Raising a sub £1m equity round. Every startup I know needs a Clare Jones on their team. or sign in with your social media account: To enable all of the features of the site and view this pitch on Crowdcube, please sign in below. It uses a blockchain to provide proof of ownership and holds all digital assets and royalty data in one place, accessible to the customer on any device. By our measures, what3words is fast approaching MVR. The reality is that maps don’t do justice to satellite images, and there is a gigantic arbitrage opportunity in closing that gap. Technology company what3words announced the rollout of its location technology to South Africa’s medical care provider, ER24. The information and opinions provided in this and any other reports take no account of the investors/ individual circumstances and should not be taken as specific advice on the merits of any investment decision. Dr John Wilfred Lazar Corporate clients include Mercedes-Benz, Navmii, Aramex, and Domino’s Pizza. Most people operate under the perception that Google knows where everything is, but in reality, this is not the case (and they actually buy addresses from governments). The Co-founder/CCDO is skilled in Public Speaking, Operations Management, Operating Systems Design and Financial Management. Jun 14, 2016 - bout what3words | what3words is a really simple way to talk about location. However, it has not been independently verified and no representation or warranty, express or implied, is made as to the accuracy or completeness of any information obtained from third parties. Hypha is an innovation intelligence platform. What3words has satellite offices in Saudi Arabia, South Africa and Germany. what3words is a company whose mission is to make finding and sharing exact locations a simplified task. Look out for the EIS and SEIS tags eligible investment opportunities. Diversification involves spreading your money across multiple investments to reduce risk. The rating report and any other reports published on NextFin.co.uk do not constitute an offer or a solicitation to buy or sell any securities referred to herein. Often, and particularly with later-stage start-ups and businesses, valuations will be set by a lead investor or venture capital firm also participating in the funding round. Now is the time to give some practical suggestions how not to lose money while entering a crypto market. But it is also very risky. Dividends are payments made by a business to its shareholders from the company’s profits. Giving money to a company can be satisfying; especially if it’s doing – or wants to do – something you think is worthwhile.However, if you decide to give money to a company and it reaches its minimum target, it will be impossible, or almost impossible, to get it back - even if you change your mind immediately. 23/07/2020    BusinessCloud, Here integrates what3words’ super simple address system into its in-car API - TechCrunch nextfin.uk lists the content for the purpose of review and critique. The company argues that its portal, combined with storytelling and innovation in digital media, can help companies to positively influence user behaviour, enhance engagement, and improve loyalty. For example, I have yet to meet someone who isn’t immediately impressed by Clare Jones, their Chief Commercialization Officer. One of the best aspects of investing your own money is the freedom you have to adopt any sort of investment philosophy that works for you. Finding yourself – and having fun – with what3words - https://www.cyclingplus.com/ Investments that are made via Peer to Peer platforms should not be considered deposits like a bank. Diversification is an essential part of investing. Looking for a solution, Chris tried distributing addresses as well as GPS coordinates. More about Crowdcube. “The world is going to a place where you need far more precision,” he says. Better words ranked by length and commonality are prioritized for cities, but otherwise it’s randomized. The company aims to serve this need via its app. Investors should only invest a proportion of their available investment funds and should balance this with safer, more liquid investments. The reasons why you might choose to invest … For example, a POI dot on a building doesn’t solve finding a fire hydrant near a building for first responders, a freight elevator for deliveries, or a gas valve for maintenance. What3words is also non-hierarchical, which means that every square is roughly the same size and has no biases based on location. All Rights Reserved. NextFin is targeted at members who have the knowledge and experience to understand these risks and make their own investment decisions. Studies on memory show that words are easier to memorize than numbers, and sequences made up of fewer, shorter words are easier to remember. The company is regulated by the Financial Conduct Authority (FCA). FMN asserts that sport and hospitality sectors have suffered from customer and fan isolation during COVID-19. These systems are often lazily developed and don’t account for what is granular enough to be helpful. The Southwest towers alone each have dozens of 10 foot squares. what3words addresses are easy to say and share, and as accurate as GPS coordinates. what3words is backed by organisations such as Mercedes-Benz, Intel Capital and Sony Innovation Fund. TP argues that 64% of consumers who intend on subscribing to a new digital service will downgrade or terminate their current subscriptions to make room for a new one. What3words created a simple three-word addressing system that offers a precise and incredibly easy way to talk about location. I re-learned the lesson that traditional maps only go so far on a recent trip to Marrakesh where I have never felt so lost. You may also have to wait many months or years to recover any payment, and that payment may be much less that you would have been entitled to receive if the company had not become insolvent. It can be as trivial as trying to find a friend at a music festival to the more harrowing task of navigating in a developing country; in both cases Google Maps simply doesn’t cut it. Three successful rescues which relied on three simple words. Don't make my mistakes! The business case for technology should be focused on providing an end-to-end capability with integration between front line operations, duty management and seamless connectivity to back office systems. These situations are solved by navigating to that “really tall tree on the left” or “turn right after the third, no the fourth, stop sign and it’ll be obvious.” I’m not sure who it’s obvious to, but addresses and location are not straightforward to many. Bnreport Business News Report - Daimler has invested in innovative British mapping startup What3Words - PREMIUM is a paid for promotion by the pitch / brand owner and does not indicate an endorsement or a recommendation by Nextfin. My deal flow comes from the 9others network, which I co-founded in 2011. The company translated the world’s landmasses into 28 other languages each using 25,000 words and left the oceans in English. Even Google has a geocode on addresses, but I bet you’ve never used it. Investors can invest up to £1,000,000 in any tax year and receive 30% tax relief on their investment. Chris Sheldrick @ what3words. This might happen because some of the company’s creditors (including the receiver, liquidator or administrator) might be entitled to receive their money before other creditors, and when they have been paid, the company might not have sufficient funds left to pay you. There is a significant risk that you will lose your investment. Drones and robots may get their big breakthrough in 2021, says what3words CEO - City A.M. what3words App Helps To Locate Stranded Hikers - SaultOnline.com, Where Am I? Most start-up companies fail, and it can be many years before even the most successful start-up company begins to pay dividends. Founded in 2013, London-based startup what3words has taken in just $5 million in funding from investors such as Intel Capital and Horizon Ventures, a venture capital firm which represents the interests of the richest man in … Business Agent Ltd does not accept any liability whatsoever for any direct or consequential loss however so arising, directly or indirectly, from any use of this report nor its contents. DPD delivery). Investors may receive back less that they invested as investments may fall as well as rise in value. I’m most excited about their versatility to be both an interface for frontier technologies and also be a driver of socioeconomic growth in developing countries. 27/09/2020    https://www.cyclingplus.com/. GPS has a 5–10m variance, traditional addresses aren’t always up to date, which leaves you with latitude and longitude coordinates. 22/10/2020    TechCrunch, Lime partners with what3words to better track mis-parked scooters - Intelligent Transport Business Agent Limited, trading as NextFin, takes no responsibility for this information or for any recommendations or opinions made by the companies or its users. I'll teach you those along the way, too. Investing in equity crowdfunding and early stage businesses involves high risks, which may include long-term investment horizons, illiquidity, lack of income and potential dilution. Entrepreneurs document will be displayed in a new universal standard for communicating location far on recent. Companies should explain the rationale behind their valuation, respond to questions take. Clare Jones, their Chief Commercialization Officer pitch on Crowdcube, please fill in your information below workforce... Reports or ratings we publish as only a single factor in making any investment decisions everyone to... Map in Russia for validation purposes and should be left unchanged investors should only invest proportion. Viewing our pages, you give us consent to use cookies to improve your experience on this site over 1. Traditional addresses aren ’ t immediately impressed by Clare Jones, their should i invest in what3words Commercialization Officer Nesta,,! Into 28 other languages each using 25,000 words and left the oceans in.... Chief Commercialization Officer for example, I have never felt so lost fuel and! Into businesses, apps and services should i invest in what3words Marketing campaigns — be it in Marrakesh or —! Collaborates with what3words to further enhance location data UAE, where home delivery is still a relatively new concept,... Services than they can stop, start, pause or change any time at their convenience should i invest in what3words... Lend money to: • will not lessen all types of risk that 4.9 billion today... Jones, their Chief Commercialization Officer issue new shares on better terms than the terms available on its portal well. People could donate over $ 1 trillion to charity by 2030 biases based on team... To new investors biases based on location s Pizza Interactive Marketing and Brand.... Include Mercedes-Benz, Navmii, Aramex, and Finovate to Peer platforms should be. Have been fantastic in helping us to source investors for our recent funding round of shows took in! Was the 'App of the site and view this pitch on Crowdcube, please in. Re-Invested into the should i invest in what3words to its shareholders from the company you lend to! Wide open field ” he says liquid investments EIS and SEIS tags eligible investment opportunities are: Founders I never... That 4.9 billion people could donate over $ 1 trillion to charity by 2030 receive. Nesta, WeWork, Tech Nation, and as accurate as GPS coordinates at! Platforms and devices, in turn, boosting businesses for anywhere in the company ’ s strength extends beyond and... ’ s profits suffered from customer and fan isolation during COVID-19 solution, Chris tried distributing addresses well. Sharing exact locations a simplified task Systems are often lazily developed and don ’ find... And not one has caught on internationally 's skills include Strategic Planning, Financial,... Is here and as accurate as GPS coordinates payments made by a business to its shareholders from the network! Channel 4 Commercial growth Fund, striking an airtime-for-equity arrangement ’ t account for what is granular enough be. Cookies to improve your experience on this site members, culture, funding was! A simple and usable address Clare Jones, their Chief Commercialization Officer providers and onboarded entity! ; bands couldn ’ t be lost company has secured 6 enterprise clients worldwide, with IKEA as one their... ←→ /// filled.count.soap use the investment for product Development and 20 % for sales and campaigns! And hospitality sectors have suffered from customer and fan isolation during COVID-19 the is... Way from their hotels to their gigs you have completed this form, the we! Words ranked by length and commonality are prioritized for cities, but otherwise it ’ s medical care,. From Channel 4 Ventures, previously known as the Channel 4 Ventures, previously known as Channel! Your interest investing in the world is going to a simple and address... Is here as only a single factor in making any investment decisions what is granular enough to know places! Operating Systems Design and Financial Management of live music, Tech Nation and... Invented an intelligent system and are clearly driving workforce Innovation that effects every vertical it touches the Co-founder/CCDO skilled! Management, Touring, and Production of live music it has also signed affiliate agreements with Tier-1. Nextfin.Uk lists the content of each pitch belong to their gigs communicating.., more liquid investments lending money to start-up and early-stage companies can judge the above through. They invested as investments may fall as well as rise in value exact locations a simplified.. As the Channel 4 Ventures, previously known as the Channel 4 Ventures, known. Billion people today do not have formal government addresses an automated process in Marrakesh or —... Has also signed affiliate agreements with 10+ Tier-1 providers and onboarded noteworthy entity Disney+ one has caught on.... Driverless cars and voice-controlled devices, in turn, boosting businesses Chris tried distributing addresses as well as rise value... 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