Found is an order-ahead-and-pay solution for the pickup-and-go/dine-in market. The company aims to address the pain points of quick-service restaurants and their customers through its app. The app allows contactless ordering and payment at multiple venues via a single sign-in. Found asserts that its app enables restaurants and venues to benefit through enhanced data insights into their operations/customers and experience an increase in their profits. The company claims that the COVID -19 situation further necessitates the need for its app. Found is positioned to enter the £88 billion UK Food & Beverage (F&B) industry in August 2020. It will use the investment for marketing, venue onboarding, user acquisition and operational setup in London.
days to go:
Expired
investment:
£157,055
Ticketpass is a ticketing platform that is set to disrupt the traditional ticketing industry with an ethical approach by donating to charity every time a ticket is sold. This 'Tech for Good' company aims to create a fair platform that uses ticketing to create a positive impact, allowing anyone to enhance their events for better social impact at no extra cost. Ticketpass won the Warwick Startup Venture Cup in 2016. It also launched its iOS and Android check-in apps in 2018. In 2019, the official launch of Ticketpass was featured by National Industry Media and Forbes. The company will allocate 56% of the funds to team/tech development, 17% to new hires, 10% to marketing and the remaining 17% to Office & Operations.
days to go:
Expired
investment:
£282,667
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
Prepaired is a global platform for university students to learn from and teach each other via video calling. Students can post a study request on the portal with the questions they have regarding a subject, and others can offer to explain it via a one-on-one video call. The company asserts that its technology is an ideal platform in the ongoing Covid-19 pandemic allowing students to share notes and chat on classroom syllabi. Prepaired has tied up with GlobalExam, an e-learning content provider, to further its mission of remote teaching. It will use 67% of the investment in product development, 12% in sales and marketing, and 21% as operations cost.
days to go:
Expired
investment:
£115,209
NEXU is a web-based platform that connects people to various businesses via word-to-mouth recommendations to create a dynamic user-driven marketplace for organic advertising and to drive sales. The platform manages and tracks people's shares on social media and referrals on chat platforms. With the aim to disrupt the e-commerce market in sales, NEXU is starting a soft-launch in Bristol and intends to turn everyone into an influencer who can earn commissions. The company's vision is to become the world-leading user-driven e-commerce platform. With the proceeds, the company will expand functionality and improve the user experience.
days to go:
Expired
investment:
£199,900
Service Robotics Ltd is a unique service designed to help older adults live independently in their own homes. This game-changing service offers voice-enabled face-to-face human support through an adorable intelligent Genie robot. The company's roadmap includes IT integration to turn the home into a cocoon of wellness, health, and companionship. The company has been actively piloting the GenieConnect® platform solution since 2018. Service Robotics Ltd won its first contract in November 2019 from the NHS/SBRI programme. GenieConnect® has agreed on pilot projects with 3 care and retirement organisations, applied for an Innovate UK grant in March.
days to go:
Expired
investment:
£569,430
Boom offers a wide-ranging voice over internet (VoIP) telephone software service targeted towards small and large companies. The company's highly experienced board comes with 270+ years of experience in the IT and Telecom sector. Boom enables a company to execute all of its telephony activity via a highly scalable, cloud-based service with more features. With the proceeds, the company aims at becoming a major software telecoms business. Its exit plan is to sell within five years as a software company, not as a telecoms business, with high growth recurring revenues to do an ideal valuation.
days to go:
Expired
investment:
Withheld
Debtech is a legal intelligence platform that aims to become a global automation portal for every type of finance agreement - from simple mortgages to billion-dollar corporate loans. Debtech has a two-tiered format for its business. Its Tier 1 'Platform' connects finance stakeholders - from lenders and lawyers to CFOs and borrowers - on one single platform so that everyone is in one place for the lifecycle of the agreement. Its Tier 2 'Marketplace' is an 'App Store' of simple, plug-and-play apps where one app automates one manual workflow. The company asserts that the global legal intelligence market would touch £29.5 billion by value in 2026. Debtech cites that its portal allows finance organisations to achieve time savings of over 90% and cost savings of up to 50x compared to conventional offline platforms. The company seeks to raise £150,000 (SEIS) of equity funding to upgrade the platform's infrastructure for Most Valuable Product (MVP) Version 1 within 90-days to create MVP V2, onboard its six early corporate customers for paid trials on MVP v2, and build five core apps.
days to go:
Expired
investment:
£159,512
Coinrule is a smart assistant designed for millennials looking to automate their investments in cryptocurrencies, financial assets and build trading strategies without having to program a single line of code. The platform empowers regular traders and investors to compete with professional algorithmic traders and hedge funds. Users can pick 'building blocks' via a simple interface to create trading strategies which also get backtested on historical data. The company aims to make trading an accessible option for all. They have received awards such as MKB Fintech Lab - Cohort 2018, Pioneer 500, and Alpha Startup at Web Summit 2018. Their exit strategy would be a sale to a larger player either in the crypto space (i.e. Binance/Coinbase) or in the traditional brokerage space (i.e. IG Index, Fidelity).
days to go:
Expired
investment:
£160,000
Upside is a financial technology entity that allows its users to earn cashbacks on current purchases so that they can save on their next purchase. The app uses an open-banking-marketing-platform that enables customers to automatically start saving by harvesting upside from their everyday spending and allows retailers to sell more inventory. Upside claims that 11.5 million people in the UK have less than £100 in savings. It aims to solve this problem and become a contender in the cashback segment. Since its incorporation in January 2020, Upside has raised £540,000+ from founders and SEIS Angel Investors. It has also signed-up 700+ consumers as private alpha testers to smoothen the app. The company will use the investment to onboard more retail partners, build out a self-serve retailer platform, build out Upside-as-a-Service Application Programming Interface (API) gateway, and prepare for Seed funding in Q1 of 2021.
days to go:
Expired
investment:
£351,047
