Navigating The New Normal: Anthemis Portfolio Responses
In a moment where life as we know it is at a standstill, many small businesses around the world have been forced to think creatively about how to navigate the ‘new normal.’ For some, it has been business as usual with slight adjustments; for others, it has been a case of rallying resources to combat a common challenge. Looking across the technology ecosystem, there are many examples of startups using existing technologies to pioneer solutions across prevention, testing, treatment and business continuity, to name a few. Anthemis is at the heart of a vibrant ecosystem and has cultivated a portfolio of companies at the intersection of technology and finance addressing our industry’s most pressing needs. Here are some of the ways our portfolio companies are innovating to support the fight against the global coronavirus (COVID-19) pandemic.
Income
Based in the United States (US), Kindur is a wealth management platform that helps baby boomers embrace modern retirement. The team has opened a dedicated hotline to provide Social Security advice in light of the recent 1,200 field office closures in the US. The hotline helps retirees navigate web applications and Medicare. They have a new app that will launch soon to further help boomers weather the storm. Sign up here.
Income security is undoubtedly a huge concern for many in the workforce. London-based Wollit champions financial wellness for flexible workers and aims to ease the financial strain specifically for gig economy workers in the United Kingdom (UK). As a response to the COVID-19 pandemic, the team at Wollit has fast-tracked the release of their Income Promise service, which provides customers with an interest-free cash top-up whenever they earn less than their average monthly income. Learn more.
Wellness
Based in the UK, Chronomics is pioneering in the epigenetic health service space. Chronomics is offering a COVID-19 risk calculator, which can be accessed here. Additionally, the team is developing a symptom checker. Learn more.
The San Francisco-based Patchd team is using wearable technology to predict and prevent sepsis. In light of the pandemic, the team is providing an app to help hospitalized COVID-19 patients communicate better with healthcare workers to help minimize patient contact and reduce waste in personal protective equipment. Learn more about Patchd’s Covidikit here.
Unmind, also based in the UK, is a workplace wellness platform that is offering free access to its digital resources for all NHS staff to help them manage their mental wellbeing during the crisis. Learn more here.
Insurance
Drone insurer Flock has joined the fight against the virus by pledging £10,000-worth of free drone insurance to pilots working on COVID-19 crisis responses in the UK. Learn more here.
Enterprise
Based in London, Cledara helps SaaS companies control their software spend. The team has launched a tactical toolkit to help finance teams navigate the pandemic. Download the toolkit here.
Based in France, market data provider Kaiko is focused on the blockchain-based digital assets space. In light of COVID-19, Kaiko is offering two months’-worth of enterprise market data for free to support businesses. Learn more about the offer here.
Business banking service Tide supports SMEs (small and medium-sized enterprises) across the UK. The coronavirus has had a significant impact on small businesses globally. In response to the pandemic, Tide has created a digital knowledge center for its customers and has applied to be an accredited lender with the UK government’s Coronavirus Business Interruption Loan Scheme (CBILS). Learn more about its offering here.
Based in the US, Xapix is a data integration platform with a focus on businesses in the automotive, logistics and IoT industries. In response to the pandemic, Xapix is making it easier for researchers and developers to tackle the virus through an intuitive API tool. Learn more about it here.
