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Status: Extended

Nov 11th 2020 - Dec 11th 2020

Evaclite manufactures dynamic exit signs designed to make buildings safer and save lives. The company argues that its products are 77% more visible than conventional exit signs and reduces congestion at exits by 36%. The company received the 2018 FIREX - Fire Innovation of the Year Award. It also won the Safety and Health Excellence (SHE) Award in 2019 and 2020. Evaclite counts companies like Apple, CBRE, BBC, Melia, and MetroBank amongst its clients. The company has inquiries from over a dozen countries globally with a 12-month sales opportunity pipeline of over £1.5 million. It will use 60% of the investment to build its sales team, 28% to boost its inbound marketing campaign, 7% to develop additional intellectual property, and 5% towards overhead and general costs.

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Evaclite Rating Review

Rated on 24/11/2020

Pitch Rated

81%

Gold

Management

83%

Product

84%

Investment

76%

Pitch rating powered by CROWDRATING

  • £148,736
    pledged
  • 118%
    of goal

    £125,001
    target

    £1,650,181
    pre-money valuation

    7.04%
    equity available

    124
    investors

    £1,199
    pledge per investor

    11820274
    company number

    Active
    company status

    11/02/2019
    incorporated 2 years

    Previous Funding rounds
    11 Nov 20 Seedrs £148,736 / 119% 81.00%

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
Click here for more information on our ratings
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Management 83%

Skills 91%
Evaclite's management team is led by the Managing Director who is an experienced Entrepreneur, Business Consultant, Mentor, Coach, Project and Programme Manager, NED, and Innovation Investor. He is an expert in business planning, management consultancy, sales operations, business strategy, operational excellence and change management. The Systems Manager is a technical specialist. She is well versed in product management, strategic planning, and new business development. Their Commercial Director has skills to build the brand and increase brand awareness through sales management, operations management, product design, commercialisation, sales operation, and account management.

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Funding progress



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  • £148,736
    pledged
  • 118%
    of goal

    £125,001
    target

    £1,650,181
    pre-money valuation

    7.04%
    equity available

    124
    investors

    £1,199
    pledge per investor

    11820274
    company number

    Active
    company status

    11/02/2019
    incorporated 2 years

    Previous Funding rounds
    11 Nov 20 Seedrs £148,736 / 119% 81.00%
  • 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