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Technology

Subscribbe

Status: Active

Jun 2nd 2021 - Jul 2nd 2021

16 days left

Subscribbe is a B2B e-commerce marketplace platform for Convenience and Independent (CI) stores. It argues that about 46,000 of these stores have traditionally had no bargaining power compared to supermarkets and wholesalers. Subscribbe wants to change this and connect CI stores, manufacturers, and fulfilment centres via its platform. The company aspires to level the playing field for smaller players and enable them to become wholesale e-commerce businesses. It has been developing its platform to enable CI stores to use proprietary fulfilment and logistics technology to connect to independent warehouse and logistics operators across the UK since its launch in 2020. Subscribbe wants to become a contender in the £40 billion convenience market. It has raised £400,000 to date to hire a core team, focusing on product engineering. The company will use the investment to continue product development and testing, continue onboarding executive and operations teams, continuing from successful hires in 2020, including Subscribbe engineers and the UX/Design team, and ready to launch V1.0 of its platform in 2021.

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  • £144,649
    pledged
  • 72%
    of goal

    £200,000
    target

    £3,913,188
    pre-money valuation

    4.86%
    equity available

    93
    investors

    £1,555
    pledge per investor

    11327564
    company number

    Active
    company status

    25/04/2018
    incorporated 3 years

    £0.75
    share price

    Previous Funding rounds
    02 Jun 21 Crowdcube £144,649 / 72%
    News

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  • £144,649
    pledged
  • 72%
    of goal

    £200,000
    target

    £3,913,188
    pre-money valuation

    4.86%
    equity available

    93
    investors

    £1,555
    pledge per investor

    11327564
    company number

    Active
    company status

    25/04/2018
    incorporated 3 years

    £0.75
    share price

    Previous Funding rounds
    02 Jun 21 Crowdcube £144,649 / 72%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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