2018 Maserati 100 list: VCT and EIS-backed companies
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At the weekend, Maserati published the “2018 Maserati 100” in conjunction with The Sunday Times. Now in its fourth year, the list celebrates one hundred “game-changing entrepreneurs” who have had a big idea and converted it into a successful business.
Many of the companies on the list will be familiar to investors, as they have received VCT or EIS funding. Here’s a roundup of some of these success stories.
Octopus Titan VCT
At least three of the companies featured on the list have received funding from Octopus Ventures, the venture capital team behind Octopus Titan VCT.
Streetbees was created in 2015 by University of Cambridge graduate Tugce Bulut to revolutionise how market research is carried out. Rather than relying on questionnaires or surveys, Streetbees pays a million ‘bees’ to record their interactions with brands by taking photos and videos of the products, services and habits of their daily lives.
Its clients include L’Oreal, PepsiCo, Unilever, Vodafone and Dyson.
Trouva is an online marketplace for independent boutiques. It helps bricks and mortar stores compete with online giants such as Amazon or John Lewis, without having to create an e-commerce site and handle the complex logistics of selling online. Launched in 2015, Trouva is now used by over 350 independent retailers.
Fluidly is a FinTech startup that aims to transform how SMEs manage their cashflow by using AI and machine learning.
Octopus Titan VCT is not currently fundraising. A new offer may launch after the summer. You can register to receive an alert.
Puma VCT 13
Brewhouse and Kitchen
Brewhouse and Kitchen was founded in London in 2011. The idea was simple: buy disused buildings and convert them into pubs. Today it owns and operates 20 pubs across the country.
Puma VCT 13 is currently open for investment.
Mowgli Street Food
Mowgli Street Food is a chain of Indian street food restaurants. It was launched in 2014 with the idea to redefine the curry stereotype. According to owner/founder Nisha Katona, Mowgli’s dishes convey the truth of real Indian food: they are extremely healthy, often vegan and always packed with fresh flavour. The chain currently includes five restaurants, with a sixth expected to open in Autumn 2018.
Foresight VCT is not currently fundraising. However, the Foresight 4 VCT is open for subscription.
Oxford Capital Growth EIS
Push Doctor is a digital health business, allowing patients to have video appointments with GPs via its mobile app or website. Patients can see a GP in as little as 6 minutes. The company has a network of more than 7,000 GMC-registered GPs who fit time on Push Doctor around their daily lives and normal NHS and private practice work.
Users can pay per appointment or join on an inclusive monthly subscription. Doctors are available from 6am to 11pm, seven days a week. At the end of the consultation, the GP can provide a prescription, a sick note or a GP referral – charged extra for pay-per-appointment patients. The fees are split between the GPs and Push Doctor.
Founded in 2010 and based in Dundee, Scotland, Outplay Entertainment is the UK’s largest independent mobile games developer in the UK. Its games have received over 100 million downloads, have been featured repeatedly as Apple’s Editors’ Choice and have received a BAFTA nomination.
Oxford Capital Growth EIS is open for subscription. Please note that due to the nature of EIS portfolio funds, new investors will not necessarily see funds invested into these companies unless follow-on investments are made. New money will be deployed into new and follow-on investments.
Seneca EIS Portfolio Service
SuperCarers is an online matchmaking service for people in need of care (or their families) and vetted, reliable, local carers. It was founded in 2012 by brothers Adam and Daniel Pike after witnessing the difficulties their mother encountered when trying to arrange care for their dementia-suffering grandmother.
Seneca EIS portfolio service is open for subscription. Please note that due to the nature of EIS portfolio funds, new investors will not necessarily see funds invested into these companies unless follow-on investments are made. New money will be deployed into new and follow-on investments.
MMC Ventures EIS Fund
Bloom & Wild
Bloom & Wild was launched in 2013. It’s an online florist with a difference: rather than relying on the recipient to be at home to accept the delivery, Bloom & Wild can deliver flowers and plants in packaging that fits through the letterbox.
MMC Ventures EIS Fund is open for subscription. Please note that due to the nature of EIS portfolio funds, new investors will not necessarily see funds invested into these companies unless follow-on investments are made. New money will be deployed into new and follow-on investments.
Please note: the success of the companies mentioned is not an indication they will continue to be successful. Nor is it a guide to the performance of the overall portfolio or fund of which they are part. VCTs and EIS investments are high risk investments and are not for everyone. Please carefully read all the offer documents before investing, to ensure you fully understand benefits and risks.
Wealth Club aims to make it easier for experienced investors to find information on – and apply for – tax-efficient investments. You should base your investment decision on the provider's documents and ensure you have read and fully understand them before investing. This review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.