Lenderwize provides working capital to telecom wholesalers. It asserts that large telecom operators pay on sixty days whilst suppliers are paid on seven days; hence the middleman suffers an average -53 day Cash Flow Gap (CGP). Lenderwize also argues that banks do not understand the telecom industry because a phone call is not a tangible asset such as real estate; hence they provide little help. Lenderwize solves this problem. It has developed a financial technology platform that certifies 'Proof of Service' that includes real phone calls, real invoices and the quality of delivered services. Its typical clients are mid-sized operators having annual revenue of 50-300 million USD. Lenderwize sells to large Tier 1 Operators (Originators) and buys from smaller (Terminating) Operators. It has identified 1350 wholesalers in need of $96 million. Lenderwize intends to exit within four years and sell its business to potential buyers such as large telecom operators, alternative finance funders, and banks seeking innovation.
days to go:
Expired
investment:
£1,310,640
Kaleao has created simple, agile and flexible hardware and software systems which provide 10x more performance per unit of space and consumes 4x less energy. They maintain all promises of the hyperconvergence through the convergence of compute, storage and networking hardware whilst teamed with a full-featured and flexible software platform.
days to go:
Expired
investment:
£2,050,000
JDrew Creations is a dynamic, innovative team of software developers, designers and business professionals whose focus is on delivering flexible, intuitive web systems. This team is the creator of Ambix®, the intranet for membership organisations, helping private communities to network and collaborate securely online.
days to go:
Expired
investment:
£4,522
idio is the leading provider of Content Intelligence: a powerful new way to better understand a customer’s journey and engagement with online content.
www.idioplatform.com
days to go:
Expired
investment:
£1,209,999
Fame Media Tech (FMN) is a Software-as-a-Service (SaaS) technology start-up that aims to transform the visitor, fan, and customer experience through technology-driven data perspectives. FMN asserts that sport and hospitality sectors have suffered from customer and fan isolation during COVID-19. FMN application, n-gage.io, addresses this situation. The company argues that its portal, combined with storytelling and innovation in digital media, can help companies to positively influence user behaviour, enhance engagement, and improve loyalty. FMN claims that companies can judge the above metrics through data diagrams on its portal as well. The company's early-stage proof of concept discussions extend across sport, hospitality, and visitor attractions such as Wembley Park and Bohemians FC. FMN's exit strategy would be via a trade sale to a media or technology business.
days to go:
Expired
investment:
£45,700
Seers Group LTD is a Data protection and Cybersecurity leader in the UK. It's a one-stop-shop for all industries related to the new data privacy laws and cybersecurity. In fact, it considers itself the UK's number one GDPR and cybersecurity expert. Seers Group is partnering with several businesses, accountancy firms, membership bodies, and has access to 300k businesses, which include even the early stage business. Furthermore, its user base is growing by 300% MoM. Seers' aim is to build a Business Development and Support staff to end partnership deals and give expert advice wherever needed.
days to go:
Expired
investment:
£255,001
Cuckoo is an internet broadband provider. The company claims that incumbent internet providers treat customers with poor customer service, high prices, and complicated contracts. Cuckoo aims to change this by providing users with fair and transparent prices, simple contracts, high-quality routers, and responsive customer service. The company is currently developing its website and billing engine ahead of launching with its first customers in the second quarter of 2020. Cuckoo's business is in the pre-revenue stage. It expects to start generating revenue in May/June 2020 when they launch their broadband service. Cuckoo will use 50% of the investment towards paying salaries to staff, 25% as technology development fees, 10% as professional fees, 5% as rent, and 10% as AOB. Cuckoo's exit strategy is via a trade sale or listing in the United Kingdom.
days to go:
Expired
investment:
£69,622
Drone Ag makes farming more productive with limited environmental impact through a new and practical approach to AI technology and drone automation. In the past three years, it has provided hardware and market-leading training to its clients such as Syngenta, Yara, agronomy firms and farmers. Additionally, Drone Ag has also worked closely with institutions such as Harper Adams University. Its training courses are LANTRA certified and BASIS registered. This company has already launched a trial application with which over 200 farmers are working, and agronomists have signed up to test it. Once launched, the commercial version will operate as SaaS and run two subscription tiers, for farmers and crop consultants. With the proceeds, it is aiming to develop full AI integration and live mapping that exports to farm machinery, permitting targeted applications only where needed.
days to go:
Expired
investment:
£298,770
I-Spy Digital Limited is a technology business that has developed digital media software and hardware providing messaging communications solutions. Their primary focus is in the healthcare and homecare sector. They have carried out intensive research and development to develop their core product; Care Messenger.
days to go:
Expired
investment:
£222,000
Brightpearl is designed to help small to mid-sized retailers accelerate their growth and profits. Its software-as-a-service (SaaS) platform allows retailers to manage core aspects of their business by combining orders, inventory, customer data, accounting, sales channels and reporting into a single, reliable retail management system.
days to go:
Expired
investment:
£3,345,427
