Like the internet in the 1990s or social media in the early 2000s, NFTs will go down in history as one of the most significant things to happen in modern technology and culture at large. Big statement — I know — so let me tell you why I’m so excited.
Business
Doctify Raises Another $7.5M for its Healthcare Review Platform to Keep Both Patients and Providers Better Informed
70% of patients consider online reviews important when selecting a healthcare provider and 75% of people have searched for a physician online according to a recent survey from Patientpop. With reviews playing such a pivotal role in discovery, gathering reviews is not only essential as a marketing tool but also as a mechanism for clinicians to address issues that may be resulting in less than stellar patient satisfaction. Doctify is the tech-enabled healthcare review platform that provides both patients and healthcare providers with valuable insights. Founded by two physicians in 2015, the platform also offers patients the ability to schedule appointments and teleconsultations. Doctify is offered on a subscription basis to the healthcare provider and is free to use for patients. London TechWatch caught up with CEO and Cofounder Stephanie Eltz to learn more about the business, the company’s strategic expansion plans to further support its mission to keep both patients and healthcare providers informed, latest funding round from investors that include Keen Venture Partners, Amadeus Capital, Guinness Asset Management, and Tom Teichman.
Bea Fertility Raises $1M for its At-Home Subscription Fertility Treatment Service
The global fertility market is estimated to grow to ~$50B by 2030 with nearly 1/8 couples having trouble conceiving. Advances in technology are making reproductive health options more accessible from both a convenience and affordability standpoint. Bea Fertility is a healthcare startup offering at-home fertility treatments via a kit offered through subscription. Traditional fertility options like IVF need to be done at a fertility center and come at exorbitant cost. Bea uses ICI, a technique that’s similarly effective to other treatment options, but only costs £300/month. The company is focused on supporting the entire conception journey and offers ovulation tracking, guidance, and an expert network. Presently pre-launch, Bea is in the process of gaining regulatory approval and expects to launch by the end of the year. London TechWatch caught up with CEO and Cofounder Tess Cosad to learn more about the importance of making fertility treatments accessible, the company’s upcoming launch, strategic plans, and recent round of funding from Calm/Storm VC and QVentures.
Osu Raises £2.25M for its Payment Management App for Self Employed Individuals and Freelancers
Self-employed workers tend to sporadic income streams and managing cash flow is critical. With the advent of Open Banking, there are new opportunities to help these individuals optimize their balance sheets. Osu is a payment app built for the needs of the self-employed. The app lets businesses collect instant payments, invoice, and generate payment reminders all without any transaction fees. The company only charges a simple, flat monthly fee without the need for any hardware; Osu’s platform is able to collect payments via SMS. London TechWatch caught up with CEO and Cofounder Noam Nevo to learn more about the opportunity to support self-employed individuals with automation and smart solutions, the company’s future plans, and recent round of funding from investors that include Creandum, Ada Ventures, Charles Delingpole, Will Neale, and Michael Pennington.
ELEVEN SPORTS Acquires Team Whistle to Become a Sports Media Powerhouse
London-based ELEVEN SPORTS, the international sports content provider, has agreed to acquire New York-based Team Whistle, the global sports media and entertainment company. The terms of the transaction were not disclosed.
Intelligent Power Generation Raises £2M for its Flameless Ceramic Turbine Generator That Reduces the Dependency on Fossil Fuels
Industrial generators have long relied on diesel fuel in locations like a construction site where diesel is already being used and is readily available or on gas in deployments at oil fields, where the fossil fuel is abundant. The next generation of generators is being developed to work with renewable fuel sources. Intelligent Power Generation (IPG) has developed a 100kW Flameless Ceramic Turbine Generator that works with any type of renewable fuel (hydrogen or biofuel) without any pollution. The climate tech startup is the first to offer this fuel-flexible application that’s commercially viable in terms of cost for businesses. IPG is currently focused on powering electric vehicle infrastructure, grid balancing for use with solar and wind applications, and temporary power solutions. London TechWatch caught up with CEO Toby Gill to learn more about the work that has gone into developing the company’s pioneering technology, future plans, and latest round of funding.
RankedRight Raises $500K to Help Organizatons Prioritise Cybersecurity Vulnerabilities
According to IBM, the average cost of a data breach is $4M. The importance of addressing vulnerabilities is critical but 53% of companies spend more time navigating the vulnerabilities rather than fixing them. RankedRight has built a triage platform that allows users to establish pre-set rules that can automate ranking the various vulnerabilities threats a company is facing, allowing them to tackle the most critical issues. The platform integrates vulnerability data and scanners from multiple sources to ensure that RankedRight can work in tandem with an organization’s existing cybersecurity infrastructure. The company’s launch plan costs £1500/mo.
London TechWatch caught up with CEO Thomas MacKenzie to learn more about the inspiration about the business, the state of the cybersecurity vulnerability market, and the company’s recent round of funding from investors that include John Yeo, former CEO at Codebashing, Armando Romeo, Founder and former CEO of eLearnSecurity, and John Griffin who was previously Head of Games, EMEA at Amazon Web Services.
Axonius Raises Another $100M and Secures Unicorn Status for its Cybersecurity Asset Management Platform
According to IBM, the average cost of a data breach is $4M but only 29% of businesses have a cybersecurity expert on their IT team. As businesses use more and more data and as employees use more devices (the average employee now uses 2.3 devices), the potential liability increases each day. Axonius’ cybersecurity asset management platform gives enterprises a full inventory of their assets and ensures that these devices are properly being secured. The platform takes a holistic approach by integrating into existing cybersecurity tools and workflows and ensuring that all devices being used (whether physical or virtual) are compliant with the company’s security protocols. Founded by former intelligence officers from the Israeli Defense Force, the platform solves the fragmentation problem found in enterprises when it comes to security. AlleyWatch caught up with CEO and Cofounder Dean Sysman to learn more about the complexities in managing sound cybersecurity policies throughout an enterprise, the company’s future plans, and latest round of funding from investors that include Stripes, Bessemer Venture Partners, OpenView, Lightspeed, and Vertex.
What is Influencer Marketing? Guide On Growing Your Business
Gary Vaynerchuk shares some tips on how to approach influencer marketing in our marketing mix.
Solidatus Raises £14M for its Data Management and Data Lineage Platform
Marc Andreessen famously proclaimed in 2011 that “software is eating the world”. Fast forward to today and it’s data eating the world. Data is growing somewhat faster or much faster than other types of data in 71% of enterprises according to Western Digital. By 2025, there will be 175 zettabytes (10,000 TB) of data. Solidatus is a metadata management and data lineage platform that’s focused on how enterprises view, manage, and understand their growing mounds of data. The company focuses on letting its customers harness the data economy, whether it’s for compliance, governance, introducing efficiencies, or even digital transformation efforts. Solidatus is currently used in a variety of industries including pharmaceuticals, banking, aerospace, manufacturing, consulting, and telecommunications. In 2020 alone, the company was able to quadruple its revenue as the pandemic introduced new complexities for data management across location and geography. London TechWatch caught up with Cofounder Philip Miller to learn more about the company, its future plans, and recent round of funding from investors that include AlbionVC, HSBC Venture,s and Citi.