Top 10 UK Undiscovered Startups

With 82 successful exits in 2015, according to the European Tech Exits Report 2015, the UK, and London in particular, are two of the brightest startups hubs in Europe, and praised for their innovation.

Equidam conducted a survey & we would like to highlight 10 startups, out of a large number, that are growing under the radar. We believe they deserve to be discovered, and who knows, maybe one day they will become the champions of the UK and European economy!

Why these companies?

Compared to 350 other startups, these companies displayed exceptional performance on important success factors – strength of the team, size of the opportunity, competitive environment, etc. – while not being on the radar of investors and media websites.

Most competitions are biased towards companies that reached the largest number of milestones. We tried to avoid this bias, and reward companies on abnormal performance no matter their development stage.

So here it is:

The top 10 undiscovered startups from the UK:

#1| MishiPay

MishiPay’s technology allows in-store shoppers to simply pick up a product, scan the barcode with their phone, pay within their phone using the MishiPay app and walk out with the purchased products. Thereby, completely eliminating queuing from the point of sale. Using cloud computing, we enable seamless integration with current systems of retailers making the on-boarding process quick and highly user friendly.

#2| Andiamo

Andiamo creates custom medical braces called orthotics for children with disabilities. We cut the wait time from 6 months to 1 week to receive a brace by using our advanced family designed service, 3D scanning, 3D printing, and big data. Our mission is to deliver a medically effective brace to every person, within 1 week of their need.

#3| Rendeevoo

You.Me.Drinks.Now
The first mobile app that enables real conversations at a great place with someone new.

#4| Cronycle

Cronycle is a collaborative research platform. We know the Internet is full of amazing articles. But it’s hard to get the best info in a place where you can make decisions. We make this process easier. Transform the way you research through: content discovery, annotation, and collaboration

#5| Hillgate

Hillgate is a global talent marketplace for top-tier business talent. We are creating a new type of human resources marketplace where companies can access highly-skilled freelancers to work on strategic projects or fixed-term assignments to support their business.

#6| Recyclabox

RecyclaBox is a self-service machine allowing consumers to conveniently sell their unwanted electronics. After attaining proof of concept through trading in Sainsbury’s superstores, RecyclaBox is preparing to roll out across the UK. We have created a service that extracts the re-sale value of household items and provides convenient re-selling.

#7|Insight Residential

Insight Residential provides big data and analysis of property markets. Using the system, property developers and investors can use the centralised database to cut their research time by 90%, and can more accurately understand trends, risks and opportunities across the market, resulting in a 5-6% improvement in return on equity.

#8| One Third Stories

One Third Stories makes learning a language as simple as reading a story. One that starts in English and ends in a different language, by gradually introducing foreign words.

#9| Poppins London

Poppins is a new London App aiming to give London parents their social lives back. You can now find, book, review & pay fully-vetted childcarers in their area, saving them as favourites for next time.
With a large number of sitters on their books, help can be on your doorstep in as little as 1 hr!

#10| Board a Boat

Board a Boat is an online peer-to-peer boat hire marketplace that connects people who want to get out on the water with boat owners and marine professionals.

Recommend a startup!

Do you know any European startup that should be part of this or the next lists? Let them know! On twitter with #discovered #startups!

_______________

Sharing is caring so please share this post. Thank you!

Photo credit: Moyan_Brenn via Visualhunt.com / CC BY