Impact Investing: doing well by doing good
9 April 20
9 April 20
At Triple Point, we’re proud of the initiatives our portfolio companies have launched to help support those affected by the COVID-19 crisis. Take a closer look at these creative responses from our brilliant entrepreneurs! If you, your company or someone you know may benefit from one of these initiatives, please get in touch with the Triple Point Ventures team at email@example.com, and we’ll make the relevant introductions for you.
CREDENTIALLY, a tech platform that streamlines the hiring, onboarding and compliance for healthcare workers, is offering its services free to the NHS and any UK healthcare organisation seeking to build an emergency workforce to fight the Coronavirus.
CREDIT KUDOS, which measures creditworthiness based on users’ online banking behaviour, has set up Covid Credit, an income checker to help the 5 million self-employed that are unable to register themselves as furloughed workers to qualify for relief from HM Government. Covid Credit intends to allow these individuals to generate a self-certification of income loss, which can then be sent to HM Revenue & Customs.
HEYDOC, a company that provides a modern patient management system for clinicians and medical staff, is providing free video consultations for all HeyDoc users during the Covid-19 crisis.
LEARNERBLY is offering its learning and development platform for free to furloughed employees of businesses that have had to furlough 20+ employees, so that those furloughed employees can continue developing their skills whilst being off work.
WE ARE DIGITAL is providing training to vulnerable people with limited digital skills, so that they can combat health and financial worries that have increased as a result of the coronavirus.
LIVIAS, which makes delicious natural, vegan, gluten and diary-free treats, is sending free 'care packages' of Livia's treats to any NHS worker who requests them.
QUIT GENIUS is giving employees of new clients access to its digital tobacco and vaping cessation programme at no cost to their employer, if they sign up in March and April 2020. According to the WHO, smokers have an increased susceptibility to COVID-19. Quitting smoking is one of the best ways to protect yourself from the effects of Coronavirus.
Triple Point was recently verified by Beauhurst as “actively investing” during the Coronavirus pandemic – and we have closed two investments in the last fortnight. We understand the uncertainty startups are experiencing at the moment.
Please do get in touch if you are a pre-Series A business looking for funding and we’ll see how we can help. Our ticket sizes range from £200k to £1m (and we usually lead or co-invest in rounds of £500k to £2m!). We are actively looking for exciting B2B or Impact businesses that have early product-market fit and are looking to scale.