Finance · 4 September 2019

Check out 16 startups that smashed their targets

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
  • Recently hit 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

 

 

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ABOUT THE EXPERT

Laura is the Junior Reporter at Real Business and Business Advice. She's the first point of call for any PR, business owner or industry insider looking to tell a story of entrepreneurial inspiration, retell some key advice, or a ground-breaking news story. She is the core ambassador for the brand(s) and can be found attending high profile events and meeting disruptive business owners across London – and beyond.

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