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Community

Found

Status: Extended

Nov 25th 2019 - Jan 20th 2020

Found, as the name suggests, aims to become the go-to community across the UK for lost properties, offering a better and simpler way for the public to get their property back. The company is noted by Insurance Post as the 'Top 6 insurtechs to watch for 2020.' It has also won the Start-Up Guernsey Angel Pitch Event sponsored by Barclays. Found offers multiple potential revenue streams (insurance, software subscriptions, SaaS and analysing data) with both B2B and B2C channels. Found will employ 30% of the proceeds, in product development, 25% in team development, 10% for the insurance product, 10% in operations, and 25% for its launch in Bristol and UK wide BD.

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Found Rating Review

Pitch rating powered by CROWDRATING

Rated on 23/12/2019

Pitch Rated

73%

overall

Management

87%

Product

74%

Investment

59%

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    £3,503,796
    pre-money valuation

    6.66%
    equity available

    170
    investors

    £1,496
    pledge per investor

    07/07/2019
    incorporated 5 years

    Equity Calculator
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    Investment
    £
    Equity
    %

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 87%

Skills 82%
The management team covers all the key roles required to develop the business. The CEO has previously formed and grown businesses successfully.

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Funding progress

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Log in to view amount pledged

    Log in to view target

    £3,503,796
    pre-money valuation

    6.66%
    equity available

    170
    investors

    £1,496
    pledge per investor

    07/07/2019
    incorporated 5 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph