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Status: Funded

Jun 18th 2020 - Jul 28th 2020

Propelair is a company that has developed the world’s lowest water-flush toilet system. The toilet uses air to propel 1.5 litres of water per flush, saving water when compared to 6-9 litres per flush for conventional toilets. The company has installed nearly 4,000 units in the UK and South Africa. They were awarded the prestigious Horizon2020 grant in 2017 to develop new innovations. It has also been featured in publications such as The Daily Telegraph, London Evening Standard, and The Times. The company will use the investment as working capital and stock acquisition funds to enable growth, in the UK and South Africa and launch into other water-stressed markets like the Middle East, Australia, Hong Kong, and Singapore, and introduce its 'Smart Connected Toilet' to the market. 

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Propelair Rating Review

Rated on 30/06/2020

Pitch Rated

81%

Gold

Management

76%

Product

85%

Investment

81%

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 76%

Skills 82%
Propelair has a skilled and diverse team in place covering the roles of operations, marketing, product development and finance. The CEO is skilled in Negotiation, New Business Development, Business Strategy, P&L Management and Communications Skills. Their Innovation Director has expertise in Solid Modelling, Design Management, User-centered Design, Lean Manufacturing, Design Engineering, and Design for Assembly. Their Commercial Director has skills to build the brand and increase brand awareness through Management, Marketing Strategy, Retail, Sales Management, and Product Development. The company finances are overseen by their Chief Financial Officer who specialises in Financial Management, Problem Solving, Property Management, Financial Accounting, and Mergers & Acquisitions.

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Pitch Rated

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pledged: 136% days to go: 1 investment: £886,519

  • £1,236,245
    pledged
  • 137%
    of goal

    £900,005
    target

    7.65%
    equity available

    866
    investors

    £1,428
    pledge per investor

    03681995
    company number

    Active
    company status

    10/12/1998
    incorporated 22 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    18 Jun 20 Seedrs £1,236,245 / 137% 80.67%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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