Using artificial intelligence to accurately match a person's CV with a business's job requirements. Recruitment Smart have developed SniperAI, a tool created by specialists and a researcher from Carnegie Mellon University to quickly search and scan the ideal candidate for a specific job role.
This technology can be integrated into a company's job listings to automatically screen submitted CVs and returns a suitability score. In addition, as HR departments are under constant scrutiny to provide information on equality in the workplace, SniperAI can offer a list of appropriate candidates without bias. Recruitment Smart will generate revenue from initial set-up costs and licensing the product to businesses.
days to go:
Expired
investment:
£272,650
Business Finance Market (BFM) is a financial technology platform that stimulates the market towards Small and Medium Enterprises (SMEs) lending via data in the UK. BFM claims that SMEs are gradually being excluded from mainstream banking. The company cites that in 1988, 40% of all bank lending went to SMEs. BFM points out that lending today is closer to 4% with an estimated £22 billion funding gap to the 5.9 million UK SMEs. BFM asserts that almost 90% of SME loan applications are stuck due to a lack of choice and transparency when it comes to securing finance. BFM aspires to solve this dilemma. It states that its technology allows SMEs to experience quicker finance decisions based on true addressable market access and allows lenders and intermediaries access to its platform to help manage the end-to-end application process, improve deal flow, and deliver faster credit decisions. BFM intends to exit via a trade sale within the financial sector.
days to go:
Expired
investment:
Withheld
Equipsme is a company that aims to democratise health insurance by making it affordable for businesses. The company offers flexible fixed-price packages to employees while giving them the option to upgrade their package to avail more features upon payment. Members can speak to a general physician round the clock, have physiotherapy sessions, avail regular health checks and, if necessary, be quickly referred to a consultant for diagnosis and treatment. Members can access these features through a simple-to-use application. Since February 2018, the company has secured an exclusive 5-year insurance capacity deal with AXA PPP Healthcare and grown its members by 130.5% Year-on-Year (YoY) (to May 2020) with a 95% broker renewal retention rate. The company will use the investment to enhance its user experience and scale its marketing as it announces its partnerships with organisations such as Starling Bank and Simply Business.
days to go:
Expired
investment:
£879,204
Crosspay is a company that aims to make remittance simpler and cheaper. The company built its proprietary system in 2017 to bolster international transfers at a fraction of the money charged by traditional Over-The-Counter (OTC) services. It has since powered over 50,000 transactions across 50 countries with a cumulative value of approx £32,350,000. The company aspires to become the segment leader in the more than $200 billion global remittance market. Crosspay was rated 'Excellent' on Trustpilot. It also created white-labelled apps for charities and churches to host content, broadcast live and receive donations simultaneously, irrespective of location. The company has been invited to partner on an Innovate UK project. It will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£212,581
My Tree has launched a Memorial Park in the UK that enables people to plant a tree with the ashes of their loved one. It is the sole exclusive UK memorial park which offers ashes burial with the planting of a tree. The company is in discussion with DoubleTree Hilton and First Funerals. My Tree has launched its first park five miles outside of Reading and 38 miles from London. The company will use the funds to promote the site, do pre-planting to maximize usage of space and support plans to open more sites by the end of 2020.
days to go:
Expired
investment:
£160,380
Movebubble have created a platform that connects renters with properties. Movebubble is available as a mobile app making it easy to chat and schedule viewings on the go. Their aim is to make it easier and faster to find a home to rent.
days to go:
Expired
investment:
£833,051
An online estate agent with a mission to be honest, reliable and friendly to clients who wish to sell their properties, along with offering money back guarantees. eSale is gaining popularity across England and Wales due to its strong USPs with increased instructions of 247% compared to 2017 and has recently entered the Scottish property market.
days to go:
Expired
investment:
£3,219
Helping insurance companies tackle fraudulent claims by using a combination of blockchain and artificial intelligence. BlockClaim aims to reduce the time spent by car insurers processing false claims, by performing data calculations on a driver and their driving behaviour. This information is fed into the BlockClaim system, which produces a fraud probability risk score.
BlockClaim's technology has been piloted by large insurance firms such as Admiral and Generali. The company's tool consists of a plug-and-play module that is integrated into existing systems used by insurance firms. Revenue is generated via a fixed fee per claim processed via BlockClaim’s product, as well as an initial set-up fee.
days to go:
Expired
investment:
£400,011
Thyngs is a touch-free instant payment platform for businesses and charities. It has around 20 active re-seller partners for new sectors and markets. The company is working with PricewaterhouseCoopers (PwC) as part of its raise programme and actively engaging with several Series A Venture Capitalist (VC) funds intending to raise £4-5 million in late 2021 to scale its business. Thyngs aggregates various payment partners including PayPal, Worldpay, Apple Pay and Google Pay. The company was the cashless donation platform for 210,000 fundraising events for Macmillan's 'World's Biggest Coffee Morning', which raised £27 million in 2019. Many reputed organisations such as Warner Bros, Royal British Legion, Wasabi, National Geographic, and ANZ Bank are working with Thyngs. The company will use the investment to enhance its marketing campaign, bolster its sales team, work on data security and integrations on its platform, and expand the account management team to boost its business.
days to go:
Expired
investment:
£329,591
paus is an on-demand streaming service. It offers specialist, hand-picked independent films to today's streamers who wish to avail a niche streaming service in 2020. The company aims to propel curated independent cinema into the $161 billion global streaming market by replacing conventional subscription and ad-based models with a peer-to-peer digital tipping model. paus is working with globally recognised film institutions to procure curated content. Over 1,900 people have signed up for early access to its iOS app. The company is currently rolling out a beta iOS version in the UK and US. It will use the investment to move into streaming theatre and web-series on its portal.
days to go:
Expired
investment:
£352,724
