This ‘insurtech’ start-up uses technology to deliver online insurance and detect fraud. It offers insurance policies to renters and people in house shares, as well as homeowners, and has amassed more than 100,000 customers since it was founded in 2016 by Jimmy Williams and Greg Smyth. This May, the London-based company secured £16.5m in a funding round led by North American investor Intact Ventures and the Ingka Group (the world’s largest IKEA franchise), bringing total funds raised to £32m.
Being an entrepreneur is probably the worst way to make money…you have to be in it for the adventure!
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PerfectTed is a London-based company behind Europe’s first matcha-powered energy drinks. It was co-founded by Marisa Poster and brothers Teddie and Levi Levenfiche in April 2021. Its drinks are currently stocked at over 3,000 locations in retailers such as Tesco, Holland & Barrett, and Planet Organic. The company are also the exclusive matcha partner to […]
How we grew by 400% and hit 7th in the Fast Track 100
400 and 25,000. In the Ooni story, these two numbers stand out like haggis on a Hawaiian pizza. The first is the company’s percentage growth over the past 12 months. The second is the minimum starting salary for new Ooni employees in the UK. Few companies exhibit such steep growth or raw recruitment power, so how has this Edinburgh-based hardware company done it?
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Stay unbelievably close to what your customer wants.” This simple piece of advice helped to propel Clare Hornby’s fashion brand ME+EM from a “naive idea” to a £40m-turnover business. “The key thing is to get your product right – and you only do that by understanding your customers,” she tells FEBE…
‘The reality of being a founder…you make it up as you go along!’
Passenger Clothing sells durable outdoor clothing and accessories directly to the consumer. Based in the New Forest, it prides itself on being a responsible brand rooted in nature, connection and wellbeing. The company promises to plant a tree for every order and uses lower footprint materials like recycled cotton, hemp, recycled plastic and organics. In addition, its headquarters is powered by UK-generated renewable electricity.
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For Ian Wilson and the Wattbike team, there was only ever one goal – to build the world’s most accurate indoor training bike. They were well-equipped for the challenge. “Competing in elite sport makes you single-minded,” says Ian, a former rowing world champion. “It’s a vital attribute in business, too…”
How we blagged meetings with buyers to build our brand
Husband and wife team Manav and Rimi Thapar started LoveRaw: a plant based chocolate brand with £600 and a food processor. Today, the confectionery is sold in 20 countries, and stockists include Asda, Coop and WH Smith. LoveRaw secured £2m of funding from investor Blue Horizon Ventures in 2020, after rejecting an offer in the BBC’s Dragons’ Den.