Ayoa by OpenGenius is an intelligent digital workspace for remote teams to manage meetings, build plans and action tasks. Launched in June 2019, Ayoa already has over 12,000 paying users and c. 300,000 users who have signed up for the free product. Ayoa is used by many people at reputable organisations such as the BBC, Ernst & Young, and Cambridge University. It has an average customer rating of 4.5 stars from 1,000+ reviews across the Apple App Store, Google Play and Capterra. Moreover, the company's CEO, Chris Griffiths, has been featured in several publications such as the BBC, The Times, Forbes, GQ, and The Telegraph as an expert on topics such as creativity and productivity. With the funds received, the company will further develop its product by releasing newer features such as Smart Meetings, and Intelligent Digital Workspace, smoothening powerful integrations and integrating AI tools into the application.
days to go:
Expired
investment:
£1,143,029
Effie is a machine designed to automatically iron your clothes at home. The prototype of the machine was created to automatically iron the shirt regardless of its size, colour, or cut. This technology is patent-pending that underpins this process. There are over 350,000 registrations from customers who are willing to buy the product. The product has been covered by many reputed media platforms like Evening Standard, House Beautiful, UNILAD and many more. With the investment proceeds, the company will take its patent-pending technology and further develop it into a fully-completed prototype which is fully user-tested.
days to go:
Expired
investment:
£1,021,600
Uhive is a cryptocurrency-powered social network that aims to foster peer-to-peer (P2P) transactions, interest-based advertising, and the sale of in-app digital assets to maintain user privacy on its portal. The company argues that current social networks flood users' feeds with hidden agendas auctioning off their data to the highest bidder. Uhive intends to change this. It asserts that its content-discovery model allows users to choose and fine-tune the content they see by selecting 26 different interests. Content creators can use Uhive's paywall feature to earn, rewarding quality posts with cryptocurrency payments. The company's app consists of an advanced AI and recommendation engine, crypto wallet, and media streaming, to name a few. Uhive has onboarded 182,000 users and witnessed 5 million posts created by users on its platform. It will use 23% of the investment for operations, 55% for product development, 21% for marketing, and 1% for legal costs.
days to go:
Expired
investment:
£815,530
CrowdToLive is a Financial Conduct Authority (FCA) regulated financial technology company that seeks to revolutionise residential property financing and investment. It claims that 4 out of 10 young homeowners in the UK have had their mortgage applications rejected. CrowdToLive intends to change this by facilitating a circular flow of finance between buy to let investors and the homebuyers. It argues that its platform allows buyers to own their homes without incurring debt and lets investors reap the rewards of the housing market without the hassle of tenant management. The company claims it has built a community of over 7,000 users, submitted over 2,600 properties for a value of circa GBP 600 million, and is a part of accelerator programmes such as Virgin Start-Up Accelerator Programme and Barclays Eagle Lab Accelerator Programme. CrowdToLive intends to use 10% of the investment to support international expansion, 15% towards business development, 40% towards hiring key personnel, 25% towards upgrading its IT infrastructure, and 10% towards marketing.
days to go:
Expired
investment:
£339,744
Logically uses advanced Artificial Intelligence (AI) to help governments, businesses and people uncover and address harmful misinformation. Its flagship consumer-facing product is an intelligent fact-checking and news curation app that combines the best of machine learning with human intelligence. The company's app has witnessed over 100,000+ downloads and completed over 10,000 fact checks. Logically's investigation has covered topics such as 2020 US Elections, regional Maharashtra Elections, and QAnon Central Hub Hosting Phishing Scams to name a few. It has featured in press entities like Forbes, Bloomberg, The Economic Times, and BBC amongst others. The company will use 28% of the investment towards sales and business/partner development, 25% towards technology and data science, 20% towards platform investments and additional data sources, 20% towards marketing and sales enablement, and 7% towards administrative expenses.
days to go:
Expired
investment:
£2,110,694
MiiCARE is a company that provides AI-based in-home companionship & health support for the elderly. miiCARE provides an 18-month product validation process with the NHS and the elderly. Its innovation miiCUBE is a cloud-based assistive technology solution that can detect an emergency and inform a designated responder. miiCARE already has 250 prospective clients who have already expressed interest to purchase the product. The company was accepted for the 'Microsoft for Startups' program in 2019 and Microsoft's 'AI for Good' acceleration cohort in 2020. The company will utilise the investments to create an emergency stock to support future orders, fulfill orders for clients, strengthen its team, and create a small inventory for orders.
days to go:
Expired
investment:
£354,632
Grid Duck (GD) is an intelligent energy control system. It argues that only 14% of commercial buildings have a Building Management System (BMS) that allows them to switch off appliances when they are not needed automatically. GD is trying to bring the remaining 86% of buildings under its network. It has launched a wireless cloud-based system for companies to manage their energy consumption. Companies can check their energy consumption on an easy-to-use dashboard. GD is also evolving its technology into a self-learning system that supports time-of-use tariffs, demand response and renewables balancing. The company won the 2020 Rushlight Energy Reduction Award, and is ISO27001 certified for cybersecurity with regards to 'Penetration Test'. With the investment received, the company will grow its revenues and invest in New Product Development (NPD).
days to go:
Expired
investment:
£339,771
Doordeck is a software that lets you unlock your office from your phone through integration with the building's existing access control infrastructure. Its software, along with its bespoke 'Tile' reader, makes unlocking doors from one's phone or smartwatch easy — by using the user's phone's internet connection & NFC scanner. Unlocking happens in a fraction of a second and securely using AES256 encryption. This is done by leveraging a building's existing access technology rather than ripping it all out. There are no expensive hardware costs, disruptive installation, and unreliable Bluetooth connections. The platform has been installed in hundreds of schools, offices, airports, and gyms across 10 countries including the UK, Russia, and the USA. It has been used to unlock doors more than 500,000 times. The company was selected as a finalist to showcase its innovation at the Airport Innovation Hub in Dubai. Recently, the company signed a distribution arrangement with Oprema- one of the largest and fastest-growing distributors of access control products in the UK. With the funds, the company will develop its team as well as build out more integrations with other market-leading access control systems.
days to go:
Expired
investment:
£217,221
Vizopay aims to combine financial technology and environmental sustainability in the payments space. Its mission is to become the world's leading carbon offsetting payment platform to help reverse the effects of climate change before it’s too late. The company claims that the total online retail sector is worth $4.1 trillion in sales today. Vizopay argues that if its services were to be used for just 0.1% of these purchases, the company can plant 500 million trees, capturing up to 6 million tonnes of CO2 every year. Vizopay, once fully launched, will allow consumers a checkout option to plant trees at no extra cost and track their impact in real-time and help businesses to increase sales, improve brand loyalty and showcase their ESG efforts through accredited carbon offset programmes. The company is targeting a potential UK market size of 20 million consumers. It will use the investment to launch its Beta product in Q3 of 2021 and grow its business.
days to go:
Expired
investment:
£148,120
STRYVE is a technology platform that aims to become the best Applicant Tracking System (ATS) for Small and Medium Enterprises (SMEs). STRYVE asserts that 98% of Fortune 500 companies use ATS platforms to track, communicate and maintain their hiring process, yet most SMEs do not. It also asserts that 62% of those who do not have ATS would implement one. STRYVE's focus is on serving this section of organisations that have 1-1000 employees. STRYVE claims that its business model will be fully compliant with the General Data Protection Regulation (GDPR) law. The company is working in partnership with recruitment agencies such as Altus Partners and C&C search. It argues that it has a potential lead of 500 companies from day one. STRYVE will use the investment received to hire product managers and programmers, launch its first MVP during Q1 2021, and begin sales in Q2 2021.
days to go:
Expired
investment:
£453,007
