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Vehicles and Transport

Asap water crafts

Status: Funded

Feb 24th 2020 - Apr 2nd 2020

Asap water crafts have developed an electric power-assisted watercraft for beach lifeguards that blasts the user through the water, for the ultimate adventurer, or for rescue to reach people faster. Their aim is to help lifeguards save more lives. In production and selling worldwide, they have been granted EU Design Registration and have EU & US patents pending. Asap has grown the production setup by making significant improvements - lowering assembly skill level with a modular/practical design. Its goal is to reduce product costs by at least 30%. With the proceeds, Asap will scale with a big marketing push by lowering the manufacture costs and providing the required capital to fulfil orders quicker.

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Asap water crafts Rating Review

Rated on 01/03/2020

Pitch Rated

76%

Gold

Management

84%

Product

79%

Investment

65%

Pitch rating powered by CROWDRATING

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
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Management 84%

Skills 91%
Asap Water Crafts management team covers all the key roles required in the business. The Sales Manager has high expertise in the field of action sports and marine industry. CEO has experience in the same stage of business and in the same sector of the water sports industry. He won multiple awards and been named as ‘One to Watch’ by the RSA.

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Funding progress



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Pitch Rated

72%

Overall

rating powered by

CROWD RATING™

pledged: 0% days to go: TBC investment: Withheld

  • £181,580
    pledged
  • 121%
    of goal

    £150,000
    target

    £1,937,500
    pre-money valuation

    7.19%
    equity available

    238
    investors

    £763
    pledge per investor

    08508023
    company number

    Active
    company status

    29/04/2013
    incorporated 7 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    24 Feb 20 Crowdcube £181,580 / 121% 76.00%
    31 May 18 Crowdcube £255,350 / 170% 63.67%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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