This funding round has closed
LegalTech: A revenue generating SaaS business with over 1,000 SMEs users. Helping 5.7m UK SMEs to comply with privacy regulations.
170% of minimum goal raised
Lead investor: Sarah Qureshi |
Minimum Target £ 150,000 |
Minimum investment amount £ 10,000 |
Maximum Target £ 500,000 |
Maximum investment amount £ 250,000 |
Seers is a Cybersecurity & Data protection leader in the UK. It’s a one-stop shop for businesses to gain access to an extensive range of GDPR & ePrivacy regulation compliance tools, designed to simplify compliance with the new data protection regulations. It is partnering with various Membership bodies, Businesses, Accountancy firms and has access to 300k businesses even at the very early stage business. Seers user number is growing 300% MoM.
Seers has launched 7 out of 14 technology privacy management solutions. Prices start from £10 per month.
1. GDPR Audit – AI application identifies risk and gives recommendations. The business gets a certification.
2. Cookie X-Ray - Over 50% of the company’s websites cookies hold data without consent. Identifies bad cookies, fixes and provides cookie banners.
3. Cyber Secure - helps SMEs to guard against the most common cyber threats.
4. PECR Audit - Self Audit to comply with PECR.
5. GDPR Staff eTraining – Train and access staff.
6. Market place with 100 plus experts to choose from.
Partnered with IBM to develop “Data X-Ray”. Connected with ICO to develop “Data Control"
New privacy regulations launched. GDPR, Data Protection Act 2018, ePrivacy, PECR are a few.
Nearly 50% the businesses in the UK have fallen victim to cyber attacks or security breaches in the last year. Cybersecurity spend will increase to $1 Tr by 2021.
Many countries including Brazil, USA, India are about to announce new data privacy regulations.
Non-compliance risk hefty fines, brand damage and insolvency.
EU has 22m SMEs that need to be compliant. Over 60% of 5.7m SMEs in the UK are not compliant. There’s no choice, it’s a regulation and regulator will get stricter in coming months and years.
Its advisory driven market.
SMEs can’t afford expensive advisors.
Seers has over 1,000 users and generating monthly revenue.
The revenue model is divided into:
a) SaaS; and
b) Commission on adviser’s market place.
There are three levels of SaaS packages each with varying levels of access to the tools provided on the platform.
i) Freemium – Two products are Free
ii) Silver - £9.99 per month
ii) Gold - £34.99 per month
iii) Platinum - £99.99 per month
From the Advisers, platform commission is received on any referrals.
Seers has launched 7 out of 14 technology privacy management solutions. Prices start from £10 per month.
1. GDPR Audit – AI application identifies risk and gives recommendations. The business gets a certification.
2. Cookie X-Ray - Over 50% of the company’s websites cookies hold data without consent. Identifies bad cookies, fixes and provides cookie banners.
3. Cyber Secure - helps SMEs to guard against the most common cyber threats.
4. PECR Audit - Self Audit to comply with PECR.
5. GDPR Staff eTraining – Train and access staff.
6. Market place with 100 plus experts to choose from.
Partnered with IBM to develop “Data X-Ray”. Connected with ICO to develop “Data Control"
New privacy regulations launched. GDPR, Data Protection Act 2018, ePrivacy, PECR are a few.
Nearly 50% the businesses in the UK have fallen victim to cyber attacks or security breaches in the last year. Cybersecurity spend will increase to $1 Tr by 2021.
Many countries including Brazil, USA, India are about to announce new data privacy regulations.
Non-compliance risk hefty fines, brand damage and insolvency.
EU has 22m SMEs that need to be compliant. Over 60% of 5.7m SMEs in the UK are not compliant. There’s no choice, it’s a regulation and regulator will get stricter in coming months and years.
Its advisory driven market.
SMEs can’t afford expensive advisors.
Seers has over 1,000 users and generating monthly revenue.
The revenue model is divided into:
a) SaaS; and
b) Commission on adviser’s market place.
There are three levels of SaaS packages each with varying levels of access to the tools provided on the platform.
i) Freemium – Two products are Free
ii) Silver - £9.99 per month
ii) Gold - £34.99 per month
iii) Platinum - £99.99 per month
From the Advisers, platform commission is received on any referrals.