Why does Kidney Beam need investment?
First of all we’d like to thank everyone who has been part of Kidney Beam’s incredible journey so far, and we're genuinely excited for what lies ahead. As we embark on the next phase of our journey, we want to be transparent, and answer your questions.
When we launched in the midst of the COVID-19 pandemic in 2020 we knew there was an imminent, and overwhelming need. What we didn't fully grasp at the time was just how fragmented kidney lifestyle management was, and the immense demand for a digital platform tailored specifically to kidney health.
We owe our current success to the unwavering support of the kidney community. The guidance, advice, and financial backing from all of the community has been integral in getting us to where we are today. We invite you to join us as we continue to innovate, collaborate, and advocate for improved kidney health outcomes. Together, we can make a difference.
Why does Kidney Beam need investment?
The short answer is we are a mission to continue helping as many people as possible live well with kidney disease, while keeping Kidney Beam free for all users in the UK. To do this we need to be able to become self-sufficient in generating our own revenue.
Through research trials, and invaluable feedback from our Kidney Beam community and Champions, we've identified key areas for improvement such as enhancing support for existing users, refining our product so we can personalise the content to the person, and hopefully start to reach people across the globe.
So far we've successfully delivered an ambitious programme of research and clinical implementation activities with a team of just 3 people while heavily relying on the goodwill of volunteers who have generously donated their time and expertise.
The investment we are raising lays the groundwork for Kidney Beam's growth and development, providing the necessary resources to deliver our mission.
How can I own a part of Kidney Beam?
If you choose to show your support for Kidney Beam via our crowdfund with Crowdcube, this is an investment. You will become an investor in Kidney Beam. This means you will have a share of ownership, equity of our business. Your shares in Kidney Beam, will be held by a nominee. That nominee is Crowdcube Nominees Limited.
This means Crowdcube will hold the shares on trust for you – the beneficial owner – and Crowdcube will administer the holding by the terms set out in their Investor Terms to safeguard your rights and entitlements.
Although Crowdcube will hold and manage your Kidney Beam shareholding, you still get all the benefits of being a shareholder:
Stay in control with votes on key decisions.
Access pre-emption and follow-on rounds.
Keep updated on key developments.
Fully managed service when your shares are acquired or pay a dividend.
To learn more about how a nominee works, and what that means for your investments visit this crowdcube link.
How are you raising the investment?
As an early stage health-tech start-up we are currently at a “seed” phase of investment. This means we are looking for investment from strategic investors who will not only help us reach our unding goals, but can also help us deliver our mission.
How can I invest in Kidney Beam?
We’re partnering with the crowdfunding platform CrowdCube to raise funds, so if you're interested in investing in Kidney Beam. You can already pledge your support here www.crowdcube.com/early-access/kidney-beam.
What is crowdfunding?
There are several types of crowdfunding, but we have chosen to crowdfund via Crowdcube. This type of crowdfunding is an equity crowdfunding platform. Kidney Beam could not have got to where they are today without the kidney community, and that’s why we have chosen Crowdcube. Because they allow people to fund a business they most believe in and would like to see succeed.
If you choose to invest in Kidney Beam via Crowdcube you become an investor in us. As an investor, you get to help us on our mission to help as many people as possible live well with kidney disease as well as potentially gain a financial return on your investment. You invest your money in return for part ownership—or equity—in Kidney Beam. To understand more about crowdfunding, visit this site page.
What type of shares will you be offering via your crowdfund raise?
We will be offering Ordinary Shares (OS). This means your shares will be held for you by Crowdcube Nominees Limited.
Will my investment offer dividends?
In short no. If Kidney Beam is bought by another company, or goes public at a higher value than it was when you first invested, you’ll get a return on your investment. However, the opposite is also true. If Kidney Beam fails, you may lose some, or all, of your investment.
How can I find out more about Crowdcube, and crowdfunding, before I decide to support Kidney Beam?
Crowdcube have a comprehensive set of FAQs which will cover a lot of your questions. Check them out here.
How much does Kidney Beam want to raise?
We are currently looking to raise up to £2 million so that we can improve our user offering with personalisation and mutli-device access, as well as help more people living with kidney disease.
What will the money be spent on?
Once we secure full investment in the seed round, we'll channel our efforts into three key areas to drive our mission forward over the next 18 months.
Complete a UK-wide roll-out and reach NHS commissioning within 18 months
Free at the point of use - maintain and expand free access for all UK kidney disease patients, expanding from NHS England regions to include Scotland, Wales, and Northern Ireland.
Build a network - continue to build a clinical network and NHS buy-in at regional level to promote and sustain clinical and patient engagement.
Build a team - create salaried positions for the leadership team to strategically steer the business to NHS commissioning.
Improve and optimise patient experience
Create an app - help users change behaviours with push notifications, reward badges as well as downloadable content.
Increase accessibility - create access to the platform from Smart TV, different mobile devices as well as subtitles on all content.
Personalisation - Enhance users' kidney care journey with AI and machine learning to tailor content based on data-driven insights to the user.
Expand our commercial offering
First non-nhs healthcare payer - so more people have access to Kidney Beam
Secure industry partner -implement a secure way to use data to build complementary products to help more people live well with kidney disease
Global research - launch a US research study
