YR Free Labs are a business providing secure technology for digitally recorded media via a video collaboration platform called ‘eviid’. The eviid platform customers to use live and recorded smartphone videos in their claims processes, connecting with workers in the field or assist customers in submitting video evidence. Its transformational, evidential video reporting tool facilitates businesses in a range of risk-conscious, demanding sectors to capture, validate, share and access video and other media quickly and easily; enabling users to share information, direct from their location, in a single, tamper-evident package. The technology turns video and photos captured on smart devices into reliable, verifiable evidence that is suitable for use in court proceedings, claims management and compliance cases.
Today, eviid’s patented technology underpins evidential video applications for some of the biggest names in insurance, FM, security and infrastructure across the UK and internationally including Australia, India, Europe and the US.
The eviid platform plays a crucial role in a number of sectors and we’re delighted to back the business at an excting stage in the company’s growth journey. The business has evolved considerably since we originally invested back in 2017 and we look forward to working with John and the team as they scale up the eviid platform.
Simon Robb, Portfolio Manager at Maven
