Participated · Equity · Jun 2024

Tendertech’s core product, Hestia, is a privacy-first, wall-mounted sensor system that uses heat-sensing data and AI to record temperatures, daily movements, rest patterns and detect falls without using cameras. The founders, Afroditi Konidari and Rui Zhang, are remote carers with backgrounds in digital health, connected care and smart buildings and founded the company in 2017. Since inception the company says Hestia has detected over 5,000 fall-related incidents and early symptoms of frailty, enabling earlier intervention. Tendertech has previously received investment from Metavallon VC and a £1.4m grant from Innovate UK and UKRI’s Designed for Ageing challenge in 2022. The new funding will be used to support expansion into the broader social care market and to create opportunities in Europe, particularly in the domiciliary care sector. The company positions its offering as cost-effective, personalised and preventative remote monitoring for ageing populations. Tendertec builds a connected care platform (Hestia) and is developing FitBees, a digital fitness support service that combines Hestia, home sensors, wearable technologies, motivational encouragement and community connections. Hestia enables remote monitoring of daily living activities for people with carers. FitBees targets older adults—particularly under-represented groups who are less physically and digitally engaged—and uses a strong user-centred design process. The company has secured funding to support development: a £1.4m grant from UK Research and Innovation toward a £1.8m FitBees project. Tendertec is working with a consortium of partners including learning disability charity Hft, Community Housing, the University of the West of England and KYMIRA. At the conclusion of the study the start-up plans to launch its digital platform for widespread use in 2023.

Led · Series A · Aug 2020

Founded in 2019, Storm2 focuses on fintech recruitment, connecting organisations with talent across C-Suite and technical functions. Its specialised teams cover Product, Sales, Finance, Operations, Engineering, DevOps and Cyber Security. The founders are executives from a successful global recruitment company who used prior experience and networks to expand rapidly across Europe and North America. Storm2 has partnered with over 100 fintech companies and grew headcount from 1 to 40 in its first 12 months. Results in 2020 strongly outperformed the wider recruitment sector. The company has raised additional growth capital to fund further expansion into Asia Pacific and North America.

Led · Equity · Mar 2020

Rota operates an on-demand staffing platform serving over 1,000 registered enterprise clients using proprietary, algorithm- and machine learning-driven matching. The company provides vetted, compliant and highly engaged candidates who can be matched and accepted onto shifts within seconds. Led by CEO Stephen Segel, Rota’s technology was developed from several years of experience servicing enterprise clients and flexible staffing needs. The company closed a £3M funding round to support its financial position and growth plans. Proceeds are intended to increase revenue and client expansions and to further enhance its technology. Rota also plans to move into additional flexible staffing verticals in 2020. Rota provides a tech-focused app to supply high-quality staff to hotels, caterers, restaurants, venues, events and stadia. Launched in 2015 by Tom Williams and led by CEO Stephen Segel, the company operates in London, Birmingham, Manchester, Leeds, Edinburgh and Glasgow. Rota now has over 5,000 active members and supplies staff to partners including Intercontinental Hotels, Compass Group, Manchester Arena and Hearts Football Club. The company plans to use new funding to expand its UK presence and extend its service offering while advancing its current technologies. A key focus is developing market-shifting features to improve its ability to fill large numbers of shifts with high-quality staff. The business positions itself as a tech-first staffing solution for leading venues across major UK cities.