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
O-ZONE is building a unique 3D interactive virtual world for social commerce on the web. It aims to provide a new immersive experience where users can search and innovatively purchase products while connecting with each other. It is best experienced in virtual reality (VR) but runs instantly on all devices with a web browser. The potential market is the 171 million VR users worldwide, and the global market expected to grow to 209.2 billion by 2022. O-ZONE's primary revenue streams will come from Dropship direct sales to seed the marketplace, Saas 3D platform as a marketplace, Virtual Goods merchandising and in-app purchase. Also, its secondary revenue streams will come from Development services like B2B, Technology & IP licensing, and Advertisement revenue. The company intends to target the Millenials and gamers who are already in the virtual world by using a high tech approach to gain users. They will utilise most of the funds towards, intellectual property, marketing, and engineering. It will enable O-ZONE to go to market, anchor and solidify the engineering team and talent.
days to go:
Expired
investment:
£1,250
Atom Universe (AU) is an established virtual world, available on PC and consoles that allows players to create their avatars, explore a vast 3D universe, and meet like-minded individuals from all over the world to chat and play with. The company asserts that its game has seen over 2 million downloads with an average of 20,000 unique players registering every month. AU claims that the revenue from in-game purchases added up to over £500,000 since the company's launch in 2016. The company has partnered with Crash Media providing players access to over 100 Kung-fu movies to play in its Kung Fu Theatre, signed up with Valiant Comics to open its comics store, and plans to run an NBA 2K eSports event, with a virtual rap battle lined up. It will use 60% of the investment to develop the mobile version of its game, 30% to grow its team, and 10% for marketing.
days to go:
Expired
investment:
£94,518
SKOOT is a platform that connects friends who need lifts or errands, with friends who can help. The app auto-calculates fares for lifts taken and splits the costs. It also permits users to organise, request and arrange errands or simple favours from friends for free or a £5 tip. SKOOT claims to be the only carbon negative green navigation app for drivers. The company argues that it has also taken up the '1 Million Tree Challenge' and plants a tree for every journey on the platform. SKOOT is live on the Apple App Store and Google Playstore, with more than 18,000 users. It aims to become a contender in the ride-hailing industry that is worth $85.8 billion. SKOOT states it has raised £3.1 million from investors, won £75,000 from Innovate UK, and completed over 1,200 tasks to date using its 'Errands' feature launched during the COVID-19 pandemic. SKOOT states they will use the investment to extend its product, create more revenue streams and increase user activation across the EU, USA, Australia and Canada by early 2022.
days to go:
Expired
investment:
£409,913
SilkFred is a curated online marketplace for over 200 independent fashion brands. It’s a destination for customers seeking to differentiate their wardrobes. SilkFred cuts through the noise of online shopping and provides a central destination for female shoppers to find affordable pieces that their friends won’t have (and will love!). Having cultivated a cult social media status and attracted a growing number of loyal shoppers and brands, SilkFred is now ready to scale its business model rapidly.
www.silkfred.com
days to go:
Expired
investment:
£906,630
The Fertility Circle (TFC) aspires to become the go-to channel for one in six couples that are struggling to conceive. It aims to help them via its app that consists of four core features namely, community guidance, expert help, knowledge sources, and holistic support channels. The company aims to become a contender in the fertility market that is projected to hit $41 billion by 2026. TFC asserts that it is supported by notable entities like Virgin Startup, FemTech Lab, and 'M' accelerators. TFC has featured in media entities like Grazia, Thomson Reuters, and Thrive Global and was included in Apple's ‘Hot Right Now' list being ranked second for 'Fertility Support' in the App Store. The company has witnessed a 40% Month-on-Month (MoM) user growth, over 6,000+ app downloads in 6 months, and a social community presence of 5,000 followers to date. TFC will use the investment to pilot with six leading fertility clinics to offer the application to their patients.
days to go:
Expired
investment:
£391,372
8dates is a dating recommendation engine and marketplace for new couples. The company's app uses machine learning to know what couples want when they first meet and shows them upcoming events by partner affiliates that they can engage in as per their interest. 8dates affiliate partners include OpenTable and Eventbrite. The company has also been granted the Facebook Dating License for advertising. It will use the investment to localise its offerings across key markets in the UK and Europe and grow its affiliate partnership program by adding more events. They will also develop the Android version of its application, acquire patents, copyrights, and IP expansion for its trademarks, app development, and UI/UX updates, and boost marketing and customer acquisition via Facebook, TikTok, Instagram, Spotify, and Pandora.
days to go:
Expired
investment:
£357,242
FETCH states that is a fully developed in-venue food and drinks order and pay solution built by POS8. The app allows customers to view a menu, order food and drink and pay securely, in a matter of seconds from their smartphones. POS8 claims that Fetch's 'Intelligent Ordering System' sends orders to a venue staff’s devices according to who has the fewest orders waiting. FETCH has helped 109 venues go live and processed 26,000 transactions from 87,000 registered users earning a platform flowthrough of £265,000 in March 2021. It has partnered with multiple Point of Sale (PoS) and payment systems including, Zonal, Oracle, Stripe, Square, and Adyen, to create an end-to-end solution, easy for venues to adopt. FETCH aspires to take a healthy share of the £98 billion food and drinks market. It says it will use 60% of the investment towards sales and marketing, 20% towards operations and 20% towards product development.
days to go:
Expired
investment:
£2,011,196
Companies can now engage with their online audience more effectively with the use of artificial intelligence. Inflo AI allows users to combine and collaborate on content in a single view, which is then seamlessly distributed and integrated into websites for ease of access and greater visibility for the end user.
days to go:
Expired
investment:
£380,000
KegTracker is a company that has launched an innovative Internet of Things (IoT) enabled device that turns kegs into smart containers. The device tracks real-time location, volume, temperature and motion for each keg in order to create reports & insights that enable a sustainable supply chain. The company asserts that a lack of transparency in managing kegs has led to annual industry losses of £1.4 billion+ in theft and spoilage, £1 billion+ in poor distribution, and £500 million+ in suboptimal production and lost containers. KegTracker argues that its device can reduce these losses significantly. The company has developed a working prototype, filed a patent and received letters of interest from leading UK breweries, coffee roasters and Wales National Health Service (NHS). In 2019, the company featured in Startups Magazine and were finalists at FutureFood Awards, London & Partners BGP, and Pitch@Palace. It will use the investment to bring its product to more markets.
days to go:
Expired
investment:
£511,428
