Here’s our pick of companies raising investment on Angel Investment Network at the moment.
From launching podcasts, to helping you select the most appropriate emobility solution, or a modular sofa that will actually fit through the front door, these are the startups that are solving meaningful problems with capable teams, and a clear route to market.
Auddy
Whilst starting a podcast may seem deceptively easy, actually launching it successfully, building a user base, maintaining growth and monetising it, are a lot easier said than done. That’s where Auddy comes into help.
Auddy is one of the UK’s leading podcast publishers. Using cutting-edge data and analytics, they make the business of podcasts hassle-free. They work with top creators to produce and market premium shows before distributing them to all major platforms. They then provide advertising and sponsorship sales, paying properly meaningful royalties back to the creators.
Controlling the end-to-end process means they can also produce private shows for corporate’s internal employees or leading branded content for a company’s content strategy. These are high margin jobs and provide a diversified revenue stream beyond pure consumer publishing.
Key Facts
Founder has numerous IPOs and exits, including for Virgin
B2B clients including Vodafone and Open University
Acquired leading UK branded podcast publisher – Radio Wolfgang
‘Auddy has an incredible team behind it, driving a sophisticated business model in what is a rapidly expanding market space. We were hooked from the off and we think it’s an exciting opportunity for the network!’ – Sam Louis
Find out more about Auddy here.
Electric Rider
In big cities, suddenly electric mobility solutions are appearing everywhere. Electric Rider is an online marketplace selling emobility solutions from ebikes to escooters, even electric unicycles.
The trend for the electric revolution appears to be getting strong momentum, buoyed in part by London and other major cities introducing low emission zones.
Electric Rider makes it easy to find the most appropriate electric mobility solution for the user – with a ‘help me choose’ solution finder, as well as flexible payment options.
Key Facts
The emobility market is forecast to grow at 20% year on year
Electric Rider achieved £1million gross revenue with 30% margin in first 18 months
Over 55 brands in stock and growing
‘Impossible to ignore what they have achieved in such a short space of time. Along with the current move towards electric transportation in cities it was a company that I really wanted to help raise.’ – Xavier Ballester
Find out more about Electric Rider here.
Cozmo
Ever ordered a sofa with a long lead time only to find it didn’t fit through the door? Or pulled a muscle in your back trying to lug a sofa up the stairs? Cozmo is a new type of sofa company, reinventing what sofa purchasing should look like – modular and delivered in a box. It’s also a sustainable solution, allowing easy changes to both configuration and also its design with changeable top covers.
Key Facts
The emobility market is forecast to grow at 20% year on year
Electric Rider achieved £1million gross revenue with 30% margin in first 18 months
Over 55 brands in stock and growing
Find out more about Cozmo here.
Keen to hear more?
If you would like to see what other companies are up to on Angel Investment Network, or are interested in raising funding yourself, you can find your local network here.