Our June 24th event pitches
The five pitch presentations were as follows:
Gin Distillery Brand & Distributor
This successful Dorset brand sold their first bottle of their award winning Dorset Dry Gin in April 2015, one year after Founder left his career as a chartered surveyor to launch Dorset’s first gin distillery. In the 4 years since, they have become a nationally recognised brand leading the UK’s gin renaissance, growing to a team of 9 who distill and bottle over 1,000 bottles a week to the likes of Waitrose, M&S, Tesco and Ocado.
They are hungry to scale to the next stage, capitalising on their brand value, moving into the national supermarkets, begin exporting, and up-scaling their facilities to a large scale world-class visitor distillery. They are seeking equity funding of £400k at a £4m valuation, to fund a shift change from a brand building start-up, to a phase of distribution building domestically.
Fitness Apps & Online Training Programmes
This Company describes itself as the ‘Netflix’ of fitness. In revenue, with an established and rapidly expanding cloud based fitness platform, it offers personal home fitness workouts for the body as well as mental health content. Its subscription based service is accessible on mobile phones, tablets, computers, laptops and smart TV’s.
A facility of up to £2M of equity/debt is now sought to fund growth both domestically and internationally.
Compliance Software Surveillance Tech Sector
This Company has developed a patented technology platform to capture, analyse store, and archive for near instant retrieval any communication type - electronic, audio, or market data - in real-time, securely from the source. It complies with all major financial regulations including SM&CR, MiFIDII, GDPR, MAR and Dodd-Frank, and can be implemented by other governed sectors or Command & Control and Customer Services.
With the sharp increase in regulatory requirements in financial services, evolving regulation is driving the need for an all-encompassing compliance technology solution. This is now a business-critical function for all major financial institutions, and is evidenced by the very strong growth in contracted clients and revenues that the Company is currently experiencing.
The Directors now seek up to £3m as a blend of debt and equity to capitalise on its latest technology and range of industry partnerships, which will provide clients with the sector’s first holistic compliance technology solution. This is typically sold on three year, auto-renewing contracts.
Founded in January 2018, this Company has developed a predictive model for large corporates aimed at identifying ‘burn-out’ in the workplace. The model is currently being assessed by a multi-national organisation in a research pilot study that is looking for ‘burn-out trends in 6000 employees based in the UK and North America. Discussions are also underway with other potential commercial and academic partners.
The Company is now seeking funding of £350K to develop the SaaS platform further, which in turn will generate strong annual repeatable revenues.
Care in the Home Sector
This Company’s technology replaces the old ‘red-button’ alert pendants used by the elderly, to report an accident in the home. This system is designed to shorten fall discovery times from hours to just minutes and provides ongoing fall prevention by using AI algorithms.
The Company is seeking a second seed funding round of £260K to embark on a data collection pilot with a large local authority trading company.
Angharad Holloway, Head of Talbot Heath School in Bournemouth, first presented at the Dorset Business Angels 2017 Conference, when she shared with us her 'Think Big' vision for the future, combining creativity with technology:
"I am horrified at the thought of subjects such as Art, Drama, Design Technology and Music being cut from the curriculum, as schools become judged and funded based on subjects ranked in ‘buckets’. Invention and creativity have always been at the forefront of innovation in the UK. We are a world leader in these fields and we need to remain so."
"A joined-up approach will be required and Talbot Heath will offer exciting curriculum strands, such as architecture, design thinking, CGI, robotics and artificial intelligence, in conjunction with AUB, BU, Bournemouth and Poole College and Southampton University. In addition we will be working closely with the technology companies in Bournemouth and Poole that are thriving. Our vision is perfectly aligned with that of Silicon South, those who believe that the high concentration of creative and digital experts in this area will be at the heart of its future."