IO-CO is an ideation company engaged in reducing the risk of launching consumer products. With its unique designing and prototyping methods, it allows market validation at a very early stage in the development cycle. Within a short span of 7 months, IO-CO is ready to commercialise 4 new products and is on the brink of forming an alliance with a sizable financial and technical partner.
days to go:
Expired
investment:
£430,005
A fully integrated, end to end platform that enables real time situation and work force management, for the private security industry. It ensures regulatory compliance and real time reporting for security operatives. FalconDHQ is addressing a gap in the market to modernise the current paper based process.
days to go:
Expired
investment:
£415,000
TheFoodMarket.com is a ‘for good’ platform connecting SMEs who produce or sell high quality food with discerning consumers. They champion ethical businesses, supply chains and natural ingredients. Launched in 2016, they’ve seen triple digit annual growth in sales and have grown their merchant community by over 100 businesses in the past 12 months. Their investors to date include the founders of hugely successful business such as MoneySupermarket.com, feelunique.com, Play.com and TalDepot.com (a major online US grocer). They are now scaling up the business with this investment round and have commitments from existing investors.
days to go:
Expired
investment:
£408,999
AAZZUR is a fintechs company founded on a strong desire to make banking intelligent, individual and interconnected. It is reinventing the way banks are built, and its data can be used to increase monetization, satisfaction and retention. This company was founded 18 months ago, but in the last month, it was contacted by fintechs, banks and one insurance company to help them with their problems. AAZZUR provides tools for common functions for the banking space. Its entrepreneurial team has a depth of experience, and the company has been to one of the world-leading accelerators, techstars. Now, it is looking to work together with banks, and its team has developed a neo-bank offering in record time that they are going to be soft-launched soon.
days to go:
Expired
investment:
£400,991
Helping insurance companies tackle fraudulent claims by using a combination of blockchain and artificial intelligence. BlockClaim aims to reduce the time spent by car insurers processing false claims, by performing data calculations on a driver and their driving behaviour. This information is fed into the BlockClaim system, which produces a fraud probability risk score.
BlockClaim's technology has been piloted by large insurance firms such as Admiral and Generali. The company's tool consists of a plug-and-play module that is integrated into existing systems used by insurance firms. Revenue is generated via a fixed fee per claim processed via BlockClaim’s product, as well as an initial set-up fee.
days to go:
Expired
investment:
£400,011
Lighting Design, Luminaire Development and UK Manufacture. Our core products are street/ industrial lighting. LED lighting is the future and ALed's will continue to design and develop ground breaking products that challenge. Our design technology means we provide highly efficient lighting solutions that maintain a quality of light far longer than our competition. A £1.5 Billion spend on street lighting upgrades (UK) planned by 2020 provides the market for our continued growth.
days to go:
Expired
investment:
£393,256
Lifetise generates proprietary consumer data via its portal to boost the Artificial Intelligence (AI) based decision-making process within banks and insurers and increase their product sales. Lifetise asserts that its portal helps financial institutions acquire and fulfil the needs of high-value customers at a lower cost to the organisation. It is in negotiations with three retail banks and is an Accenture Fintech Lab alumni. The company was named as one of the most influential financial technology entities of 2020 by The Financial Technologist magazine and selected for the Mayor of London's 'Business Growth Programme' under the 'Most high potential startups' category in 2021. Lifetise will use 58% of the investment in product development and engineering to scale its technology platform, 31% on sales and marketing, and 11% on operations.
days to go:
Expired
investment:
£369,407
ARROE Limited is planning on creating an ecosystem of software and hardware products to eliminate the charging problem. The company has made the first universal laptop charging solution by joining software and hardware. Since 2016, the business and products of the company have evolved enormously, but the key focus of the company is to free people from the wall socket. It will sell their products through three channels: B2C (Website), B2B and B2C (Brand partners). The ARROE application will become the virtual assistant for power management.
days to go:
Expired
investment:
£360,000
An e-commerce platform that facilities merchants selling their products to consumers. TheFoodMarket.com primarily cater for high-moral businesses using only natural and organic ingredients within ethical supply chains. Customers place and pay for orders via the website and the merchants will directly deliver the order to the customer. A wide range of food is sold on the platform, such as healthy and gourmet varieties which are available from a farmer's market, a food hall, or a deli.
TheFoodMarket.com's main source of revenue is from commissions on customer orders, which is charged to the merchants utilising the platform. In the last 12 months, more than 100 businesses have signed-up on TheFoodMarket.com to become merchants. Current investors include founders of major businesses such as Play.com, MoneySupermarket.com and feelunique.com. New revenue streams are currently being developed which include advertising and introducing a partnership service in 2019.
days to go:
Expired
investment:
£353,999
Untied is a groundbreaking app that gathers information, claims costs and allowances, and prepares tax filings on the go. All of these can be sent to the tax authority from the application. The app connects across existing accounts, making tax sense of transactions and gives the assurance someone needs. Backed by Accenture's Fintech Innovation Lab and Barclays Techstars, the company became the first overseas winner of Israel's biggest fintech prize at Fintech Junction. The business will earn a turn over of £100m in ten years making it ready for an IPO. With the proceeds, it will create new software platforms, publishers, banks, and accounting firms.
days to go:
Expired
investment:
£350,000
