Access EIS investments for May 2021

In May, SyndicateRoom added seven new startups to the Access EIS portfolio, investing alongside super angels in each case (for more on our super angels, and our co-investment model, see our dedicated page. Find out more about our fund, Access EIS, or read about our new portfolio companies below.

Oceanium.

Sustainably-farmed seaweed can provide numerous environmental, economic and societal benefits. Its use can reduce deforestation, sequester carbon dioxide, and provide food and bio-packaging materials.

Our angel partner in the round has a weighted IRR of 38% and has invested in Bulb, Mrs Wordsmith, and Rated People, amongst others.

Total Round: approx. £1,000,000

Stage: Post-revenue

ScaleXP.

The ScaleXP system provides Metric & KPI tracking for ambitious high-growth companies. Their tools combine customer’s relevant data sources into a simple single point of access that makes building and maintaining large spreadsheets and disparate data systems simple and efficient.

Our angel partner in the round has a weighted IRR of 84% and has invested in Swiftkey, HealX, and ViewRanger, among others.

Total Round: approx. £500,000

Stage: Post-revenue

RAD Footwear.

RAD Footwear is creating performance footwear, apparel and accessories for the CrossFit community. They’ve been designed by CrossFit athletes for CrossFit Athletes and are one of the first independently designed shoe brands specifically made for the sport.

Our angel partner in the round has a weighted IRR of 45% and has invested in Dojo, Primary Bid, and Elvie, among others.

Total Round: approx. £400,000

Stage: Post-revenue

Shrap.

Shrap is committed to supporting the future of cash by removing the need to handle coins. Users can Pay and be paid in cash, with no need for coins. Store and spend change on your phone or Shrap card, anonymously and for free which makes it more viable for businesses to continue to accept cash.

Our angel partner in the round has a weighted IRR of 37% and has invested in Novastone, ScreenCloud, and RotaGeek, to name a few.

Total Round: approx. £500,000

Stage: Pre-revenue

Oxwash.

Re-engineering the laundry process from the ground up; its award-winning laundry and dry cleaning service uses cutting edge technology to guarantee a world-class clean and service direct to customer’s doors with net-zero impact.

Our angel partner in the round has a weighted IRR of 28% and has previously invested in The Dots, WiseAlpha, and Plum, amongst others.

Total Round: approx. £1,750,000

Stage: Post-revenue

Rise & Fall.

The Journey To Exceptional Sheets Started With Bad Sleep and an idea to improve it. 1000s of hours of research, 100s of samples and four continents went into finding the perfect sheet that's manufactured in an environmentally and socially sound way.

Our angel partner in the round has a weighted IRR of 38% and has previously invested in Deliveroo, Playrcart, and Bricklane, to name a few.

Total Round: approx. £500,000

Stage: Post-revenue

EXi.

EXi is an evidence-based, NHS approved and award-winning app which analyses user health and fitness and prescribes a personalised physical activity programme. Exi are currently partnering with clinical and academic institutions to show the health impact of adding a digitally prescribed exercise intervention.

Our angel partner in the round has a weighted IRR of 90% and has invested in nutmeg, Purple Bricks, and Second Home, among others.

Total Round: approx. £1,200,000

Stage: Pre-revenue

You can see our full portfolio on our startups page. For further updates on our startups and investments, sign up for our newsletter here.