Detected is the world’s first agnostic business verification platform helping B2B buyers and sellers transact with confidence. In a matter of seconds, Detected uses thousands of data points to confirm both parties’ credentials including identity, location, solvency, and capability. London TechWatch caught up with CEO Liam Chennells to learn more about the current deficiencies with manual B2B due diligence, the company’s imminent launch, and recent funding round from investors that include Rob Barnet, Craig Sears-Black, and Carl Hartmann
Angel/Seed
Bodyswaps Raises £470K for its VR Platform That Develops Soft Skills in the Workplace
Soft skills don’t come naturally to everyone, so companies like Bodyswaps are using AI, VR, and behavioral science to develop immersive modules for soft skills training. Through unscripted intervention that places users in realistic workplace situations, Bodyswaps’ platform helps to improve soft skills such as emotional intelligence, empathy, and leadership to complement workforce training programs. LondonTechWatch caught up with Cofounder and COO Julien Denoel to learn more about the unique benefits of using VR for workforce training, the company’s experience raising in the middle of the pandemic, and recent funding round, which brings the company’s total funding raised to £795K.
The September 2020 London Venture Capital Funding Report
Programmai Raises £850K to be the Crystal Ball That Marketers Have Been Dreaming Of
Programmai’s predictive marketing software uses customer data to accurately predict customer spending for both the short and long term. Applying machine learning, marketers can use predictive values from Programmani to develop marketing programs and hone acquisition costs, no longer taking stabs in the dark but instead basing these decisions on justifiable data and forecasts. London TechWatch caught up with CEO Dean Murr to find out how his previous experience at Asos led him to create Programmai, the company’s experience raising during the pandemic, and recent funding round.
Gravity Sketch Raises £3M For its Native 3D Design Platform
We live in a 3D world but most of the products that we use were designed using a 2D methodology, which led to an increase in product development time as engineers and product designers went back and forth. Thanks to Gravity Sketch, the product design and collaboration platform that allows engineers and product designers to work in 3D, the process is becoming more streamlined, changing a paradigm that has persisted for decades. By designing in 3D from the onset, the need to sketch and then transfer into clunky CAD software is eliminated. The platform is already being used by over 50,000 design professionals. London TechWatch caught up with Cofounder and CEO Oluwaseyi Sosanya to learn more about how an academic project inspired the launch of the business, future plans, recent funding from investors that include Kindred Capital, Point Nine Capital and Forward Partners, and much, much more…
HumanForest Raises £1.8M for its Free Shared E-Bike System for London
HumanForest is the first free shared electric bike system. The first twenty minutes are free, supported by the rider viewing ads on the HumanForest app and each additional minute is only 12 pence. London TechWatch caught up with Head of Growth and Cofounder Caroline Seton to learn more about how shared mobility is improving life in London, the company’s plan to deploy 2K e-bikes this year, and the company’s recent funding round from investors that include Juan de Antonio, Vicente Pascual, and Stefan Tilks.
Storm2 Raises Another £2M to Be the Go To Solution for Fintech Recruitment
London is home to some of the biggest disruptors in fintech like Starling Bank and Nutmeg and these businesses need access to the best fintech talent. Storm2 is the recruiting platform specialising in fintech talent solutions in positions across Data Science, the C-Suite, and Product Management. Storm2 presently has over 20,000 candidates within its network and […]
Hammock Raises £1M for Finance Solution for Landlords with Multiple Properties
There’s over £85B in rent collected by landlords each year in the UK and much of this is by multi-property owners. Hammock streamlines the financial aspects of managing several properties through its platform that handles the books and banking. CEO and Founder Manoj Varsani shares some insight on the benefits of the platform, the company’s COVID response, and recent funding round from investors that include Fuel Ventures, Acension Ventures, and Founders Factory.
Log my Care Raises £600K to Enable Care Homes to Improve Care With Software
Approximately 70%-80% of care homes are reliant on pen and paper and manual processes to run their operations and record data. Log my Care is the free care management software platform that features an intuitive interface that enables care providers to deliver exceptional care and record plans with a few clicks. Founder Sam Hussain shares some more insight on the inspiration for the company, how the pandemic led to the rapid development of new features, and the company’s latest funding round.
Lick Home Raises £3M to Disrupt Legacy Paint Brands with its DTC Décor Approach
The global decorative paint and wallpaper market alone is worth $93B. The global paint market is dominated by incumbents, with the top 5 global paint brands owning 50% of market share. Lucas London launched Lick Home, a direct-to-consumer home décor brand focused on wall treatments, on the very same day that the UK was put into lockdown. The pandemic has given people a new appreciation for their homes. Lucas shares more on the company’s launch, product line, and seed funding round from investors that include Felix Capital, Magnas Rausing, Alex Chesterman, Piton Capital, Talis Capital, and Samos Investments.