Percayso

Percayso is a Business-to-Business (B2B) insurance technology entity that aims to become a contender in the £220 billion per year UK insurance industry. The company claims that conventional methods of finding the best insurance premiums has its share of hurdles. Percayso intends to change this. It points out that its portal allows users to find relevant premiums, reduce chances of fraud and increase profit, all in a transparent layout. The company has already signed four clients. It argues that it has a strong pipeline of 25+ opportunities and aims to convert at least 50% of these. It will use 45% of the investment for platform development, 20% for third party integrations, 20% as working capital, 10% for product and international development, and 5% for marketing and networking.

Percayso Rating Review

Rated on 02/03/2021

Pitch Rated

53%

Insufficient Data

Management

83%

Product

75%

Investment

UNRATED*

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

Pitch rating powered by CROWDRATING™

£437,134
pledged
109%
of goal

£400,002
target

£20,022,184
pre-money valuation

1.96%
equity available

270
investors

£1,619
pledge per investor

10507204
company number

Active
company status

01/12/2016
incorporated 4 years

Previous Funding rounds

08 Feb 21

Seedrs

£437,134 / 109%

52.67%

Officers

Paul Andrew Cookson
Appointed: 24-02-2017

Steve Edmonds
Appointed: 24-02-2017

Simon Ross James
Appointed: 24-02-2017

Stephanie Roome
Appointed: 24-02-2017

Richard Tomlinson
Appointed: 27-09-2018

News

Percayso Inform partners with Equifax - Mortgage Introducer
06/10/2020 Mortgage Introducer

Overfunding: Insurance Intelligence Startup Percayso Quickly Secures £400,000 Funding Target Through Seedrs Campaign - Crowdfund Insider
16/02/2021 Crowdfund Insider

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TIME-TO-FIND	£4.8M
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8dates	£4.2M

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%

The team comprises individuals with a wealth of expertise in the insurance industry and data enrichment field. The Founder/Chairman is a renowned person in the insurance industry as he has several contacts within the insurance industry. He is skilled in financial risk, risk management, credit risk, and financial services. He is uniquely positioned to drive the business forward. The Managing Director has overall responsibility for all aspects of Percayso's strategy and operations. The CTO is a global communications specialist, and he built a high-performing engineering team scaling from a handful to over 60 engineers in the previous company. The Head of Analytics is an expert in extracting the true value of consumer data. He is pushing the boundaries in machine learning and data science at Percayso. The CTO and Head of Analytics is the driving force behind the development of the Percayso platform. The Marketing Director has the overall responsibility to provide a creative marketing direction to Percayso Inform Limited. He specialises in creatively articulating the company's strategic message to disparate audiences. The Finance Director is a Management Accountant (ACMA and CGMA) responsible for all business financial aspects. She has expertise in mergers, acquisitions and strategic finance initiatives.

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