Incredible Raises $1M for Automated Mobile App, Targeting Consumer Debt Management

Incredible Raises $1M in Pre-Seed Funding

Key Highlights:

• Funding: Raised $1 million in Pre-Seed funding from various investors, including Mark Ransford, Atomico angels, A16z scout, and Techstars.
• Automated Mobile Platform: Provides an automated mobile app that helps consumers track, manage, and repay their credit card debts.
• Features: Offers features like Roundups, which turns spare change into interest savings, and IncrediPay, which provides a consolidated monthly payment for debt repayment.

Incredible's Target Market

• Consumer Debt Management: Individuals looking for a convenient and automated solution to track and manage their credit card debts.
• Interest Savings: Consumers interested in reducing their interest payments and finding ways to save on credit card debt.
• Expansion to Other Credit Products: Future plans to expand the platform to cover a wider range of credit products, including loans, car finance, BNPL, and mortgages.

What Incredible Needs to Buy

• Technology Development: Investment in technology development to enhance the mobile app's features and capabilities.
• Partnerships: Collaborations with financial institutions and credit providers to expand the platform's coverage of credit products.
• Marketing and User Acquisition: Strategies and resources to attract and onboard new users to the Incredible platform.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.