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

Technology

GivePenny

Status: Active

Jan 7th 2021 - Feb 6th 2021

9 days left

GivePenny is a digital toolkit for creating charity fundraising events. The company allows charities to create and promote fundraising campaigns via subscription and 'per donation' fees. GivePenny's proprietary platform allows supporters to join one of these campaigns and personalise their fundraising pages via apps like Spotify, Strava, Twitch, YouTube, and Fitbit. GivePenny asserts that the content and data from the aforementioned apps, coupled with its pledge-based payment options, drives donations. GivePenny has hosted 72 virtual events since March 2020 and processed over £700,000 in donations. Its customers include the world's largest research charity, Cancer Research UK. The company is hosted on Microsoft Azure. It has also featured in publications like The Guardian, Sky News, and BBC. The company will use the investment to scale its business and recruit personnel across sales, marketing, and software development portfolios.

read more read less

GivePenny Rating Review

Rated on 21/01/2021

Pitch Rated

54%

Insufficient Data

Management

87%

Product

76%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

  • £110,642
    pledged
  • 110%
    of goal

    £100,000
    target

    £2,455,984
    pre-money valuation

    3.91%
    equity available

    161
    investors

    £687
    pledge per investor

    09502306
    company number

    Active
    company status

    20/03/2015
    incorporated 6 years

    £2.18
    share price

    Previous Funding rounds
    07 Jan 21 Crowdcube £110,642 / 111% 54.33%

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
Click here for more information on our ratings
Login to view the full report

Management 87%

Skills 91%
The management team at GivePenny includes skilled professionals with expertise in management, technology, sales, marketing, and finance. Their team consists of an experienced Founder/CEO, Co-founder/Chief Technology Officer, Co-founder/Chief Sales Officer, Co-founder/CFO, and Co-founder/Non-Exec Director. The Founder/CEO is a senior executive with expertise in business intelligence, account management, entrepreneurship, training and development, and new business development. He also has prior experience of working at the same stage of business growth. The Co-founder/Chief Technology Officer is competent in web development, business strategy, project management, business planning, and solution architecture. The Co-founder/Chief Sales Officer is skilled in operations management, IT and comms infrastructure support, sales strategy development, and fields/internal sales training and development. The Co-founder/CFO specialises in budgets, mergers, forecasting, and telecommunications. The Co-founder/Non-Executive Director's skills include cloud computing, virtualisation, business development, and customer relationship management (CRM).

0 comments

Log in to comment


Funding progress



More from Technology

SwipeStation is a mobile payment provider that is targeting stadiums, festivals, exhibitions, and other mass gatherings. SwipeStation argues that its service does not require users to have a phone connectivity which is unreliable or non-existent in most large venues. It claims that its mobile payment service works in airplane mode as well. The company's existing clients include organisations like Sodexo/Centerplate, Compass and Delaware North. It has expanded into music concerts that consist of stalwarts like Spice Girls, Olly Murs, Bon Jovi, and Chic. SwipeStation has also been felicitated with honours such as Ignite "Internet of Things" Award: Runner-up, WireHive 100 "Best Tech": Runner-Up, and W3 Silver Award Winner, amongst others. It will use 35% of the investment towards expanding its business development and operations team, 20% towards product development, 15% towards PR and marketing, 15% towards international expansion, and 15% towards increasing its inventory.
pledged: 105% days to go: 34 investment: £263,930
BlockDox is an urban digital solutions company that aims to solve challenges related to inception and maintenance of smart buildings and intelligent transportation via Artificial Intelligence and Internet of Things (IoT). BlockDox claims that space operators such as facility managers or transport operators lack the data or interpretation tools to manage physical spaces based on actual needs rather than fixed assumptions. The company's patented technology aims to change this. It leverages IoT to make spaces responsive to their actual utilisation in the present and in the future, helping customers to reduce operational wastage and improve space utilisation. BlockDox has generated £1.6 million in revenue over the last three years. The company installed over 100+ sensors across 100,000+ square feet in five countries. It has featured in publications like BBC, FT, Sunday Times, and London's Evening Standard, to name a few. The company will use 70% of the investment towards recruitment costs, 20% for growth marketing, 6% for equipment and, 4% for other costs.
pledged: 222% days to go: 34 investment: £278,280
Artists Ahead is a company that enables music rights holders to retain a greater proportion of the royalties generated by their music and protect their copyright. They argue that music royalties generate around £2 billion in revenue each year in the UK, but many artists receive a very small proportion of the income generated. Artists Ahead aims to change this and charge around 8% of royalties with the rest going to the artist. The platform collects both recording and publishing royalties, uses blockchain to provide proof of ownership, and holds all digital assets and royalty data in one place, accessible to the customer on any device. The company claims that its business model is transparent. They intend their business to reach maturity in 2025. It anticipates the purchase of its brand by potential buyers as a foreseeable exit plan. Artists Ahead also envisage an IPO permitting investors to trade their shares as another exit opportunity.
pledged: 0% days to go: 53 investment: Withheld
Fame Media Tech (FMN) is a Software-as-a-Service (SaaS) technology start-up that aims to transform the visitor, fan, and customer experience through technology-driven data perspectives. FMN asserts that sport and hospitality sectors have suffered from customer and fan isolation during COVID-19. FMN application, n-gage.io, addresses this situation. The company argues that its portal, combined with storytelling and innovation in digital media, can help companies to positively influence user behaviour, enhance engagement, and improve loyalty. FMN claims that companies can judge the above metrics through data diagrams on its portal as well. The company's early-stage proof of concept discussions extend across sport, hospitality, and visitor attractions such as Wembley Park and Bohemians FC. FMN's exit strategy would be via a trade sale to a media or technology business.
pledged: 22% days to go: 30 investment: £33,200
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.
pledged: 116% days to go: 31 investment: £175,275

  • £110,642
    pledged
  • 110%
    of goal

    £100,000
    target

    £2,455,984
    pre-money valuation

    3.91%
    equity available

    161
    investors

    £687
    pledge per investor

    09502306
    company number

    Active
    company status

    20/03/2015
    incorporated 6 years

    £2.18
    share price

    Previous Funding rounds
    07 Jan 21 Crowdcube £110,642 / 111% 54.33%
  • 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