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Health and Fitness

PCL Health

Status: Active

Jan 28th 2021 - Feb 27th 2021

PCL Health is a Business-to-Business (B2B) Software-as-a-Service (SaaS) entity that aims to bring hospital-level care to anyone remotely. It asserts that the correct use of remote monitoring can reduce mortality by up to 45%. PCL Health intends to become a contender in the remote healthcare market that is set to touch $30 billion by 2023. It has developed CE rated medical-grade devices that use health algorithms combined with sensors and its proprietary range of apps to allow family members to proactively monitor the health of their loved ones, alongside carers and doctors, remotely. PCL Health has completed two pilots with 65 people and received a Letter Of Intent (LOI) from a National Health Service (NHS) Trust for a clinical trial. It won the 'Innovative Startup' competition at the 2019 Healthcare Unblocked event. PCL Health will use the investment for technology enhancement, running further pilot studies, and working capital.

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PCL Health Rating Review

Pitch rating powered by CROWDRATING

Rated on 15/02/2021

Pitch Rated

51%

Insufficient Data

Management

83%

Product

70%

Investment

UNRATED*

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

  • £394,680
    pledged
  • 157%
    of goal

    £250,000
    target

    £4,063,805
    pre-money valuation

    5.80%
    equity available

    353
    investors

    £1,118
    pledge per investor

    11387839
    company number

    Active
    company status

    30/05/2018
    incorporated 3 years

    £3.25
    share price

    Previous Funding rounds
    28 Jan 21 Crowdcube £394,680 / 158% 51.00%
    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.

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Management 83%

Skills 91%
PCL Health has a management team of professionals who come with operational, technical, and marketing skills. The management team is led by an award-winning Founder/CEO, who is specialised in online reputation management, health wearables, web analytics, cloud computing, and the Internet of Things (IoT). She is the winner of Top 100 Asian TechStars, and a finalist for Tech Leaders Awards 2019. She was also shortlisted for Tech Women 100 UK, 2019. We note that their CTO and CMO (Chief Medical Officer) have the skills that form the basis of the product development in the company. The CTO is specialised in product management, blockchain architecture, business intelligence, big data, and google analytics. The CMO has the skills in internal medicine, health economics, anaesthesia, pain management, and personal development. The Chief Communication and Networking Officer have the skills to build the brand and increase brand awareness through strategic communication, public relations, digital media, media relations, and public affairs. We note that the company finances are overseen by their COO who is competent in negotiation, data-driven decision making, project planning, and strategy. The company is also recognised by the Health Foundry incubator.

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Pitch Rated

67%

Overall

rating powered by

CROWD RATING™

pledged: 169% days to go: 1 investment: £169,572

  • £394,680
    pledged
  • 157%
    of goal

    £250,000
    target

    £4,063,805
    pre-money valuation

    5.80%
    equity available

    353
    investors

    £1,118
    pledge per investor

    11387839
    company number

    Active
    company status

    30/05/2018
    incorporated 3 years

    £3.25
    share price

    Previous Funding rounds
    28 Jan 21 Crowdcube £394,680 / 158% 51.00%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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