We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.
Take 2 minutes to learn more.

Technology

debtech

Status: Funded

Oct 21st 2020 - Jan 19th 2021

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.

read more read less

debtech Rating Review

Pitch rating powered by CROWDRATING

Rated on 30/10/2020

Pitch Rated

79%

overall

Management

76%

Product

74%

Investment

87%

Log in to view amount pledged

    Log in to view target

    £1,350,000
    pre-money valuation

    9.96%
    equity available

    17
    investors

    £9,383
    pledge per investor

    12922170
    company number

    Active
    company status

    02/10/2020
    incorporated 4 years

    £1.22
    share price

    Previous Funding rounds
    28 Mar 24 Angels Den £159,512 / 106% 79.00%
    News

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

Login to view the full report

Management 76%

Skills 82%
Debtech's management team though relatively small, consisting of just two members (CEO and CTO), has got complementary skills in the core team with diverse backgrounds and global experiences. The Founder/Chief Executive Officer is a second-time entrepreneur. He brings a wealth of legal and financial expertise to the company and a strong network of potential customers. He is skilled in banking and finance law, leveraged finance, private equity, corporate law, acquisition finance, insolvency, and private banking. The Chief Technology Officer holds a doctorate in neural networks and artificial intelligence. He has vast technology experience in the fields of artificial intelligence, Internet of Things, data analytics, embedded systems, natural language processing and deep tech. He is an inventor and a US patent holder and is a second-time entrepreneur. He published papers around building CNNs, chaotic system in electronics, SETs (single electron transistor), and memristors. It was noted that they have not, as yet, appointed a dedicated finance head and marketing head in the team.

0 comments

Log in to comment


Funding progress

Log in to view funding progress.


More from Technology

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.

Pitch Rated

77%

Overall

rating powered by

CROWD RATING™

days to go: Extended investment: £1,014,708
Morgan Goodwin is a UK-based company that pioneers the Combined Trading Platform (CTP) category, offering a comprehensive online platform for small businesses engaged in physical goods trading, along with specialized software development services, and a broad-spectrum business consultancy approach aimed at enhancing growth, efficiency, and technological advancement.
days to go: 7 investment: £788,519
Doqit offers a solution for managing life admin tasks, helping you organize important information, set action dates, and receive timely reminders, ultimately streamlining tasks like insurance renewals and warranties to reduce unnecessary expenses and simplify your life. It provides secure storage and easy access for vital information, transitioning from chaos to simplicity.  Security is also a priority for Doqit. The platform ensures that your sensitive information is stored securely, giving you peace of mind knowing that you can access your important documents and data whenever you need them, all within a few clicks.
days to go: Extended investment: £87,500
UTU is a company dedicated to building the trust infrastructure for the evolving web 3.0. They aim to facilitate safer and more reliable interactions between users and platforms by utilizing a decentralized reputation and reviews protocol. This protocol involves a non-tradable reputation token (UTT) that users can stake to endorse others, leading to positive outcomes. UTU's focus initially lies in Web3 and DeFi apps, where they provide AI-powered tools to curate trust signals and help users engage confidently in various online activities. They offer a range of products, including the UTU Trust Token, Browser Extension, and Trust API/SDK, all aimed at enhancing trust and security in digital interactions.
days to go: Extended investment: £150,000

Log in to view amount pledged

    Log in to view target

    £1,350,000
    pre-money valuation

    9.96%
    equity available

    17
    investors

    £9,383
    pledge per investor

    12922170
    company number

    Active
    company status

    02/10/2020
    incorporated 4 years

    £1.22
    share price

    Previous Funding rounds
    29 Mar 24 Angels Den £159,512 / 106% 79.00%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph