The Fitfck application (parented by The Social Station Media Group) is a fitness dating app designed to connect like-minded fitness enthusiasts within a socially isolating lifestyle. The app is based on the founders' experience and has been described as 'The UK's fastest-growing fitness social app' by Google, London. The company witnessed 100,000 sign-ups in its first year at a cost per install of £0.30 (Industry average £1.20), has working relationships with Google, Facebook and YouTube, and is available to interested franchisees in 30+ countries. The application has 60,000+ followers across social media handles such as Instagram, Facebook, and Twitter. It has been featured in publications such as Daily Mail, Metro, and London Loves Business. It will use the investment to pay salaries to its staff, increase marketing initiatives, manage server costs, and other expenses.
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Savortex is a British IoT (Internet of Things) hand-hygiene technology company. It has designed a patent-pending, non-touch, smart hand sanitizer dispenser. Savortex argues that the worldwide market for 'Hand Sanitizers' is forecast to grow to $36.6 billion by 2026 in the wake of COVID-19. The company aims to become a segment leader in this sector. Savortex claims that IoT enabled hand dryers and sanitizers can identify individuals who use the aforementioned devices and those that did not. Building managers can use this data to ensure the highest level of hygienic discipline. Savortex points out that its IoT devices can also provide real-time data on the number of times a hand dryer or sanitizer is being used in other locations. This allows a range of clients, including supermarkets, hotels, restaurants, and shopping centres, to assess how hygienic their customer base is and take measures accordingly. Savortex will use the £1,075,000 of growth capital to develop its sales channels, continue product development, and access new markets globally.
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JiveBird allows users to create and send a greetings package that consists of a personal voice message, music, eCard, a photo or selfie, and a gift to their loved ones or acquaintances. The company asserts that its package can be sent at the last minute or in advance. Jivebird claims that for the millions of people who send greetings and gifts every year, its portal provides a personal, cheaper, and convenient way to send greetings. Jivebird argues that it has no direct competitors. Its exit strategy is to sell the company when it achieves the growth metrics in the business plan, projected to be within five years of consumer launch.
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Supper aims to be a unique delivery service focusing on quality and service for high-end restaurants. It argues that its commercial metrics and lack of reliance on 'Gig-Economy' workers sets it apart from competitors. The company intends to become a contender in the food delivery market that grew by 35% in 2020 and by almost 150% over the last 5 years. It has partnered with 130 notable establishments such as Zuma, Park Chinois, Milos, and Cova, to name a few. Supper has 61,000 customers on its portal that is further growing by 1,500 new customers every month. The company delivers 1,000 orders each week and has fulfilled 100,000 orders to date with the average order costing £100. It delivers orders via its purpose-built, gyroscopically-stable, and temperature-controlled vehicles. Supper will use the investment to focus on its growth in London and expand globally.
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Maven Leisure Limited, or Maven, is being established by the current owners and senior management of ETM Group Limited, which operates 13 premium bars, pubs and restaurants in Central London including, rooftop bar Aviary, The Botanist Sloane Square, premium sports bars Greenwood, Westwood and Redwood and its brew and sports pub, Long Arm Pub and Brewery. Maven's founders aim to take advantage of favourable market conditions and raise third-party capital to fund anticipated growth over the next three to five years. ETM asserts that it has grown from a single site to a business turning over c.£35 million and generating c.£3.2 million EBITDA with no external equity funding since its formation in 2013. It aspires to take Maven towards profitability. Maven cites data stating that sector experts predict a rapid return to previous levels of business in the hospitality sector once the Covid-19 lockdown is relaxed. It aims to capitalise on this sentiment and use the investment to grow its profitability across different verticals.
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Arkivum Limited is a cloud-based Software as a Service (SaaS) that provides specialist digital archiving and preservation services to customers in highly regulated industries, such as pharmaceuticals. Arkivum asserts that its software ensures that the digital content of its customers is safeguarded, usable, and auditable for decades into the future. Arkivum argues that its focus area is archiving clinical trial data for pharmaceutical companies, centring around Electronic Trial Master File (eTMF) that contain tens of thousands of different types of documents and overseen closely by drug sponsors. The company further claims that its services triumph over those offered by Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure. Arkivum points out that its services have led to the company earning £1.4 million as Annual Recurring Revenue (ARR) as of March 2021. Arkivum is seeking to raise up to £1.075 million of equity to grow its business across different verticals.
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Soho Street Cocktails (SSC) uses the finest quality ingredients, including real fruits with no artificial flavours or colours to produce high-quality pre-mixed cocktails. SSC argues that bars and restaurants make high margins from the sale of cocktails but the serving time of several minutes per cocktail causes either a backlog of bar orders or requires additional staff. The company asserts that its drinks, in contrast, are poured directly into a cocktail shaker with ice, shaken for 8-10 seconds, then served to the customer. SSC stresses that it has found success in bars and restaurants. SSC's current range consists of three ready-mixed cocktails, namely Espresso martini, Pornstar martini, and Raspberry Daiquiri, with more flavours in the pipeline. It has submitted its product for sampling and testing with major retailers, including Waitrose, Sainsbury, Tesco and Costco. SSC states it will use the investment for additional production runs to ensure sufficient stock to cater to larger orders from distributors and festivals.
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Boom is a pioneering force in the business telecom sector, introducing a cutting-edge Unified Communications cloud-based IaaS infrastructure that combines Unified Communications, software integration, and advanced analytics to cater to businesses of all sizes. Through their white label approach, Boom offers an innovative Insight as a Service (IaaS) solution, allowing resellers to gain unparalleled insights across their clients' services. Led by a skilled team, Boom sets itself apart by merging three cloud services, including Unified Communications, software integration, and advanced analytics, enabling businesses to enhance customer interactions and experiences.
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Shot Scope Technologies is a renowned golf technology brand offering GPS watches, laser rangefinders, and software tools to enhance players' performance and identify areas for enhancement. With over 50 golf industry awards, their products are authorized by prestigious golf associations for use in all competitions. Utilizing data-driven strategies and user-friendly technology, Shot Scope has shown significant user improvement, achieving a 20% market share in the UK within three years and growing its user base to over 150,000. With a successful track record, the company aims to expand its sales globally and capitalize on its growing proprietary customer database.
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Growthdeck is seeking up to £1 million in funding to capitalize on a positive economic environment and a promising pipeline of opportunities. Despite challenging economic conditions in recent years, the company has outperformed the industry by achieving year-on-year growth in equity fundraising and improving deal flow and quality. With enhanced efficiency and reduced costs, Growthdeck is well-positioned to resume its rapid growth trajectory. Investor interest has rebounded, and the company's increased understanding of investor preferences allows them to identify more suitable deals. Having obtained FCA authorization as a Fund Manager, Growthdeck plans to launch Funds in 2023. The company's objective is to build a business worth over £50 million by 2027, catering to high and ultra-high net worth investors by arranging investments in private companies, backed by a loyal member base.
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