Hiro is an insurance technology company aiming to be a contender in the $6.9 trillion insurance industry. The company claims that conventional home insurance does nothing until the damage is already done. Hiro aims to change this scenario. It gives users access to smart technology to protect their property and rewards them accordingly by giving discounts on their insurance quote. The company has signed partnerships with 30+ leading device manufacturers towards this objective for example, Honeywell Home, Philips, and Lightwave, to name few. Hiro asserts that its platform, mobile apps, feature sets, and designs have been validated through an intensive insider's programme. Hiro is approved by the Financial Conduct Authority (FCA). The company has featured in publications like Forbes, the Guardian and the Evening Standard. Hiro will use the investment to develop Research and Development (R&D), furnish legal and compliance documents, and boost marketing and operations.
days to go:
Expired
investment:
£2,069,251
POS8 is a company that has developed an app, Fetch, that allows customers to order and pay from their phone. The company feels that 'Fetch' holds prominence against the backdrop of the Covid-19 pandemic. Using the app, customers can view a menu, order food & drink and pay securely, all in a matter of seconds with no need for contact, from the comfort of their smartphones. The app's 'Intelligent Ordering System' sends orders to a venue staff’s own devices according to who has the fewest orders waiting. The company believes that its pay-per-transaction model allows it to dominate the £98 billion restaurants industry. POS8 is also developing a LIDAR (Light Detection and Ranging) & beacon location technology to pin-point guests to an accuracy of 10 cm for faster serving times. The company will use 10% of the investment to complete its location technology, 20% in Point of Sale (POS) integrations, 20% in operations, and 50% in sales and marketing to build customer and user base.
days to go:
Expired
investment:
£438,660
Buildy is an online platform that aims at making construction hiring easy by eliminating the expensive middlemen, thereby, saving time and money for both employers and employees. The platform was shortlisted as the Best Recruitment Innovation at Building Innovation Awards. Buildy has already signed up around 100 tradespeople and 46 employers. The company will streamline the hiring process through automation of job by bidding for jobs, matching algorithms, ratings, online chat, reviews, and providing the skilled workers and tradespeople more control via a better user interface. With the proceeds, the company will seek to fast track the Buildy app and help the company become the top recognised brand in construction staff hiring.
days to go:
Expired
investment:
£17,380
Muse is a smart, data-driven financial management application which aims to make financial empowerment a reality for all business owners. The app generates clear snapshots of a company’s finances showing all bank balances, and gives quick access to innovative invoice financing and other smart tools. Muse is live on the App Store and Google Play. Moreover, it has partnered with Prime 5 Finance Limited for invoice finance facility. The funds raised will be used to expand the business, sales channels and give an e-money account card in three currencies.
days to go:
Expired
investment:
£339,920
Baotree is an innovative B2B SaaS and mobile platform revolutionizing sustainability by empowering indigenous communities in shaping projects. Their accessible tools enhance project effectiveness and create fintech opportunities by rewarding data contributions. Baotree's cutting-edge mobile app and SaaS interface streamline data collection, bridging on-ground actions with data-driven insights. Their long-term vision aims to establish a marketplace where contributions result in tangible benefits for sustainability.
days to go:
Expired
investment:
£408,718
A Wireless Internet Service Provider (WISP) offering speeds from 20Mbps up to 1Gbps in Hard to Reach Areas (HTRAs) of the UK. Wildanet began its digital rollout in Cornwall, covering 4000 rural homes and is now raising funds to expand to the rest of the county, targeting around 12,000 customers over the next 3 years.
Widanet has built its network using The Lizard as a foundation and deployed its services to HTRAs in South Wales, Devon and Dorset. Within 5 months, the company has built an Operations Centre to distribute their network, which is reportedly more cost effective than current methods such as satellite and fibre.
days to go:
Expired
investment:
£897,790
Snoop is an application that aims to save a user's money by using data analytics. Snoop falls under the Financial Conduct Authority's (FCA) regulated Open Banking technology. The company asserts that Snoop can help every household in the UK save at least £1,500 each year. The app lets a user connect his/her bank accounts and credit cards to Snoop to observe all the balances and transactions together from a single portal. Snoop also watches a user's bills and lets the user know if he/she is paying too much or if there’s a price hike. The app also creates a 100% personalised feed of money-saving ideas based on the user's spending patterns. Snoop has grown to over 100,000 downloads and 75,000 customers since early 2020, delivered over 1 million money management tips to customers, and featured in publications like The Guardian, Financial Times, and The Telegraph. It will use 57% of the investment to grow its business, 21% to develop app functionality, and 22% for business operations.
days to go:
Expired
investment:
£8,445,740
Droplet is a mobile payment app that allows people to pay from your phone. The app currently has 30,000 users, over 600 businesses and a 5* rating on the app store.
days to go:
Expired
investment:
£96,740
Verado is a data-driven and scalable proprietary platform that aims to eradicate counterfeits within the watch & jewelry industry. It enables private sellers to sell their luxury watches autonomously online. Verado analyzes thousands of similar items across the internet and gives the fairest price for both buyers and sellers. By adding verification, authentication and financial escrow, Verado is solving a basic problem associated with buying and selling fine jewelry. In a market with zero transparency, Verado is able to provide a community for collectors, sellers, and buyers. The platform has the security and personality of old school selling with the reach and speed of an online platform. The company has achieved €400,000+ sales and 10,000 cellular listings onto the platform. Verado has been featured in many publications like watchuseek, Forbes, and Buzzfeed. With the proceeds, the company is planning to build awareness and build upon its growing community.
days to go:
Expired
investment:
£37,270
Tred is the UK’s first green debit card that lets users track, reduce and offset their carbon footprint as they spend. The company plants trees with every sustainable purchase the user makes. It aims to become a contender in the challenger financial technology market that is projected to be worth £365 billion by 2027. Tred won the 'Pay360 Award' at the 2021 Fintech Pitch Live event and has featured in the Evening Standard. It will use the investment to launch the Tred card to the public and develop more features like a personalised carbon coach and green investment options.
days to go:
Expired
investment:
£1,000,004
