Back in our launch post, we set the goal of applying for SEIS before the end of Q2 2026. Well, not only did we submit ahead of schedule on 6th May, but HMRC just approved our application for Advanced Assurance today (5th June 2026)!
What This Means for Our Future
Disclaimer: This post is for informational purposes only and documents our startup journey. It does not constitute financial advice or a formal invitation to invest.
Now that GPCDS Labs has Advanced Assurance, it means that HMRC has pre-approved us for the benefits of SEIS, which is designed to significantly lower the risk for angel investors. For individuals looking to back our mission of dataviz for all points, an investment in Pier now comes with:
- 50% Income Tax Relief: Investors can offset half of their investment amount against their UK income tax bill.
- Capital Gains Tax (CGT) Exemptions: Any profits made on the shares after three years are entirely tax-free.
- Loss Relief: If things don’t go to plan, the remaining risk is heavily mitigated by further tax relief.
Combined with our membership in the SETsquared incubator in the Silicon Gorge, this puts us in an excellent position to continue our rapid iteration and development of our purpose-driven business.
Let’s Talk
Now that the regulatory approval is officially sorted, we’re turning our focus toward funding our roadmap and building our Pier proof of concept into a closed beta of our human-first data communication workspace.
If you are an angel investor passionate about the future of data communication, accessibility, and human-centric software, we’d love to chat. Our founder can be contacted at charlotte.hadley@visibledata.io.
Disclaimer: This post is for informational purposes only and documents our startup journey. It does not constitute financial advice or a formal invitation to invest.