Category: Latest News

Recii is an automated candidate engagement platform utilising the latest Voice technology. The innovative voice driven solution along with their programmatic engagement funnel significantly improves candidate engagement rates and candidate experience. Recii automate the time consuming and repetitive tasks in the recruitment industry.

Elective Technology Ltd t/a “Recii” – a London based technology business developing proprietary voicebot technology to transform the Recruitment Industry.

Recii was founded by Gareth Christian-Lim, a successful entrepreneur and experienced software developer. It was developed to enable Recruitment firms to leverage the emerging technologies of AI, Voice recognition and programmatic engagement funnels, to significantly increase the profitability, capability, and productivity within recruitment firms, in-house recruitment and HR teams.

Angelgroups Martin Avison said, “We are delighted to have funded Recii. It is always great to support such businesses, especially companies with such global markets and where the core technology will easily transfer into other sectors. A great product with a fantastic team”

Recii Gareth Christian-Lim said, “In a noisy funding market, we are so glad we decided to go with Angel Groups. It was the right decision on so many levels, professionalism, support, coaching and ultimately funding. The added benefit were the types of investors within the group, they are fantastic and have already helped the business tremendously. Even through a pandemic and recession, Angel groups, supported and coached us to raise our investment. Highly recommend!”. 

Leeds Digital Festival is returning this September!

We are thrilled to say we will be running an event as part of #LeedsDigi20 on ‘The Do’s and Don’ts of Angel Investment’ which we are really excited about.

Their last Digital Festival was fantastic, we were lucky enough to attend quite a few of the online events and they were great. We can’t wait to get involved with their September festival, which we have no doubt will be another fantastic round of events.

In the autumn of 2019, UKBAA collaborated with British Business Bank to carry out the most comprehensive survey of the UK’s angels.

The report following this survey was delayed in its planned publication due to the emerging crisis under COVID-19. In view of this, British Business Bank and UKBAA felt that it would be valuable to obtain some additional insights and information from the angel community about their investments so far in 2020 and the impact COVID-19 may have had. This information will then be incorporated into the final updated report on the UK angel market which will be published in the autumn.

The insights and views of the angel community are especially valuable at this time. It will enable the British Business Bank and UKBAA to identify what further relevant measures could be taken at national or local level to support the growth of the angel market as we move into economic recovery.

We would be most grateful if our Angel members would support this additional UK Angel Market Survey here:

https://www.pwcresearch.com/uc/angelphase2reg/?a=25082

If you took part in the previous survey, you will be sent a unique link to click on from PwC Research if you gave them permission to email you, it will automatically link your responses to the previous survey. If you have your unique link from PwC please complete the survey using that link. However, if you cannot find it, you can still complete the survey on the link above.

The survey should take around 10-15 minutes to complete. It is much shorter than the previous survey and all data will be treated as confidential and aggregated in the final report.

Thank you for your support.

It was fantastic hearing more about The Investing in Women Code at yesterday’s webinar hosted by Jenny Tooth from the UK Business Angels Association. 

The Investing in Women Code is a HM Teasury sponsored programme designed to improve the access to finance for women, and to provide support to female entrepreneurs.

We fully support this initiative and are thrilled to be part of the bigger picture which looks to improve the outlook for UK women founders accessing investment.

Exciting news…. we are opening up a new Angel Group in Manchester!

We are really excited about the start of our new Manchester group, which will launch at the end of September. Manchester is a fantastic region with heaps of exciting entrepreneurial activity. We can’t wait to meet with local high growth businesses and introduce them to Investors who have a wealth of knowledge and experience at hand ready to support them with.

We are partnering with some fantastic firms; Weightmans, BDO and Brown Shipley, in the region and look forward to working closely with them as we grow our new group.

If you are an Angel Investor looking for investment opportunities or an SME business seeking funding and support, just get in touch as we would be delighted to hear from you.

Fantastic news… another Yorkshire business funded!

A huge well done to Nǎm Sông in securing their investment.

Born from a shared love of Vietnam discovered by a young couple travelling around South East Asia, Nǎm Sông is a multiple award-winning Vietnamese coffee shop and restaurant chain that aims to introduce a Western audience to the organised chaos of Vietnamese Street Food. Nǎm Sông opened in early 2017 and their first site was quickly voted as Sheffield’s best South East Asian Restaurant. The following year they were ready for their second site and have since evolved the Nǎm Sông brand into an all-day-all-night offering, which is the tried and tested model they aim to roll out across the UK within the next five years.

Founder, Jim Rose said “Going through the angelgroup process has been a fantastic experience, that has not only enabled us to secure the funding we needed to pursue our growth plan, but also challenged our way of thinking relating to how we operate as a business and also how I myself perform as an entrepreneur. The skills I’ve gained throughout the pitching process have increased my communication and presenting skills immeasurably, and the feedback gained from Angels following pitches has allowed us to identify key areas of our business proposition that we can improve. Of course the value in investment secured will be fantastic in terms of allowing us to achieve our goals, but what is arguably more valuable, is the collective business experience of the four Angels (and their contacts) who have invested into our brand and how their shared knowledge can be applied to help us improve all elements of our operations. If anyone is looking for funding to help grow their business then I would whole heartedly recommend the angelgroup process”.

Angelgroups Martin Avison said “It’s great to have been working with such an energetic founder with such a refreshing and new approach in the food and drinks sector. We are really confident that the Nǎm Sông brand is going to go from strength to strength.”

Yesterday was our latest pitching event for the Newcastle region and it was a fantastic session. We had four businesses from very different sectors and backgrounds pitching for funding and support, who all did a superb job.

Two of the businesses bought their current investors on the call so they could educate the group further on the investment proposition, which was a huge success. One of the best results of moving to an online solution is that we can welcome Angels from all over the UK to take part in our events.