Wi-Fi Securities Limited is a cyber security company that aims to revolutionise the security of public access Wi-Fi. To realise this vision, the company is developing a unique patent-protected system called SpriteGuard™ which will protect you and your data from hackers by stopping you connecting to fake hotspots. The system is targeted towards the $550 bn worldwide hospitality industry and has the ability to expand to other large global markets like city-wide free Wi-Fi, airports and coffee shops. Moreover, Wi-Fi Securities Limited has a highly experienced Wi-Fi Securities management board that has a track record of delivering multi-million-pound projects from concept to successful commercial deployment.
days to go:
Extended
investment:
£1,014,708
KegTracker is a company that has launched an innovative Internet of Things (IoT) enabled device that turns kegs into smart containers. The device tracks real-time location, volume, temperature and motion for each keg in order to create reports & insights that enable a sustainable supply chain. The company asserts that a lack of transparency in managing kegs has led to annual industry losses of £1.4 billion+ in theft and spoilage, £1 billion+ in poor distribution, and £500 million+ in suboptimal production and lost containers. KegTracker argues that its device can reduce these losses significantly. The company has developed a working prototype, filed a patent and received letters of interest from leading UK breweries, coffee roasters and Wales National Health Service (NHS). In 2019, the company featured in Startups Magazine and were finalists at FutureFood Awards, London & Partners BGP, and Pitch@Palace. It will use the investment to bring its product to more markets.
days to go:
Expired
investment:
£511,428
Medics2You's is a hybrid telehealth platform that connects patients with healthcare experts around the globe with focus on Africa through a smart device from anywhere, six days a week. The company has a pilot project underway in Nigeria, a nation which spends $500m-1bn annually on outbound healthcare tourism. Medics2You aims to reach out to over 100m people unable to access quality healthcare. Medics2You's partnership with Lantum has given the company access to 18000+ doctors and 3000 clinicians. The funds will be used to create the web portal, expand the team, set up local centres, and enhance marketing activities.
days to go:
Expired
investment:
£156,370
Hypha is an innovation intelligence platform. The company combines ontology mapping and graph processing to connect and leverage knowledge such that it is contextually aligned to an enterprise’s unique structure, systems, processes, and strategic objectives. Hypha deploys features on its platform such as clustering boards, browser extension tools, custom branding, and cloud-based deployment to help organisations achieve growth and profitability. The company has onboarded multiple entities on its integration roadmap, such as Miro, Microsoft Teams, Office 365, GSuite, and Dropbox, to name a few. The company has secured 6 enterprise clients worldwide, with IKEA as one of their illustrious clients. It will use 80% of the investment for product development and 20% for sales and marketing.
days to go:
Expired
investment:
£222,100
MyT is a cloud-powered subscription-based accounting software designed for small businesses that allows them to submit financial information to Her Majesty's Revenue and Customs (HMRC) under the Making Tax Digital initiative, which is mandatory from April 2023. MyT asserts that its app provides businesses with a simple way to keep track of business finances on the go, send and manage invoices and bills, and record expenses and mileage. The company claims that its app is available on App Store and Google Play and has witnessed 1000+ downloads to date. It claims that it has onboarded over 500 users without any extensive marketing spend. MyT will use half of the investment to implement its marketing plan, a third for developing new technology and the remaining for administrative expenses.
days to go:
Expired
investment:
£133,543
Cuckoo is an internet broadband provider. The company claims that incumbent internet providers treat customers with poor customer service, high prices, and complicated contracts. Cuckoo aims to change this by providing users with fair and transparent prices, simple contracts, high-quality routers, and responsive customer service. The company is currently developing its website and billing engine ahead of launching with its first customers in the second quarter of 2020. Cuckoo's business is in the pre-revenue stage. It expects to start generating revenue in May/June 2020 when they launch their broadband service. Cuckoo will use 50% of the investment towards paying salaries to staff, 25% as technology development fees, 10% as professional fees, 5% as rent, and 10% as AOB. Cuckoo's exit strategy is via a trade sale or listing in the United Kingdom.
days to go:
Expired
investment:
£69,622
Gively is an online marketplace where users can give and get secondhand items for free. The secondhand clothing market will double in value to £50 billion annually by 2023, and the company finds itself as a suitable contender in this domain. They aim to lower greenhouse gas emissions and minimise landfill sites through its portal. The company has reached over 5,000 users, 70% of which came from unpaid channels. Gively won an SME (Small and medium enterprises) grant worth £10,000 of television advertising and has received rave reviews from its users through the App Store, social media, and in person. They will use 50% of the investment for marketing purposes, 25% for technology up-gradation, and 25% for hiring human resources.
days to go:
Expired
investment:
£105,207
HairFare is an end-to-end hair and beauty chair rental platform that connects beauty professionals to salons, studios and barbershops across the UK. It asserts that the hair and beauty industry was worth £10 billion in 2018 and is set to increase. HairFare aims to be a contender in this segment. HairFare asserts that it has expanded to five cities within the UK with no marketing budget. The platform has featured in media platforms including The Barber Magazine, Islington Gazette, Startups of London, Business Daily, ITProPortal, ExBulletin, Compsmag, and LinkedIn News, to name a few. It will use 40% of the investment for creating its proprietary app, 40% towards marketing to increase the number of business owners and beauty professionals on the platform, 10% towards setting up its merchandise line, and 10% towards establishing the HairFare Academy.
days to go:
Expired
investment:
£57,736
URocked is a service platform that allows users to tip any worker in any industry, anywhere via its app. The latter will receive cashless gratuities into their account. URocked asserts that a tip can be sent via its app in 10 seconds with 100% reaching its intended recipient, at no cost to them. It aims to become a contender in the est. £5.2 billion tipping industry in the UK. URocked points out that its app allows business and venue owners to use one account as their ethical cashless tipping system, eliminate the costs and administration of distributing tips, and create a transparent audit trail. The company will send 20 pence for every transaction done on its portal to 'The Trussell Trust' to help end world hunger. It will use the investment to transform the tipping industry whilst aiding in the fight to end world hunger.
days to go:
Expired
investment:
£117,602
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
