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Vehicles and Transport

SEIS Investment: Grallo

Status: Expired

Mar 12th 2015 - Apr 21st 2015

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Over the past 8 years, Advatech Healthcare has created Hippo, a proven disabled and non-emergency patients transportation services (NEPTS) in the Essex area. Due to its dependability and efficiency, Hippo is now poised to become the UK's best national wheelchair accessible healthcare services on a wearable technology platform. According to the Office for Technology Statistics data, there are 13.37 million people disabled in the UK who lack dedicated non-emergency transportation. Hippo could save the National Health Service (NHS) up to 60% on transportation costs increasing faster hospital bed rotation and providing dedicated transportation for disabled and non-emergency patients with a medically trained staff. It also offers medical and technological necessities not offered by many leading operators. Currently, the company operates within the Essex area. By the end of 2020, the company aims to commence seven new contracts it has signed with the NHS. It also signed a deal with Cambridge Adult Social Care that is expected to close, within a 5-year term and generate over £200,000 per year.

Pitch Rated

81%

Gold

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pledged: 0% days to go: 83 investment: Withheld
BMM Networks is a company specialising in providing electric vehicle charging solutions throughout the UK. Currently, there are about 250,000 electric vehicles (EV) in the UK, with the hope that it will increase to 1 million by 2022. But this transition requires dependable and safe On-Street and Workplace charging stations. The UK Government, through the Office for Low Emission Vehicles (OLEV), has dedicated over £900 million of funding to expanding EV usage, of which £500 million is in scope for the BMM charging point business model. With the help of its delivery partner, BMM Energy Solutions Limited, BMM Networks has engaged with several local authorities to develop charging solutions. The company is one of the 10 approved framework providers for OLEV funded projects. Within this setup, OLEV will fund 75% of the installation cost or £5,000 for each charging point, leaving BMM to fund the balance of £1,250 per charger. This will enhance the coverage of charging points thereby boosting EV sales. The company is seeking £1.375 million of equity funding to boost its brand identity and business opportunities.

Pitch Rated

72%

Overall

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pledged: 0% days to go: TBC investment: Withheld
Jam Jar is a long term car rental market place.  They specialise in affordable long term car and van rental.  Jam Jar have the ethos "why buy a car when you can rent one?"  Their service is based on 12 month hire contract thus allowing the customer to upgrade their car every year.
pledged: 103% days to go: Stretch investment: £103,196

  • £145,875
    pledged
  • 97%
    of goal

    £150,000
    target

    £1,000,307
    pre-money valuation

    13.04%
    equity available

    16
    investors

    £9,117
    pledge per investor

    08473273
    company number

    Active
    company status

    Equity Calculator
    Investment
    £
    Equity
    %
    Funding rounds
    12 Mar 15 Syndicate Room £145,875 / 97%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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