trükl is a web-based, integrated and automated parcel delivery booking platform for small businesses. The company argues that on average, 5% of all UK deliveries don’t go as planned, which amounts to over 50 million dissatisfied customer experiences. trükl intends to change this and become a contender in the parcel delivery industry that is expected to double to £21 billion by 2024. The company monitors orders for issues and alerts retailers in real-time to ensure satisfied customers across the supply chain. It has successfully monitored the delivery of 4,500+ shipments since August 2020. The company also processed 330 orders earning revenue worth £1,800 on a single day in December 2020. trükl is a member of SETsquared, an award-winning business incubator. The company will use the investment to develop its integrations further, platform features and acquire and support new retailers.
days to go:
Expired
investment:
£357,477
Glug provides a platform for businesses to let customers order from a digital menu and have them served to the table or pick up from the bar. It points out that its system is designed to be user friendly and easy to set up wherein restaurants or bars can upload and digitalise their menu and can be discoverable within 24 hours. Consumers can discover the restaurant, book a table, place an order, and browse for offers and discounts, amongst other features using the company's community app. Glug asserts that more than 16,000 users have ordered food and drinks through its app in less than four months since the company's launch. It intends to become a contender in the UK dining and pub market that is a £40 billion+ industry. Glug argues that more than 20,000 users have downloaded its app from the App Store and Google Playstore. It will use the investment for marketing, hiring, technology development, attract 1.5 million users and onboard 1,000+ venues over the next 12 months.
days to go:
Expired
investment:
£73,114
Richard Brendon is a prominent British design brand that values master craftspeople by creating a platform for contemporary and timeless tableware collections that challenge the expected. It has received extensive media coverage since 2013 including the FT and NY Times. The company has sold to more than 120 B2B customers in 15 countries. It has seen a growth of 75% since 2015 amounting to £2.5m sales to date and more than 3,000 orders delivered. Richard now plans to take his brand global. It has enjoyed a CAGR of 75% from 2015 to 2019, with revenue of £1.12m in 2019. The company plans on opening up new markets, creating four additional collections over the coming years to develop existing channels and territories.
days to go:
Expired
investment:
£250,350
Switchd's proprietary technology model allows users to select the best energy solutions to power their homes. The company argues that more than 60 suppliers are dealing in solar, heat pumps and batteries in the UK which can be confusing for users to choose from. Switchd aspires to simplify this. Users can enter their energy tariff details on the company's portal. Switchd then uses its smart algorithm to find the user the best deal from over 26,000 tariffs. The company will also switch users every 6-9 months based on future energy deals. Switchd claims its model has saved users an average of over £400 per year on their energy bills. Switchd is backed by angel investors, Inspired Energy, and the Nationwide Building Society, who are promoting Switchd to their 15.5 million members. The company was rated 'Excellent' on Trustpilot in July 2021 and intends to become a contender in the £6 billion UK and £300 billion global green homes solutions market. The company states it will use the investment to accelerate platform development, boost ongoing performance monitoring, grow its user base and lead the market.
days to go:
Expired
investment:
£1,246,010
Petalon is a business that delivers flowers across London and Britain on bicycles. Incorporated in 2016, Petalon was the culmination of two simple ideas delivering flowers to clients and ensuring carbon-neutrality. Petalon's aims to simplify flower delivery by cutting out waste and not compromising on aesthetics or affordability. For every 100 deliveries, Petalon donates 5% of operating profits to bee conservation charities and plants a tree in Britain. They have been praised by renowned publications such as Vogue, Vanity Fair and Stylist. Since incorporation, the company has secured a turnover of £700,000. With the investment, Petalon seeks to develop more brand awareness outside of London, build a dedicated following on social media channels and fund a nationwide marketing campaign to bring beautiful, sustainable floristry to clients across demographics.
days to go:
Expired
investment:
£93,850
Lucy Choi has created an affordable luxury footwear brand that comes with a unique heritage, having learnt her craft from her uncle, the great shoe designer, Jimmy Choo. Lucy Choi London has been featured consistently at London Fashion Week and in the elite fashion press. The brand has been featured in platforms such as The Times, Vanity Fair, Vogue, Grazia, and The Telegraph. It has been worn by A-list celebrities including Hailey Beiber and Sharon Stone. From 2018 to 2019, there has been a 40% increase in the number of shoes sold. Lucy Choi London has also been sold to various UK stockists and wholesaled internationally. Around 5,800 subscribers have subscribed to its website since 2016 (41% CAGR). With the proceeds, the company will refocus on wholesale globally, design a new website, hire new employees, and increase marketing spends.
days to go:
Expired
investment:
£182,770
Bitstocks is a financial technology application built entirely on blockchain. The company intends to bring to customers the benefits of bitcoin in a simple & accessible personal account format. It asserts that 76% of UK adults use online banking. Its product, Gravity, currently offers BSV, BTC, GBP & EUR pairings, with investment accounts for customers to buy, sell & store bitcoin. The company is registered with the Financial Conduct Authority (FCA) and integrated with Faster Payment System & Single Euro Payments Area provider. Bitstocks has 1,800+ registered customers, with 650+ joining through referrals. It will use the investment to scale & develop the next phase of Gravity, bring forth stablecoin to enable tokenised global micropayments, and introduce personal accounts, debit cards, savings & loans.
days to go:
Expired
investment:
£1,105,596
Percayso is a Business-to-Business (B2B) insurance technology entity that aims to become a contender in the £220 billion per year UK insurance industry. The company claims that conventional methods of finding the best insurance premiums has its share of hurdles. Percayso intends to change this. It points out that its portal allows users to find relevant premiums, reduce chances of fraud and increase profit, all in a transparent layout. The company has already signed four clients. It argues that it has a strong pipeline of 25+ opportunities and aims to convert at least 50% of these. It will use 45% of the investment for platform development, 20% for third party integrations, 20% as working capital, 10% for product and international development, and 5% for marketing and networking.
days to go:
Expired
investment:
£437,134
Jack’s Shack is an automotive conversion company that creates and sells bespoke campervans and custom trucks to match the dreams and specifications of its customers. The company earns its revenue by customising a customer's campervan or buying, converting, and selling a van to the next potential customers through retail partners. It is aiming to capitalise on the ‘staycation’ trend, with an estimated 83% of British holidaymakers stating they would prefer to holiday in the UK in 2021. Jack's Shack states it has grown annual revenues to £1.5 million+ in 2020. The company is also planning to introduce new custom designs to boost margins from 2021. It will use the investment to move to a bigger site, grow its team, create space to hold more vans at a given time, and generate faster revenues.
days to go:
Expired
investment:
£155,848
The Active Kollection (TAK) is an online store that sources running and cycling brands from around the world. The company is aiming to build a community of enthusiasts by making gear that will give them the performance, aesthetic and durability they desire. The sports and outdoor fashion market is expected to rise to £10.6 billion in 2022. TAK endeavours to become a major contender in this category. TAK's platform is live with 16 independent brands. The company has 54,000 followers across Twitter, Facebook and Instagram. It requires investment to accelerate its growth and continue its search to become the world’s most stylish running and cycling gear brand.
days to go:
Expired
investment:
£69,432
