Finance

Check out 16 startups that smashed their targets

Laura McGuire | 4 September 2019 | 4 years ago

Despite the economic uncertainty startups are still proving to thrive despite the adversity thrown at them in a Brexit shaped ball.

Here are 16 startups from Seeders & Crowdcube that exceeded their monthly targets.

 

Seeders.. .

https://www.weswap.com/en/
How much raised:?£2, 489, 190

Number of investors:£1, 397

Who are the investors:investors on crowdfunding site’seedrs

For what:?Proceeds from this raise will be used to launch in international markets, develop new products and invest in new partnerships.

  • WeSwap is an award-winning peer-to-peer currency platform
  • Recentlyhit 500, 000 users and 250 million in global currency traded on the platform since launch in 2015
  • Has over 30 travel industry partnerships
  • Operates booking flow integrations with online travel partners
  • The round will support the Series B investment round?launched?led by IW Capital, WeSwap’s primary and lead investor
Yielders:

How much raised:?£661, 135

Number of investors:£480

Who are the investors:investors on crowdfunding site’seedrs

For what:?Proceeds will be used for investing in technology, entrance into new markets and product development

  • Yeilders is an award-winning real-estate investment platform
  • The UK’s first Islamic-finance friendly fintech company regulated by the FCA
  • Wants to lower the barrier of entry to a classically inaccessible asset class
  • Completed over 6m assets under management
  • Secured 20m of new property dealflow
  • Delivered investor returns on the 1st of every month for 36 months
?
How much raised:?£519, 607

Number of investors:£219

Who are the investors:investors on crowdfunding site’seedrs

For what:?The investment will be used to launch its new product NowLight

  • Deciwatt creates renewable energy products that allow users to make light and power. Instantly
  • Its first product GravityLight? attracted the attention of millions of people by harnessing the energy potential of gravity to power an LED lamp
  • Now launching a new product, NowLight, which creates instant light and power from the pull of a cord
  • Just one minute of pulling on NowLight’s cord will generate up to two hours of light and when fully charged NowLight will provide up to 50 hours of light
  • Deciwatt began developing NowLight in 2017 and received a 140, 000 grant from Innovate UK to partially fund the R&D
  • In 2018 we partnered with the Red Cross to test pre-production samples in refugee camps in Rwanda and Uganda
Watneys Beer Company:

How much raised:?£487, 912

Number of investors:£698

Who are the investors:investors on crowdfunding site’seedrs

For what:?The investment will be used across sales resource, off-trade grocery development and export

  • Brewed in London since 1837, Watneys is an iconic beer brand which now has a strong portfolio of regional craft beer brands
  • Grown quicker than traditional craft beer peers – turning over in excess of 400, 000 a year
  • Does not own a brewery, a lorry or barrel
  • Average year on year growth of over 130%
AnyGood?:

How much raised:?£439, 427

Number of investors:£354

Who are the investors:investors on crowdfunding site’seedrs

For what:?The investment will be used for membership acquisition, marketing campaigns and operational overheads

  • AnyGood? is the crowdsourced talent platform, using the power of the crowd to recruit
  • Members have a real-life relationship with the professionals they recommend so have an in-depth knowledge of their capabilities and suitability
  • 42 clients, including Aviva, Sony and easyJet
  • 320 successful candidate referrals to date – the platform currently holds over 1, 100 members
  • Currently on the Mayor of London’s Business Growth Programme
?
Workhorse:

How much raised:?£402, 497

Number of investors:£219

Who are the investors:investors on crowdfunding site’seedrs

For what:?Funds raised will be invested into further developing the platform and employing more staff

  • Workhorse is the small business application platform enabling SMEs to work smarter and grow faster
  • The product integrates complex business processes that supports specific operations
  • Already on-boarded over 50 customers across 5 countries
  • Monthly recurring revenue of 8, 600
http://dublinvinyl.com/
How much raised:?£402, 497

Number of investors:£219

Who are the investors:investors on crowdfunding site’seedrs

For what:?Proceeds will go into new presses in order to increase production capacity

  • Dublin Vinyl is a state-of-the-art record pressing plant based in Ireland and servicing the world
  • It is the only pressing plant in Ireland and one of only four in the British Isles
  • Began manufacturing in January 2018 and currently have a capacity to manufacture up to 20, 000 records per week
  • Works with some of the best record labels in the world and have pressed albums by incredible artists including Nick Cave, Amy Winehouse, Tom Petty, The Cure and many more
  • Recently launched its own consumer brand, LovesVinyl.com, a Record Subscription Club that delivers vinyl directly to fans every month
Vitae London:

How much raised:?£149, 275

Number of investors:£166

Who are the investors:investors on crowdfunding site’seedrs

For what:?Funds raised will be used to make key hires, launch US fulfilment’site and drive marketing channels

  • Vitae is a watch brand which supports education – a fashion brand looking to change lives
  • For each watch sold, Vitae provides a child in South Africa with the resources they need to access education
  • Sold in over 30 countries,
  • Distributed over 2, 000 items of school uniform to children in need
  • Ambassadors include Richard Branson and Pharrell Williams
?
London Diamond & Emerald Exchange:

How much raised:?£103, 220

Number of investors:£162

Who are the investors:investors on crowdfunding site’seedrs

For what:?Funds raised will be channelled into expanding the sales function and developing and in-house marketing team

  • London DE is a hybrid online marketplace delivering precious gems and jewellery to businesses and consumers in a smarter, more cost-effective way
  • It trades in ethically sourced finer quality gemstones and creates bespoke items of jewellery
  • Has access to over 100, 000 stones
  • Base in London’s diamond district, Hatton Garden
  • Recently shortlisted for Ethical Jewellery Business of the Year? at the Retail Jeweller UK Jewellery Awards 2019
Gateway Villa Rentals:

How much raised:?£82, 285

Number of investors:£294

Who are the investors:investors on crowdfunding site’seedrs

For what:?Proceeds will be used to drive growth and significantly increase brand awareness

  • Gateway Villas is introducing the sharing economy to the luxury villa market-making travel a more sociable experience
  • Through the creation of week-long events, travellers will have the ability to book a room in one of our the villas and get the chance to share these properties with likeminded people from all around the world
  • Gateway is leveraging the power of the sharing economy to connect individuals from all over the world – making solo travel a thing of the past
  • Initial focus has been on Asia, with over 400 luxury high-end villas across Bali, Thailand, SrI Lanka and The Maldives
  • Partnered with luxury concierge brand Quintessentially Travel as their main supplier for villas in Asia
Crowdcube…

CombiniCo

https://www.combinico.com/
How much raised: £205, 870

Number of investors: 205

Who are the investors: Investors are on the crowdfunding site, crowd cube

For what: to build a third retail and flagship location in Edinburgh, and to develop a line of organic bottled tea beverages.

  • National Winner of Scottish Asian Food Awards 2018
  • Over 500, 000 revenue in the first year of trading
  • Backed by Sanja Moll (Investing Women) and Alexis Fosler?
  • Known locally as one of the fastest-growing startups from St Andrews
Elemental Digest?

How much raised: £1, 383, 510

Number of investors: 602

Who are the investors:? Investors are on the crowdfunding site, crowd cube

For what: The funds will be used to build the fertiliser plant, expand markets, develop the team and further R&D to qualify crop-related precision applications.

  • Previous investment of 2m from HNW and EIS investors
  • Tested & validated by Rothamsted Research, ready for production
  • Partnered with leading international meat producer securing supply
  • Micronutrient fertiliser market 2018 >$4b with CAGR of 8.2% – 2019-24
 

Lean Lunch

https://www.leanlunch.co.uk/
How much raised: £139, 780

Number of investors: 208

Who are the investors:? Investors are on the crowdfunding site, crowd cube

For what:? scale the business to become the de-facto provider of nutritious, sustainable food for workplaces in every city we operate in

  • UK food-to-go market worth 21.2bn, set to grow by 2bn next 3 years
  • Food delivery was worth 8.1bn in 2018
  • Since launch in July 2017 we’ve produced and delivered over 40k meals
  • B2B accounts for the majority of sales, customers include Burberry, Asda & Sky?
 

Arival Bank

How much raised: £1, 235, 364

Number of investors: 514

Who are the investors: Investors are on the crowdfunding site, crowd cube

For what: plan to bundle some of the world’s hottest fin-tech products inside one banking platform?

  • created by the team behind Life.SREDA – A fintech VC firm with multiple exits
  • Won “best of show” at Finovate; recognition from Forbes, Wharton Business School, & others
  • Currently over 650 requests on our waiting list to open accounts with us
  • Applied for a US-based international banking license in 2018
 

Imployable?

How much raised: £212, 370

Number of investors: 251

Who are the investors:? Investors are on the crowdfunding site, crowd cube

For what: Looking to scale the company in all areas with a marketing partnership with Google UAC?

  • 10, 000 app downloads since launch
  • NatWest Great British Entrepreneurial Spirit of the Year Winners
  • Promoted to candidates by the Department for Work & Pensions, MoJ
  • 100+ clients already including Sodexo, Sir Robert McAlpine & Serco
 

Life Length

https://lifelength.com/about-us/
How much raised: £2, 180, 150

Number of investors: 1102?

Who are the investors: Investors are on the crowdfunding site, crowd cube

For what: unmet medical need for new biomarkers for prostate cancer screening that can avoid these unnecessary biopsies

  • Since 2011 providing telomere testing services in over 35 countries
  • More than 6, 000 samples collected in our oncology study
  • Developing a new diagnostic test in prostate cancer
  • Hundreds of thousands of unnecessary biopsies potentially spared
 

 

Topic

Finance

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