Eight week programme prepared businesses to secure first round of institutional investment
PwC has completed its second Raise programme for scale-up businesses in collaboration with The Accelerator Network and White Horse Capital. The programme worked with seven revenue generating B2B businesses looking to secure and negotiate their first round of institutional funding through a series of expert-led masterclasses.
At an investor pitch event following the completion of the programme, the scaleups pitched to an audience of over 80+ venture capital firms and family offices.
The programme is part of PwC’s new Raise proposition to help small enterprises become investor ready. The new service is geared towards companies with, or heading towards, a £1 million-plus annualised turnover and hoping to secure £1m-£10m in funding.
Over the eight week programme, the scale-ups took part in an investor readiness curriculum where they attended over 40 hours of workshops and receive coaching in areas such as financial modelling, strategy and valuation, helping each business to be ready to scale. By the end of the programme, the cohort had an investor ready set of documents and were prepared to effectively raise finance and are now being supported by PwC and White Horse Capital in securing their funding rounds post the investor pitch event, including assistance in negotiation and commercial insight on deals.
GPDQ is the UK's largest technology-enabled doctor visiting service, and works with insurers and employers to deliver a comprehensive range of primary care services in the workplace.
Pollen is a B2B payment platform built using Open Banking
360 Dot Net is a SaaS CRM platform which streamlines the financial advice and back-office processes for advisers of mortgage, protection and wealth products, and their clients.
EVA is giving corporate HR and recruitment firms the edge with an all-in-one solution wrapped in a smart user experience.
Fifty is a Marketing Technology Business using data science to transform how brands understand and engage their customers
CyNation is an Integrated Risk Management PaaS focused on managing the digital risks inherent in supply chains and digital ecosystems
Hughub has developed a digital platform that aims to help all types of insurance retailers to hyper-personalise their customer service and engagement, write more business and create loyalty.
Notes for editors
For more information about Raise Investment, please visit: www.pwc.co.uk/raiseinvestment
“Series A” funding generally comes from a small number of Venture Capital investors who typically invest around £1-10 million in exchange for equity in the first round of institutional funding for a company. The fund is named after the type of equity investors hope to eventually receive.
The Raise programme is the latest in a series of offerings from PwC that are designed to support startups and scale-ups. You can find out more about PwC’s other solutions for small and growing businesses here: https://www.pwc.co.uk/demandmore.
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