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Status: Active

Sep 14th 2020 - Oct 24th 2020

35 days left

Nuw is a clothes-sharing app and community that aims to empower people to reduce the environmental impact of fashion on the planet. It grew from a community trial at Trinity College, Dublin to an app that is available nationwide across Ireland and the UK. Till date, the company has over 3800 registered users. Nuw has developed a bespoke impact calculator with the London Waste and Recycling Board to accurately measure the carbon, waste and water offset of each share on the app. This information is shared with Nuw members so they understand the positive environmental impact they create by sharing and swapping on Nuw. It has also developed partnerships with UPS and Parcel Motel to offer users a contactless, affordable and convenient delivery option. The company will use 66% of the investment for team salaries, 24% for marketing, 8% for overheads, and 2% for monthly subscriptions.

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  • £88,463
    pledged
  • 76%
    of goal

    £115,003
    target

    £1,500,525
    pre-money valuation

    7.12%
    equity available

    118
    investors

    £750
    pledge per investor

    11344064
    company number

    Active
    company status

    03/05/2018
    incorporated 2 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    14 Sep 20 Seedrs £88,463 / 77%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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