12 UK startups selected to pitch to investors at Downing Street

Details have been released of the 12 startups that entrepreneurship showcase Pitch 10 will be taking to 10 Downing Street this year.

The finalists that made it through to this year’s Pitch 10 event have been revealed and twelve digital companies from all over the UK have been selected to pitch their businesses at 10 Downing Street later this month.

During the event, the selected companies will attempt to captivate leading UK investors and policy makers with their firms at the iconic London address on February 20. The event aims to foster the relationships between prospective partners and budding businesses.

“This year’s Pitch 10 competition provides further proof that digital businesses with diverse specialisms are thriving across the UK,” said Gerard Grech, chief executive officer of Tech City UK.

Firms that have been selected come from a broad range of sectors and stages, such as young startups like GeoSpock - a platform for location-data-based searches, to growth stage scale ups like FreeAgent - accounting software for freelancers and small businesses.

The companies chosen to pitch are:

Big Data 4 Humans (Scotland)

Cocoon (N England)

Delver (N England)

FreeAgent (Scotland)

GeoSpock (S England)

Nutmeg (London)

Rainbird (S England)

Schoop (Wales)

SendMyBag (N Ireland)

ShowMyHomework (London)

Titan IC (N Ireland)

Veeqo (Wales)

The businesses were selected by an independent advisory panel of industry experts and those that made the cut will be representing what the UK has to offer in the digital sector.

“Showcasing the breadth of talent from across the UK’s clusters will be a factor in raising awareness and driving investment. Pitch 10, with Tech City UK, is a great example of how we can contribute to achieving that goal,” said Mr Grech.

Britain’s digital sector is booming and is fast turning the nation into one that revolves around tech. A recent report highlighted that 1.46 million people in the UK work in the digital and technology sectors, which accounts for around 7.5 per cent of the entire workforce, data from Tech City UK showed.

“The UK’s digital economy is thriving. Venture capital investment in London’s tech companies alone is 20 times what it was five years ago,” said Mr Grech in the report.