5 hot London start-ups you should watch out for

Crowdcube co-founder Luke Lang on the capital’s top emerging businesses

1.      Adzuna

Adzuna, the UK’s fastest growing job search engine, lists over a million jobs and receives over six million visits to its site each month. Backed by three of the UK’s leading venture capital firms (Index Ventures, Passion Capital and The Accelerator Group), the company has a projected revenue of circa £5m in 2015. Currently pitching for investment on Crowdcube, the company has so far raised £1.5m following investment from over 400 people. Adzuna has already expanded into 11 countries and is led by a team of executives hailing from the likes of eBay, Zoopla and Gumtree.

Company website: http://www.adzuna.co.uk/

Crowdcube pitch page: https://www.crowdcube.com/investment/adzuna-18820

2.   JustPark

JustPark is taking parking into the digital era. Its pioneering platform connects people with un-used parking spaces and driveways with drivers looking for a convenient space to park. With access to a network of 150,000 parking spaces across the country it takes the hassle out of parking, making it cheaper and easier than ever while giving parking space owners a platform to monetise their parking space. Backed by BMW and Index Ventures and now nearly 3,000 investors from its recent crowdfunding campaign, JustPark is on a mission to make parking stress-free, and our cities function better.

JustPark tripled its investment target on Crowdcube, raising £3.7m in just 34 days following investment from more than 2,900 people.

Company website: http://www.justpark.com/

3.    Pavegen

Pavegen’s technology converts footsteps into electricity to power services in high-footfall locations. Founded in 2009, the company has already delivered over 100 projects, including Heathrow Airport and Harrods, across 30 countries, generating a cumulative revenue of over £2.5m. Pavegen is a market leader in the kinetic floor harvesting industry, of which the energy harvesting market as a whole is projected to reach a value of £4.2bn by 2019.

Pavegen is currently crowdfunding on Crowdcube. So far the company, which is still open to investment, has raised over £1.4m thanks to over 1,200 backers.

Company website: http://www.pavegen.com/

Crowdcube pitch page: https://www.crowdcube.com/investment/pavegen-19189

4.    Powervault

Founded in 2012, Powervault has developed the UK’s first fully integrated domestic energy storage system, which stores free renewable energy and releases it at night when household demand peaks. It aims to become the leading UK supplier of home energy storage appliances, helping customers and the UK cut energy costs, increase energy security and reduce carbon emissions. The company, which plans to sell 50,000 home energy storage systems by 2020, recently raised £700,000 on Crowdcube in just three and a-half days following investment from the government-backed London Co-Investment Fund, which is investing £5m through Crowdcube and Future Matters.

Company website: http://www.powervault.co.uk/

5.   easyProperty

easyProperty, the latest venture from Sir Stelios’ easyGroup, offers individually priced property services. Founded by Sir Stelios and Robert Ellice, a property entrepreneur with 20 years’ experience, the company’s management team have senior level experience at the likes of Zoopla, FindaProperty, Prime Location and Expedia. easyProperty raised over £1.3m on Crowdcube in 2014 following investment from 376 people.

Company website: https://easyproperty.com/

Luke Lang is co-founder of Crowdcube

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