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

innerworks

Status: Active

Feb 15th 2021 - Mar 27th 2021

Stretch

innerworks is a behavioural analysis technology company that aims to capture and verify the true nature of people to build happier and more productive workforces. innerworks crowdsources anonymous opinions about people over time. The company argues that this verification model leverages objective, credible data, making its profiles more unique. Its mission is to empower users with their behavioural data. The company is backed by Ex-Microsoft and Ex-Groupon managers as part of this crwodfunding round. It has been featured in TechRound and Startups Magazine. innerworks will use the investment to finance product development and initial client traction ahead of its Q3 2021 seed round.

read more read less

innerworks Rating Review

Rated on 02/03/2021

Pitch Rated

48%

Insufficient Data

Management

80%

Product

64%

Investment

UNRATED*

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

Pitch rating powered by CROWDRATING

  • £231,360
    pledged
  • 154%
    of goal

    £150,000
    target

    £1,600,000
    pre-money valuation

    8.57%
    equity available

    189
    investors

    £1,224
    pledge per investor

    12891874
    company number

    Active
    company status

    21/09/2020
    incorporated 7 months

    Previous Funding rounds
    15 Feb 21 Seedrs £231,360 / 154% 48.00%
    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 80%

Skills 82%
Two Co-Founders founded innerworks in 2020 to address the challenges posed by the remote working industry. One is a recruitment technology specialist, and the other is an early adopter of machine learning, an engineer, and an experienced entrepreneur. The first Co-Founder takes up the CEO's responsibility and has previously founded an employment/recruitment technology platform. He is a multi-lingual who studied data science and undertook a Blockchain Strategy Programme at Saïd Business School. His other skills include project management, start-ups, sales, ed-tech, and psych-tech. The Co-Founder/CTO is a serial entrepreneur and a blockchain technology expert who is proficient in revenue generation, sales, marketing, financial markets, derivatives, asset, and risk management. Given his financial expertise and the lack of information on the company’s CFO, the Co-Founder/CTO might also be responsible for overlooking its finances. Both Co-Founders are adept at sales, marketing, and business development that could contribute towards building their brand awareness.

0 comments

Log in to comment


Funding progress



More from Technology

Valkyrie Industries (VI) makes wearable haptic suits, termed BiFrost, designed to let users feel, touch and hold objects naturally in virtual simulations. It aims to recreate the human nervous system with technology. The company asserts that BiFrost has been piloted successfully with a UK space agency and is a strong contender in the space robotics market that is set to be worth $4.36 billion in 2023. VI aspires to develop a robotic arm for space use, operated using haptics enhanced VR, to transmit information such as pressure, vibration and resistance. The company has featured on The Discovery Channel, TechCrunch, and IDTechEx. It plans to offer its first development kit BiFrost to early adopters at $10,000 per month, with full technical support. The company will use the investment to develop its technology, support its early adopters, and strengthen its IP protection.
pledged: 55% days to go: 25 investment: £223,918
NOQ aims to solve the issue of queuing at events by digitising the process and bringing increased sales and profit for event management companies, coupled with data-driven insights. It aspires to capture the UK market share through partnerships with event management companies, food concession groups, PoS (Point of Sale) systems, and WiFi providers. NOQ offers a three-step solution for event-goers namely, pre-order ahead of time, click and collect or deliver to a location within the event. The company also claims that it provides a bespoke solution specific to suit the needs of each event and ensure seamless execution of the same. NOQ has overseen transactions worth £275,000+ on its platform, onboarded 13,000+ active users across iOS and Android, and covered 190+ events in 2020. It will use the investment for hiring key personnel, marketing and operational expenditures.
pledged: 85% days to go: 35 investment: £170,775
My VIP Card is a loyalty platform that aims to help people save money when they shop local. The company offers thousands of discounts, cashback and gift cards, encouraging people to support small businesses and the high street, nationally. It has over 2,000 business listings on its website and asserts that its business model caters to the estimated 86% of UK Shoppers that are part of a loyalty program. The company claims that its service is also available as an employee and member benefit for employers with a host of benefits. My VIP Card has won awards such as, 'Entrepreneurial Spirit for the South East' at the Great British Entrepreneur Awards and 'High Business Growth' at the Successful Women Awards. It has also featured in publications such as The Sun, The Telegraph, The Daily Record, and BBC Radio Solent. My VIP Card will use the investment for acquiring more customers and growing its business.
pledged: 97% days to go: 25 investment: £68,409
Vendoir aims to become the go-to app for instantly sourcing and booking event vendors on-demand with ease. It intends to operate as a marketplace model and earn revenue through commission on each transaction and via premium accounts. It asserts that it is part of the London & Partners Business Growth Programme Spring Cohort 2021. The company endeavours to disrupt the £43 billion UK events market post-Covid-19 with an on-demand app. It has a waitlist of more than 1300 interested clients and has featured in Forbes. The company will use the investment to accelerate its product launch.
pledged: 161% days to go: 24 investment: £121,234
Daisie intends to build a digital art school where everyone has access to an arts education regardless of location, background, or life stage. It aims to become a contender in the $7 trillion e-learning market and establish a new medium of learning. Daisie provides creators with the opportunity to explore their interests, further their craft, and launch their careers via its digital workshops and rooms. The company has onboarded 170,000+ creators globally, conducted over 22,000 hours of live sessions, made 600,000 connections, and raised over $5 million in funding from Founders Fund, 8VC, Kleiner Perkins, and Gaingels. Daisie asserts that its team and board are from institutions such as MasterClass, Google, Tesla, and Depop. It will use the investment to ensure that its creators grow in confidence, take up space in their chosen fields, and build lasting careers.
pledged: 148% days to go: 16 investment: £444,230

  • £231,360
    pledged
  • 154%
    of goal

    £150,000
    target

    £1,600,000
    pre-money valuation

    8.57%
    equity available

    189
    investors

    £1,224
    pledge per investor

    12891874
    company number

    Active
    company status

    21/09/2020
    incorporated 7 months

    Previous Funding rounds
    15 Feb 21 Seedrs £231,360 / 154% 48.00%
    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