Our April pitches
The pitches are confirmed as follows...
Eating Out Sector
This Company is returning to update members on its progress, having initially secured grant funding via DBA. Its web app, that introduces customers to cut-price meals at restaurants, has helped people to discover and make more than a quarter of a million purchases from handpicked eat-out establishments. Where Deliveroo delivers food to people, this Company delivers people to food.
Operating in 3 cities, it has generated over 250,000 transactions - with over 18,000 transactions per month (at an annualised platform turnover run-rate of £2 million). It now believes that it has a scalable/repeatable, city-by-city, roll-out model that’s ready to go and is seeking £600K to begin a national roll-out.
Launched in early 2017 by former employees working in the security arm of a well-known Plc, the founders of this Company were well aware that current solutions to security awareness were simply not working. Instead they applied the theory and evidence of how people really learn and behave, (including “Nudge theory”), in an innovative subscription model software product. The first version was released last July and has already been installed in an academic institution and a large engineering firm. Trials are underway with Government offices and other Plc’s. They are now seeking £500K to scale up product development.
LED Lighting Systems
This local start-up Company is set to change to market in roller blinds. Using LED technology to backlight the standard roller blind, stunning results can be obtained, which the Company believes will revolutionise this sector of the market. It is seeking up to 300K of seed funding to launch the product.
With its patented grill technology, this Company has a CAGR in sales of over 40% in the last 3 years and current successes with two national account customers underpin the trends in growth for the current year. In addition, strong levels of interest were generated from a successful visit to the USA. The Company now seeks £250K to consolidate its UK market position and expand its export activities, particularly in the USA.
There are still many potential customers in. ‘hard to reach’ areas across the UK without an acceptable broadband service. Cornwall is one such area. Around 2 years ago, the founders of this Company - who between them have 120 years of combined experience in the Telco industry - decided to address this problem using modern wireless technology, which is now equivalent to fibre in terms of performance, but without all the inconvenience and cost caused by digging, to the public and the provider.
Today, there is sufficient installed network capacity to serve 8-10K properties. Currently, 500 customers are waiting for an install and within 3 years the Company expects to have over 12000 subscribers in Cornwall alone. They now seek 400K to conclude a 1.75M fund-raise to meet this forecast. Break-even cash flow will be achieved once 4500 subscribers are installed on the network.
Ellis Jones Solicitors Sponsor Presentation
Abi Sinden Business Services Solicitor at Ellis Jones, our sponsor partners, will open the event with a short presentation including a visual summary of intellectual property protections and how they add value and growth to your investment.
Abi will remind investors of the different intellectual property rights that may exist in a business, how to make sure it is protected and how they could exploit it for maximum return on investment.