what3words is a company whose mission is to make finding and sharing exact locations a simplified task. It has divided the world into 3m squares and given each square a unique combination of three words. what3words is backed by organisations such as Mercedes-Benz, Intel Capital and Sony Innovation Fund. The company's app provides a precise location to drones, driverless cars and voice-controlled devices, in turn, boosting businesses. Emergency services and NGOs are also using what3words for critical services and saving lives. Till date, the company has received over £50 million of funding and was the 'App of the Day' in 143 countries. The company will use the investment to become a global standard for communicating location.
days to go:
Expired
investment:
£7,155,716
RightIndem is a white-label insurance software platform designed to deliver fast claims to claimants on its portal. The company develops and sells its own proprietary cloud-based digital claim process management software ‘as a service’ to the global insurance market. Insurtech is a vast market and attracts large amounts of investment, with $4.36 billion invested in the first three quarters of 2019. Till date, it has contracted clients such as Axa XL, Archipelago, NN Belgium, NN Netherlands, and Mapfre, with engagements at various levels of implementation and progress in the UK, Italy, Peru, US, and South Africa. They have also earned regard for automating claims processes form some of the world’s largest insurance organizations allowing for the settlement of low to mid-value claims within hours instead of days or months. With the proceeds, the company will connect operating expenses to the point where client revenues from claim volumes match operating costs.
days to go:
Expired
investment:
£200,001
Accunea is the world’s first real-time continuous organ function monitoring company, specializing in biomarkers for kidney transplantation. Targeting NHS hospitals in the UK undertaking renal transplantation, the company aims to provide relief to patients awaiting organ transplants by ensuring availability of more organs for transplant and reducing the numbers of deaths due to increasing waiting list times. For this purpose, the company has designed a miniature analysis device which constantly monitors markers of kidney function and metabolism through a standard dribble line put into the vein of a patient. Accunea is raising £400,000 at a pre-money valuation of £2,230,000. The funds will be used to achieve clinical utility in Kidney and Pancreas.
days to go:
Expired
investment:
£388,038
Chatraise is social fundraising application that combines JustGiving & Meetup. It is reported by the Telegraph as "changing the face of fundraising". The team of Chatraise had previously built applications for Shell, LEGO, & JLR. The company has trademarked as well as coined the term, 'Lifestyle Fundraising®'. In 2018, the company soft-launched it’s MVP for testing and, now it is ready for a hard launch in Switzerland and the UK. Chatraise aims to empower people to live an impactful lifestyle by making fundraising, an easy, social and fun experience that is compatible with their daily activities & hobbies. With the proceeds, the company will enhance its products and introduce referrals for the growth of its two channels.
days to go:
Expired
investment:
£32,050
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days to go:
Expired
investment:
£78,163
Intoware provide wearable, mobile and desktop technology to SME's and SAS clients. Intoware digitise the deskless workspace and therefore remove the need for paper checklists. Once a checklist is complete, Intoware is able to share the completed list with anyone it may concern.
days to go:
Expired
investment:
£700,000
Zap and Go have created ultra fast technology for cordless and hand held devices by using Carbon-Ion technology which result in ultra-fast charging, taking 5 minutes or less. The technology is part derived from Oxford University and in part developed independently by Zap&Go's own scientists.
days to go:
Expired
investment:
£1,353,551
Notes is a well-established coffee shop and wine bar concept with nine locations in central London. They pride themselves in being able to source and roast at their own roastery in Canning Town which provides over 1.4m cups of coffee a year. By serving high volumes of their single-origin speciality coffee, Notes have doubled their revenue to almost £5m by just opening shops in four locations since 2015.
days to go:
Expired
investment:
£1,194,330
Teneno provides flexible and secure networking-on-demand solutions to the SME market. The subscription based model delivers the core network functionality of traditional providers at a fraction of the price.
days to go:
Expired
investment:
£163,482
RoosterMoney is a pocket money application & debit card that aims to transform the way kids learn about money around the globe. It has more than 200,000 monthly active users. The company launched a Visa prepaid debit card in the UK, in July 2019, with over 16,000 card users. RoosterMoney has featured in publications like the Guardian, The Times, and the BBC. Its 'Pocket Money Index' has been quoted on CNBC, The Wall Street Journal (USA), and the Sydney Herald (Australia). The company will use 30% of the investment in marketing, 40% in team and product development, and 30% in upgrading its technology and payment infrastructure.
days to go:
Expired
investment:
£2,263,290
