Crowdfunding Now: Healthcare Improvement, Money Saving App and Plant-based Cuisine
Every week we bring you a selection of businesses created by diverse founders that are equity crowdfunding right now. Here’s this week’s selection.
1. ImproveWell
Designed by healthcare, for healthcare, ImproveWell is a digital staff engagement solution for improving quality. Giving all staff a voice, ImproveWell helps leaders to improve staff experience and the quality of patient care from the ground up.
Evidence suggests that the frontline is best-placed to improve the systems they work in and that a happier workforce leads to better outcomes and improved performance. COVID-19 has also brought rapid learning in healthcare to the fore.
Utilising three feedback systems, 24/7 everyone can:
Suggest ideas for improvement
Share how their day at work is going to track workforce sentiment
Complete pulse surveys
A data dashboard captures real-time data, identifies trends, prioritises improvements and publish reports to complete the feedback loop.
Key facts:
CEO - Lara Mott
Incorporation date - 28 September 2016
Target Investment - £150,000 (currently overfunding)
Investment type - Equity
Crowdfund close date - 22 October 2020
2. Snoop
Snoop was created with the aim of saving every household in the UK at least £1,500 each year.
Snoop is an app that tracks your spending and advises you if you’re paying too much or there’s a price hike. It works 24/7, looking over your spending and spotting clever ways you can save.
Since launching in 2019, Snoop has:
Grown to over 100,000 downloads and 75,000 customers
Connected our customers to 50 banks and credit card companies
Delivered over 1 million ‘Snoops’ (money-saving and money-management tips) to their customers
Been voted a Top 50 Fintech in Europe
Key facts:
CEO - Dame Jayne-Anne Gadhia
Incorporation date - 31 January 2019
Target Investment - £5,000,000 (currently overfunding)
Investment type - Convertible (20% discount)
Valuation (pre-money) - £25M
Crowdfund close date - 30 October 2020
Matched funding applied from Future Fund
3. Stem & Glory
Stem & Glory is on a mission to disrupt both the world of plant-based food and the traditional hospitality model. Their omnichannel business model serves accessible plant-based cuisine, across a wide variety of channels, paving the way for healthier and more conscious ways of living.
Throughout lockdown, Stem & Glory developed new business models which spans in-store dining, delivery, click & collect, and ready meals. In 2020, Stem & Glory was awarded ‘Most Investable Concept’ by the Global Restaurant Investment Forum (GRIF).
Key facts:
CEO - Louise Palmer-Masterton (67% shareholding pre-investment)
Incorporation date - 16 November 2017
Target Investment - £40,000 (currently overfunding)
Investment type - Convertible (30% discount)
Valuation (pre-money) - £2.4M
Crowdfund close date - 5 October 2020