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Status: Active

Nov 18th 2020 - Dec 18th 2020

GIBIE combines ancient Indian dying methods with modern weaving technologies to produce sustainable and luxurious homewares. The company argues that the textile industry uses an astonishing 9 trillion gallons of water annually, as well as, releases harmful gases and chemicals in the air and water. GIBIE aims to change this scenario by bringing forth sustainable linen that has superior qualities to chemically enhanced and dyed linen. It has come out with an industrial-scale production proposal of its linen. The company is a PETA-approved vegan brand and a member of the Color Ashram Foundation that promotes the usage of herbal dyes around the world. GIBIE will use the investment to launch its essential sales programs, boost marketing initiatives and scale production.

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Gibie Rating Review

Rated on 30/11/2020

Pitch Rated

57%

Insufficient Data

Management

84%

Product

86%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

  • £158,571
    pledged
  • 317%
    of goal

    £50,000
    target

    £1,498,928
    pre-money valuation

    3.23%
    equity available

    390
    investors

    £407
    pledge per investor

    11780840
    company number

    Active
    company status

    22/01/2019
    incorporated 2 years

    £1.37
    share price

    Previous Funding rounds
    18 Nov 20 Crowdcube £158,571 / 317% 56.67%
    News

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 84%

Skills 82%
Gibie was founded by two dyeing experts who started building the industrial methodology of Ayurvedic Dyeing to bring about a fundamental change in the textiles dyeing industry. The CEO/Founder has worked on ayurvedic dyeing methods for several years to create the world's most sustainable, skin nourishing, and herb-infused home linens. He conceptualised the Gibie to end the devastations caused by the textiles dyeing industry. The Non-Executive Chairman/Director has a track record of growing companies of varying sizes from start-up through the early stage and rapid growth to established enterprise and an unquoted PLC. One of the advisors at Gibie is a Herbal Dyeing Expert and Head of Research. He had been researching Ayurvedic Dyeing practices, which are 100% natural, healthy, and had existed in India for 5000 years but were on the brink of extinction. The Marketing and Communications Manager has expertise in creating a brand through media campaign planning, management, and optimisation by utilising the web, mobile, and convergence media. It was noted that they have not, as yet, appointed a dedicated finance head, but one of the directors/advisors is an investment banker, and he advises the company on various financial aspects.

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pledged: 129% days to go: 7 investment: £64,818

  • £158,571
    pledged
  • 317%
    of goal

    £50,000
    target

    £1,498,928
    pre-money valuation

    3.23%
    equity available

    390
    investors

    £407
    pledge per investor

    11780840
    company number

    Active
    company status

    22/01/2019
    incorporated 2 years

    £1.37
    share price

    Previous Funding rounds
    18 Nov 20 Crowdcube £158,571 / 317% 56.67%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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