Chip is one of the fastest-growing Fintech companies in the UK. Chip has built an app that uses the user's banking app to make personalised decisions about their money. Its user base has doubled since its previous fundraising in 2018. The company has 153,000 accounts, and it has processed more than £130m of savings. ChipX is the company's revolutionary returns platform and it has a waiting list of more than 50,000 people. The company is a winner of the British Bank Award, 2 Crowdcube awards, and 1 World Banking Award. It has welcomed many management executives from Funding Circle, Monzo, and Purple Bricks. Chip is now scaling with market-leading returns on ChipX. It aims to build the biggest savings account in the world. With the proceeds, the company will double its team and expand ChipX in the €10 trillion European savings market.
days to go:
Expired
investment:
£3,768,260
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
Chip is a wealth investing & savings app that aims to foster financial prosperity for today's generation
days to go:
Expired
investment:
£5,083,686
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
QFinds is a purpose-built hiring tool that enables employers to easily and efficiently pre-screen candidates, conduct interviews and generate employment contracts. The company asserts that it is a UK government vetted 'Kickstart Scheme' representative and can get small businesses grants to hire interns having already processed over 100 job applications. QFinds claims that its app has been downloaded 2 million+ times garnering 24,000 reviews averaging 4.8/5 stars. QFinds also points out that bad hirings cost the UK up to £6.7 billion in turnover, productivity, and training. It seeks to change this and disrupt the £39 billion recruitment market. The company has partnered with notable entities like University College London, Kings College London and Brunel University London, intending to use them as strategic partners to increase job seekers signing up to and using its app. QFinds will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£222,866
Dealdio is a mobile application designed for local retailers to increase customer loyalty and promote offers through DD loyalty points. It provides a platform for millions of small businesses to promote and offer genuine deals to customers. Dealdio has integrated local shops such as Tesco, Asda, Sainsbury's, and many more. Since its pilot program's launch, over 1000 businesses listings have joined with a user base of over 2500. In February, the company had secured a seed funding of £100,000. Dealdio is building relationships with retailers all over London, and its revenue is growing 20% month over month. With the funds raised, the company will extend its range by increasing sales team and running numerous marketing campaigns. Dealdio is also aiming to change its traditional methods of promotion.
days to go:
Expired
investment:
£34,910
Ace+Freak is a Ready To Drink (RTD) cocktail for Millennials and future generation Z consumers. Its mission is to disrupt the £630 million UK RTD market, offering an impeccable tasting product. The company asserts that it uses only natural and vegan-friendly ingredients in its products. It points out that it has put 125,000 cans in hands to date and has 8,500 followers on Instagram. The company has more than 125 strategic business to business customers and a nationwide UK distribution. Ace+Freak was voted 'Best cocktail RTD' at the International Canned Challenge competition. The company has seeded the brand within culturally relevant events to its millennial customers including Adidas, Beats by Dre, Max Factor and Saatchi Gallery. It will use 35% of the investment for operational excellence, 45% for marketing, and 25% to hire personnel.
days to go:
Expired
investment:
£176,410
Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
days to go:
Expired
investment:
£307,707
Polysolar specialises in manufacturing photovoltaic windows capable of generating electricity, which can be used in buildings to generate clean renewable energy whilst also meeting planning regulations. Its technology is already in-use by major organisations such as Network Rail and Sainsbury's.
days to go:
Expired
investment:
£1,311,180
'Time is money' - for e-commerce businesses that statement couldn’t be truer. From the moment a potential customer lands on an e-commerce business’s product webpage the clock begins ticking. The more time that elapses, the more chance there is for distractions to take the customer away from the buying process, perhaps never to return.
Accelerating the decision-making process would, therefore, go a great distance in minimising the potential for disruption and improve chances of the e-tailer making the sale. But how does such a business go about spurring the customer into quicker clicking?
Step in Taggstar Ltd - a unique company leading the way in its respective sector, having developed state-of-the-art software which is provided as a service (SaaS) to help online retailers improve conversion rates and increase overall sales.
The intelligent software overlays persuasive messaging containing product-related information on webpages in real time, impressing on the customer stats such as how many people are viewing the product at that moment in time, how many purchases have been made over a certain period and the quantity of stock remaining.
The software, which uses a patent-pending algorithm, can also display special messages such as product reviews from satisfied customers, or messages derived from trends such as fast selling ‘on fire’ products. The system leverages real-time data to combine messages to best effect so as to create a sense of urgency and/or engagement with the customer to evoke a ‘buy now’ response.
The solution has been designed for all types of e-commerce, including: retail, property, entertainment, travel and finance, and works across all desktop, tablet and mobile devices as a responsive solution. Since it launched, Taggstar has served over 400m messages to some of the largest e-tailers, generating order conversion rate uplift of up to 10%.
Taggstar launched with Shop Direct Group, a £1.74 billion retailer with a roster encompassing Littlewoods, Isme and very.co.uk, in February 2014. Taggstar is now embedded across 100% of site traffic of very.co.uk, serving more than 70m messages each month. Very.co.uk has experienced a 2% uplift in order conversion by using Taggstar Basket Module, one of Taggstar’s flagship products.
Taggstar is also doing a phenomenal job on its current trial with Argos – in just 27 days from the start of the trial, Taggstar’s technology has generated a 2.28% increase in order uplift, resulting in a significant increase in revenues for Argos.
The company is actively demonstrating the power of the solution by providing free trials that are on-going with other retailers including Thomas Cook Online and lastminute.com, which gives some insight into why the company is looking for a minimum of £200,000: to fund working capital while any trials are converted to formalised contracts and any sales are finalised.
Advanced discussions are currently taking place between Taggstar and other leading UK multinationals, including ASOS, Tata Group and BA. There’s also a key to unlock the international market in the pipeline in the form of the company signing a trial with Naspers, a Johannesburg-listed global group of ecommerce and media brands with presence in over 130 countries worldwide.
More recent times have seen the company attract prominent backers to the business including Sir Stuart Rose (former Chairman of M&S); Rob Hersov (Invest Africa), Bentworth Holdings Ltd and Ariadne Capital.
days to go:
Expired
investment:
£464,680
