Offering a more affordable fitness class solution through training small groups and providing unparalleled client care with 1-on-1 personal training sessions. Outrivals has grown rapidly since launching 3 years ago near the famous Old Street Roundabout and are raising funds to open 2 new sites, with plans to have a portfolio of 15 branches over the next 5 years. The company has a high retention rate, with a client life cycle averaging one year.
days to go:
Expired
investment:
£88,450
Brother Cycles' bikes are designed in the UK and handcrafted from steel to be ridden all around the world. Their products are sold at independent retailers throughout the UK and Europe, in addition to their own website. Since 2015, Brother Cycles has seen an increase of 119% in turnover and is trading at a net profit with 2018 currently being their strongest sales period.
In the summer of 2018, the company launched their B2B website and within the first week, more than 40 stockists had signed up to trade with the business. Brother in the Wild is Brother Cycle's annual cycling festival, which saw 180 cyclists joining in 2018 and predicted to grow exponentially in the coming years.
Current revenue stream include their wide product range with continually improving profit margins, B2B sales and B2C sales through customers purchasing goods directly from Brother Cycle's website. Funds are being raised to launch two new products in 2019, which consist of a technical adventure bike and a high-end road bike.
days to go:
Expired
investment:
£105,497
WIT Fitness are a sports retailer, founded in 2015 and already operating over multiple sites.They aim to open a unique gym facility in London over the next 6 months and expand their online operations to North America.
days to go:
Expired
investment:
£1,258,970
Emopwering people to improve their musculoskeletal health through exercise. TrackActive is a physical health app that assesses a person's conditions, health and habits and delivers a personalised programme consisting of advice and exercises that adapt as the person progresses. The app is developed using rehabilitative exercise data, clinical algorithms and AI. The app can be used by organisations to view anonymised information on the health of their employees or customers and is distributed via public health, corporate and insurance partners.
TrackActive will be monetised via the aforementioned partners, who will pay an ongoing monthly subscription from £25 per month. This figure may increase depending on the health practitioners using the service. TrackActive's content, such as articles, video and images, can also be licensed to partners. Funds will be allocated towards developing the product further, with the inclusion of an Android version, admin dashboards, evidence-based content and regular updates to the app.
days to go:
Expired
investment:
£253,598
Milbotix, a healthtech start-up, supported by the Alzheimer's Society and the UK Dementia Research Institute, is driven by its innovative product SmartSocks™. This wearable technology aims to assist individuals with dementia facing communication challenges and their caregivers. Globally, the number of people with dementia is increasing significantly, reaching 78 million by 2030 and 139 million by 2050. Half of those diagnosed with dementia encounter challenging behavioral symptoms due to distress. Early distress management not only enhances well-being but also helps prevent escalating behavioral issues. SmartSocks™ utilize sensors and artificial intelligence to notify dementia caregivers about early signs of pain and anxiety in their patients.
days to go:
Expired
investment:
£220,780
Premier Sailing (PS) aims to make sailing experiences a cost-effective venture for people. It offers training, cruises and racing opportunities to its members. The company started teaching navigation as a side business since 2009 before it developed into a profitable Small and Medium Enterprise (SME) running three boats during the season and two over the winter. The company's offering, 'Round Britain' cruise, won the 'Sailing Today Cruise of the Year' award in 2016 and led to PS garnering £142,500 worth of revenue within the first three years. PS will use the investment to promote the brand and increase capacity for the race, cruises and training through the purchasing of more vessels. It also plans to introduce ‘The Capitals Race', a yacht race around the UK, in 2021.
days to go:
Expired
investment:
£111,740
Q Doctor aims at changing the NHS care delivery with the help of video consulting to benefit patients and clinicians. The company is focusing on delivering a model that keeps modernised NHS care free of charge for the patients. The video solution plugs NHS clinicians to the existing NHS infrastructure and allows them to connect to the NHS patients digitally. With the proceeds, Q Doctor will fulfil its strategy for 2020. It will deploy the funds into labour, development, operations, marketing, and contingency funds.
days to go:
Expired
investment:
£1,386,200
Smart Cricket Global is a company aiming to transform the game of cricket by bringing data analytics to cricketer. Its first product, Batsense, is a cognitive device that is empowering players and coaches through the provision of real-time data, covering parameters like back-lift, follow-through angle, bat speed, impact time and rotation at impact etc. The device fits onto the tip of a bat and records all the movements of the bat which is then fed into a data analytics engine allowing for a deeper insight into the game. This device, the company believes, will make the game of cricket more intuitive and entertaining. They will use the investment for manufacturing, further product innovation & marketing.
days to go:
Expired
investment:
£148,195
MysteryVibe creates doctor-recommended sexual health devices. The company combines research and engineering by onboarding leading doctors to design devices that address major sexual health issues such as erectile dysfunction, dryness and pain during intercourse. MysteryVibe has changed over 50,000 lives in 65 countries, witnessed $1 million worth of direct sales in 2020, and became the first sexual health startup to be featured on a BBC documentary. The company has received 20+ international awards including, the coveted Design Week Awards where its product, 'Crescendo', beat the Apple Watch. MysteryVibe has featured in media entities like Men's Health, Women's Health, The Daily Dot, and Forbes, to name a few. The company will use 25% of the investment to expand and scale its digital marketing campaign, 25% to launch two new products, 25% to expand its team, and 25% on building its inventory.
days to go:
Expired
investment:
£498,020
GRNDHOUSE is a fitness company specialising in the strength training vertical. The company hosts live strength training classes with metrics delivered to its community-centric app. The app allows users access to a weekly structure of low- and high-impact classes that focus on each body part to ultimately condition the entire body throughout the week. Users can even post their results on their user feed to champion and inspire each other, win badges and awards for their progress and gather their health data over time to see their improvements. GRNDHOUSE argues that it has acquired 1500 paying members to date via organic marketing on its portal. The company has also earned revenue worth £266,000 since its launch and featured in the Telegraph, Cosmopolitan, Business Insider and others. It states it will use 30% of the investment to develop its film studio and equipment, 45% towards paying salaries of its technology, marketing, sales, and instructor teams, 20% towards marketing, and 5% towards hardware stock.
days to go:
Expired
investment:
£1,453,651
