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

Professional, Financial and Business

The Side by Side Partnership

Status: Active

Sep 28th 2020 - Nov 30th 2020

Stretch

The SidebySide Partnership is a London based Enterprise Investment Scheme (EIS) Venture Capital (VC) firm. Its purpose is to finance and control the management teams of its investee companies enabling them to become a developed corporate entity. The SidebySide Partnership's focus is on fast-growing technology businesses with £1 - 10 million in revenue. It provides 100% EIS relief on investment with zero initial/ongoing fees charged to investors. The SidebySide Partnership's investment experience of 20+ corporate acquisitions totalling more than $200 million, 20+ private investments, and a rate of interest of 12x over the last 35 years has enabled it to become a dependable platform for upcoming tech businesses. It will use the investment to grow its business across different verticals.

read more read less

The Side by Side Partnership Rating Review

Rated on 15/10/2020

Pitch Rated

43%

Insufficient Data

Management

83%

Product

47%

Investment

UNRATED*

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

Pitch rating powered by CROWDRATING

  • £1,300,000
    pledged
  • 260%
    of goal

    £500,000
    target

    £191,807,692
    pre-money valuation

    0.26%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    10166558
    company number

    Active
    company status

    06/05/2016
    incorporated 5 years

    £0.01
    share price

    Previous Funding rounds
    28 Sep 20 Envestors £1,300,000 / 260% 43.33%
    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 83%

Skills 91%
The Side by Side Partnership is founded by a serial entrepreneur who has helped grow and build a number of successful multi-million and a billion-dollar business. The Founder/Managing Director is an expert in international business, corporate communication, salesforce development, technology transfer, venture capital and merger & acquisition. He has won Entrepreneur of the Year Award twice. The Portfolio Company Mentor has a passion for taking ideas and bringing them to life, with a focus on software. He is skilled in business intelligence, program management, requirement analysis, cloud computing, enterprise architecture, software project management and master data management. The Portfolio Manager is well versed in market research projects, fixed income, sales trading and investments. The Head of Business Development is a specialist in business planning, asset management, customer acquisition, proposal writing, business relationship management and strategic partnerships. The Portfolio Development Manager is skilled in project management, customer service, competitive analysis and accounting. The AIF Manager has deep domain experience in alternative investment, fund formation, private equity, financial services, strategic planning and investment advisory.

0 comments

Log in to comment


Funding progress



More from Professional, Financial and Business

Tred is the UK’s first green debit card that lets users track, reduce and offset their carbon footprint as they spend. The company plants trees with every sustainable purchase the user makes. It aims to become a contender in the challenger financial technology market that is projected to be worth £365 billion by 2027. Tred won the 'Pay360 Award' at the 2021 Fintech Pitch Live event and has featured in the Evening Standard. It will use the investment to launch the Tred card to the public and develop more features like a personalised carbon coach and green investment options.
pledged: 159% days to go: 25 investment: £638,919
TheCarCrowd is a Passion Asset Investment (PAI) platform that intends to address the lack of investment options for the 8 million UK millennials by allowing them to take a real equity stake in a classic car and benefit from the potential appreciation. The company argues that classic cars appreciated 194% over 10 years up to Q4 2019 as per expert reports. TheCarCrowd points out that its portal allows interested investors to buy shares in cars from just £20 and unlock the benefits of potential appreciation. The company asserts that its business idea has found traction amidst users with over 620 investors registering on the portal since the company's launch in November 2020. TheCarCrowd will use 12% of the investment for Public Relations (PR), 48% for marketing, and 40% for working capital.
pledged: 111% days to go: 28 investment: £222,623
StepLadder is a financial technology company dedicated to helping people buy their first home. The company asserts that it is tackling the housing crisis with its 'StepLadder Circles' that is based on the Rotating Savings and Credit Association model (ROSCA). Users have to state a monthly monetary contribution and a financial goal. The portal then adds them to a group of people with the same goal wherein all users contribute the same amount each month. The portal then randomly allocates one person in the circle each month the total contribution received. This repeats every month for the duration of the circle until everyone has received their deposit. It has awarded over £750,000 to members on its portal. The platform has featured in The Telegraph, Cosmopolitan, and The Independent. It also won 'Innovator of the Year' in the Women in Tech Awards 2020. StepLadder will use the investment received to improve its pan-UK growth via referral and ambassador programs.
pledged: 89% days to go: 25 investment: £111,500
WorkClub is a ready-for-market B2B platform on a mission to disrupt the workspace landscape by making it easy for members to work from anywhere by activating idle space across a range of commercial venues like hotels, workspaces and more. It asserts that in 2020, 46.6% of the UK’s workforce worked remotely, a 9x increase from pre-COVID levels. It argues that its portal perfectly caters to the demands of the aforementioned category. WorkClub has onboarded 5,000+ subscribers and built a network of 180+ workspaces. The company points out that its platform is an ideal solution to downsize or ditch an expensive office lease and retain great talent. It has established key partnerships with entities like FIVERR, Superscript, Zipcar, and Opportunity Network. It will use the investment to scale ‘WorkClub for Teams’, its workspace-as-a-service for small to medium-sized businesses.
pledged: 86% days to go: 16 investment: £259,245
Baanx is a Business to Business to Consumer (B2B2C) banking platform that is Application Programming Interface (API) driven and digital-friendly. It aims to become a contender in the digital asset financial services market that is expected to rise and expand to over 580 million people or 7+% of the world population by 2022. Baanx argues that it is disrupting the slow and expensive banking sector by leveraging blockchain to launch secure and low-cost banking products and services, with a few lines of code. Baanx offers its users 'Digital wallets' (via API or a custom mobile app), crypto-friendly debit cards in physical and virtual formats, and allows users to send fiat or cryptocurrencies to anyone in their contact list with 'zero' Foreign Exchange (FX) fees, through its proprietary software, TextBit.  
pledged: 98% days to go: 9 investment: £9,500,000

  • £1,300,000
    pledged
  • 260%
    of goal

    £500,000
    target

    £191,807,692
    pre-money valuation

    0.26%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    10166558
    company number

    Active
    company status

    06/05/2016
    incorporated 5 years

    £0.01
    share price

    Previous Funding rounds
    28 Sep 20 Envestors £1,300,000 / 260% 43.33%
    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