Honcho is the UK’s first reverse auction marketplace for financial services that is revolutionising the car insurance market. In a reverse auction, the company works by inviting insurance providers to bid against one another. For just £1 a bid, insurance providers can go head to head to give the customer their best price and helping the latter to avoid any hidden charges and commission. Honcho's first major £830,000 funding round closed in March 2018 with support from crowd investors plus Maven Capital Partners. The company has just launched its first partner integrations, bringing its services to consumers of two major employee benefits platforms plus a major affiliate network. Honcho was selected for the 'Tech Nation Fintech programme 2019.' Honcho will use the investment to diversify its investor base and bring itself to a platform with support for Insurtech businesses, launch offers in other sectors, evolve its role as Platform as a Service (PaaS), and enhance marketing initiatives.
days to go:
Expired
investment:
£1,433,325
ClickMechanic offers car repairs, servicing, Ministry of Transport tests (MOTt), diagnostics and pre-purchase inspections through its nationwide marketplace of vetted mechanics. The company cites research group Mintel's data stating that 50% of drivers got ripped off by car service centres. ClickMechanic wants to change this and become a leading contender in the £23 billion UK automotive servicing industry. The company takes a 20% commission on every completed booking and has secured a Net Promoter Score (NPS) of 85+ for its services. Their exit strategy is via an Initial Public Offering (IPO) or trade sale.
days to go:
Expired
investment:
£100,000
savvy navvy (SN) is a technology company that aims to save sailors hours of frustration by finding the best and safest routes to their destination. Users need to drop a pin on the SN map and it will work out the best route in seconds. The company has raised more than £600,000 from more than 1,200 investors, calculated 15,000,000 miles of routes, and onboarded 56,000 registered users. SN has also secured partnerships with Sunsail, Navily, Dockwa, GJW Insurance, XShore, various yacht clubs, and marine brokerages around the world to increase its business. SN will use the investment to increase its Annual Recurring Revenue (ARR), execute nine marketing campaigns across 17 countries, and improve the application with additional features.
days to go:
Expired
investment:
£858,524
Savvy Navvy is the equivalent of Google Maps for sailors and provides point-to-point navigation solution, making sailing easier, safer and more enjoyable. The app factors in all the crucial information that a sailor would need like wind, tides, hazards and saves sailors time and money by combining all the elements of an amazing trip at the click of a button. Since the launch of its 'Founding Member Program' in 2018, the company received a wave of feedback from its community of 11,000 members who were searching for a navigation solution like Savvy Navvy. The company witnessed an amazing raise on Seedrs, overfunded by 265% in 7 days, with 400+ investors. It has also won Seedrs’ Entrepreneur of the Year 2019. With the proceeds, Savvy Navvy aims to secure partnerships with marine brokers, sailing schools, charter companies, and insurance companies.
days to go:
Expired
investment:
£616,462
savvy navvy is a fast, safe and easy-to-use navigation solution designed for sailors. It is the first app of its kind to combine real-time weather and chart data, offering comprehensive passage plan that is specific to boat specifications. It is also one of the few startups to pitch at the “2018 Xoogler Pitch day” at Google London. With 10,000+ registered users, 40,000+ plotted routes and an impressive organic reach on social media, the startup plans to expand its chart coverage, develop iOS and android apps, and add extra features like rain avoidance, tidal calculations, anchorages and much more.
days to go:
Expired
investment:
£331,484
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days to go:
Expired
investment:
£472,570
Coull is an advertising technology expert. They are looking to disrupt the way online advertising appears making it more natural, non-intrusive and creative. Coull is an established company already revenue generating. The funding will go towards growing the team, targeted marketing and product development.
days to go:
Expired
investment:
£175,980
PathCloud aims to assemble the global clinical diagnostics resources and data and make them safely available and helpful. The company has created and tested one of the first scalable clinical diagnostics management platforms. It currently has 20,000 clinicians partner networks and 92 registered clinicians. Additionally, it has a network across 48 counties, has over 100 providers, over 3500 diagnostics tests registered and over 10,000 patients by partner telemedicine networks. These funds will be used to gain a significant portion of diagnostics supplier agreements towards the scaling objective, increase efforts towards the international markets and NHS and pursue telemedicine networks.
days to go:
Expired
investment:
£81,720
Next-generation wellbeing analytics for individuals and organisations – boosts happiness and productivity
days to go:
Expired
investment:
£768,597
Rightangled is a healthcare technology company backed by NHS England & regulated by the Care Quality Commission (CQC). It began its journey as a platform that would enable the use of genetic information within the medical practice, in an accurate, streamlined, and affordable way. It gradually established itself as a healthcare provider for screening and diagnostic services. Its Heart DNA Test project, launched in 2017, is helping patients minimize their cardiac risks and enabling doctors to have a complete risk profile for their patients. The project was appreciated and received funding from NHS England. Its next project, Fitness DNA Test, tapped into the fitness and wellbeing markets. Recently, in the wake of the COVID-19 threat, the company has developed a home-based throat swab test to detect the viral infection, by testing viral load presented in its nucleic acid material within (RNA). For its efforts, Rightangled has been featured on CNN, Sky News, LBC radio, Sky News radio, and Newsweek. With the investment, the company aims to release a mobile application by the end of 2020, and develop an AI system to give instant tailored health, diet, and fitness advice to its users based on the data gathered from patient-doctor interactions and patient responses.
days to go:
Expired
investment:
£522,689
