's contracted agent partners include British Airways, Mid counties Co-Op, Spear Travel, and Intele Travel, amongst others. The company is set up as a global collective, ensuring 10% of its profits go to its local partners. NITG has also acquired and integrated Go Learn To, an experiential holiday provider focusing on immersive learning experiences. The company will use the investment to build a team to create content, secure new partnerships, build consumer brand awareness with a strong social media presence, and develop technology with geolocation and live availability to enliven trip itineraries.
days to go:
Expired
investment:
£128,899
Planks is a British clothing brand that creates eco-conscious outerwear for skiers. The company is an omni-channel brand that sells Direct-to-Consumer (DTC) via planksclothing.com, through its Val d’Isère store and other retailers. Planks uses 'Bluesign' approved fabrics and incorporates 'REPREVE' recycled yarns into 68% of its products having recycled 1.5 million waste plastic bottles, in the process, so far. The company had a turnover of £1.85 million between May - June 2020. Planks has a growing community of 27,000+ customers that are a part of its Grassroots Tour initiative. Planks's loyalty platform, 'The FUSS', allows the brand's best customers to complete missions, create content and become brand advocates. The company will use the investment to continue international D2C expansion by improving customer experience in target markets via website localisation and digital marketing and sustain Business-to-Business (B2B) growth via digital wholesale accounts and integrated marketplaces.
days to go:
Expired
investment:
£847,154
Nuw is a clothes-sharing app and community that aims to empower people to reduce the environmental impact of fashion on the planet. It grew from a community trial at Trinity College, Dublin to an app that is available nationwide across Ireland and the UK. Till date, the company has over 3800 registered users. Nuw has developed a bespoke impact calculator with the London Waste and Recycling Board to accurately measure the carbon, waste and water offset of each share on the app. This information is shared with Nuw members so they understand the positive environmental impact they create by sharing and swapping on Nuw. It has also developed partnerships with UPS and Parcel Motel to offer users a contactless, affordable and convenient delivery option. The company will use 66% of the investment for team salaries, 24% for marketing, 8% for overheads, and 2% for monthly subscriptions.
days to go:
Expired
investment:
£131,219
Qardus is an ethical and Sharia-compliant financing platform for social impact Small and Medium Enterprises (SMEs) and investors. Qardus asserts that the 3.8 million Muslim community in the UK, and 25 million in Europe, is massively underserved when it comes to accessing interest-free (Sharia-compliant) structures. It intends to change this. Qardus offers up to £200,000 in innovative interest-free business financing to eligible SMEs for tenors of up to 24 months and is Financial Conduct Authority (FCA) approved. Qardus points out that it has provided over £250,000 in financing to some high social impact SMEs during the COVID-19 pandemic, maintained a 100% track record with a 0% default rate to date, and featured in media entities like Sifted, Islamic Finance News, Peer-to-Peer Finance News, and Fintech Futures amongst others. It will use 30% of the investment on marketing costs for acquiring SMEs and investors on its platform, 60% on growing its team, and 10% on obtaining additional licenses to expand its services.
days to go:
Expired
investment:
£313,009
Dynamo is an app that enables users to schedule and share luxury events with new and interesting people from the local community, making them available independently and on-demand. The company has developed the iOS application and launched a pilot in Mykonos, Greece. It has also received interest from providers in 20 cities globally. The Dynamo team consists of highly-experienced professionals from Hotels.com and best consulting firm. The company has re-branded as Dynamo and is ready to launch in London.
days to go:
Expired
investment:
£172,600
Zapaygo allows consumers to order ahead at coffee shops, food outlets, restaurants, bars, events spaces, stadiums, and many other venues, improving customer experience while increasing venue revenues. The app also has a loyalty program for its users, RewardZ. This blockchain, digital rewards token is a key offering by Zapaygo to chain and individual merchants who can redeem RewardZ Tokens. Using Zaypaygo allows venues to reduce time taking orders by 40% and increase their sales by 30%. The company has developed an innovative technology platform that has identified core venues & corporate partners in the UK as initial target markets and is ready to scale. With the funds received, the company is focused on covering customer/corporate convenience in collecting F&B (Food & Beverage) and experience growth similar to the success experienced by apps like UberEats and Deliveroo. It also aims to offer 'order to delivery' end to end services.
days to go:
Expired
investment:
£596,030
Bitstocks is a financial technology application built entirely on blockchain. The company intends to bring to customers the benefits of bitcoin in a simple & accessible personal account format. It asserts that 76% of UK adults use online banking. Its product, Gravity, currently offers BSV, BTC, GBP & EUR pairings, with investment accounts for customers to buy, sell & store bitcoin. The company is registered with the Financial Conduct Authority (FCA) and integrated with Faster Payment System & Single Euro Payments Area provider. Bitstocks has 1,800+ registered customers, with 650+ joining through referrals. It will use the investment to scale & develop the next phase of Gravity, bring forth stablecoin to enable tokenised global micropayments, and introduce personal accounts, debit cards, savings & loans.
days to go:
Expired
investment:
£1,105,596
