Propel Wellbeing

Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

I Agree

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PROPEL WELLBEING

An employee wellbeing platform enabling organisations to take a proactive and holistic approach to employee wellbeing.

£ 100,000

0 Days left

29% of minimum goal raised

Alex Bentley

Minimum Target

£ 350,000

Minimum investment amount

£ 5,000

Maximum Target

£ 500,001

Maximum investment amount

£ 500,000

Investment Opportunity

GoVida enables organisations to build effective wellbeing strategies through a tech platform that is both accessible & relevant to all employees. By targeting (& already achieving) user adoption of 70%+ across the organisation, our vision is to become the point of convergence for HR to interact with the business; the conduit for employee wellbeing, benefits, rewards & communications. The strategic objective is to enable organisations to deliver a differentiated employee experience that brings people together, builds a positive culture with wellbeing at the core & empowers people to improve personal productivity. Our aim is to grow the current user base from 18,000 to over 290,000 by 2024.

LIVE PITCHING

GoVida at Angels Den's HealthTech Pitching Event

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THE IDEA

Products & Services

The GoVida employee app has been designed from first principles to enable organisations to take a proactive & holistic approach to wellbeing by recognising the importance of appealing to a diverse blend of people with different interests & needs. By blending different “pull” factors including gamification, teambuilding challenges, rewards, relevant content, & charity incentives, GoVida gives individual users an accessible & personalised wellbeing journey that enables every member of the team to feel valued & to perform at their best.

The GoVida Admin Portal has been developed for enterprises enabling them to integrate all their wellness initiatives under one unified platform.

Problem Solved

Traditional employee wellbeing benefits have tended to be reactive with low engagement & without a unified mechanism to drive wellbeing initiatives. GoVida takes a different approach. By repositioning wellbeing as an integral component of professional development that improves both work/life balance & personal productivity & by making engagement with the platform both interesting & fun, GoVida creates a positive experience for all users. With very high levels of user-adoption, the platform also becomes a valuable source of insight on the health, wellbeing, & engagement of the workforce as well as providing a unified & fully integrated channel for communicating the people proposition.

Revenue Model

Primary revenue is accrued on a subscription model based on eligible users providing a recurring income with businesses signing up to an annual or multi-year commitment. Non-recurring revenue is accrued through a one-off implementation fee and we do enable customers to sign up and run Team Wellbeing Challenges where the platform can be licensed for a shorter period of time (typically 1-2 months). Which also provides an entry point for a full annual commitment upsell.
Additional revenue opportunities exist in providing services such as wellbeing webinars, events, etc as well as commissions from content and reward providers based on consumption.