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
Thyngs is a touch-free instant payment platform for businesses and charities. It has around 20 active re-seller partners for new sectors and markets. The company is working with PricewaterhouseCoopers (PwC) as part of its raise programme and actively engaging with several Series A Venture Capitalist (VC) funds intending to raise £4-5 million in late 2021 to scale its business. Thyngs aggregates various payment partners including PayPal, Worldpay, Apple Pay and Google Pay. The company was the cashless donation platform for 210,000 fundraising events for Macmillan's 'World's Biggest Coffee Morning', which raised £27 million in 2019. Many reputed organisations such as Warner Bros, Royal British Legion, Wasabi, National Geographic, and ANZ Bank are working with Thyngs. The company will use the investment to enhance its marketing campaign, bolster its sales team, work on data security and integrations on its platform, and expand the account management team to boost its business.
days to go:
Expired
investment:
£329,591
The Left Shoe Company (LSC) design and create made-to-measure shoes using 3D scanning technology but with traditional craftsmanship. They are currently selling online and from their stores in London, LA and Helsinki. They also have a number of popups in airports and high end golf clubs. LSC want to invest in a smartphone app and website shoe configurator. This is so that anyone, anywhere can order bespoke shoes.
days to go:
Expired
investment:
£19,920
Hawkens Gingerbread is a bakery that makes gingerbread products that are diverse, rich in heritage, delicious, and high in quality. It has spent three years in a start-up phase and now targets a three-year phase of stage one growth. Currently, its facility can bake up to 80,000 units of gingerbread each month. Since 2017, it is consistently producing a 65% average gross profit margin across its B2C and B2B markets. This company has been growing for three years, and in the financial year 2019, its revenue grew 108% to £43k (£25k profit). Its online sales are displaying a strong flow in the upwards direction. Fund raised will enable it to get in front of a much wider audience and bring the necessary skills into the business.
days to go:
Expired
investment:
£67,110
The Brook is a plant-based food business that has been making plant-based eating accessible and enjoyable for a flexitarian, environmentally-conscious generation. The company has raised over £400,000 to date and, has launched an eCommerce platform that allows customers to avail ‘build-a-box’ subscriptions as well as single purchases. The company saw its online orders increasing by nine times during the COVID-19 lockdown. It was shortlisted at the Future Food Awards 2019, Great British Food Awards 2019, and World Food Innovation Awards 2019, to name a few. It has also secured listings with retail partners such as Co-op, Dobbie’s, and Fenwick. The company has appeared in publications like the Independent, Metro and The Times. The Brook will use 40% of the investment to hire staff, 40% to promote marketing, and 20% to accelerate web development.
days to go:
Expired
investment:
£359,830
With new MiFID II regulations introduced in January, Hiddensee provides independent investment research mainly on forensic accounting and corporate governance. Analysts will search for inconsistencies and anomalies in the valuation of UK listed mid-cap and smaller companies and publish their reports to assist investors in deciding whether to buy or sell shares.
days to go:
Expired
investment:
£143,097
The Wine List (WL) gives confidence to wine lovers through a home wine course. The company argues that 20% of the UK's wine drinkers fall into a cohort that is actively engaged, spend at the higher end of the market, and frequently drink from a variety of sources. But less than 20,000 people don't have the requisite knowledge about different wine styles and tastes. WL aims to change this scenario by offering a home wine course to customers where alongside their wine lessons, they also get two bottles of wine to practice their skills on. The company has shipped 20,000+ bottles of wine and witnessed revenues of £298,000 in April-October 2020. WL is also building a digital content platform that will offer best in class video lessons, with learning quizzes to reinforce knowledge. The company has featured in Metro, Evening Standard, and Courier. It will use the investment to increase content production, wine delivery and scale into 2021.
days to go:
Expired
investment:
£505,494
Market Porter is a food-tech platform connecting independant food producers, such as butchers and farm shops, with the consumers. The company are the only food-tech platform which work on a national scale instead of just locally. They source out the best small scale producers with top quality and taste, all delivered straight to your door.
days to go:
Expired
investment:
£885,000
Vestemi is a clean tech company with an environmental and social purpose. It has created, in partnership with EDF Energy, Radbot, a smart heating control product that saves money by reducing energy consumption of up to 30%. Radbot is easy to install, simple to use, and scalable. Moreover, Radbot has been awarded National Energy Efficiency Product of the Year, 2019. With the proceeds, Vestemi focuses on developing Radbot and testing the market to optimise its commercial strategy. It will also generate growth, increase brand awareness, and invest in sales & marketing to drive market sales.
days to go:
Expired
investment:
£421,705
Smartlands is a blockchain-based digital finance and investment ecosystem. It allows asset owners to turn an ownership right to a share of any asset, into a tradable digital token attributing it almost unlimited liquidity. In the UK, Smartlands is the first platform for crowdfunding investments that allows investors to use digital currencies alongside fiat currencies to raise capital. The platform boasts of a 16,000 strong community following with over 11,000 wallets opened since its inception. It has a reputed list of partners including Colliers International, CMS, Archax, UK Sotheby’s, and many more. They have been awarded the 'Best Crowdfunding Platform' at the 2020 FinTech Breakthrough Awards and have been featured in Yahoo Finance, Forbes, Coindesk, Benzinga, and Investors Chronicle to name a few. With the investment, the company will grow its internal engineering team and obtain the necessary licenses to move its business forward across Europe.
days to go:
Expired
investment:
£379,183
