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Manufacturing and Retail

Symmetrical Power

Status: Active

Jan 13th 2020 - Feb 12th 2020

Symmetrical Power has developed an innovative solution that addresses the issue of energy wastage. After identifying the inefficiency of the 3 Phase Electrical Distribution Boards, Symmetrical Power is creating the ‘Intelligent Distribution Board’ (ID Board). It aims to prevent the challenge of peak demand whilst saving on energy bills. The working model of the product also received positive feedback from electrical specialists. Additionally, Symmetrical Power was also a Shell Springboard regional finalist (2018) for its new low-carbon ideas. With the proceeds, the company will complete design & begin distribution in Europe and to position itself as the go-to Distribution Board provider.

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Symmetrical Power Rating Review

Rated on 11/02/2020

Pitch Rated

81%

Gold

Management

71%

Product

94%

Investment

77%

Pitch rating powered by CROWDRATING

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  • 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 71%

Skills 73%
Symmetrical Power has a highly skilled team with functional expertise. The Company currently lacks a full-time Marketing head and CFO.

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Funding progress



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Pitch Rated

76%

Overall

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CROWD RATING™

pledged: 190% days to go: 14 investment: £123,988
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pledged: 21% days to go: 21 investment: £76,000

  • £233,600
    pledged
  • 389%
    of goal

    £60,000
    target

    £1,500,000
    pre-money valuation

    3.85%
    equity available

    788
    investors

    £296
    pledge per investor

    08370235
    company number

    Active
    company status

    22/01/2013
    incorporated 8 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    13 Jan 20 Crowdcube £233,600 / 389% 80.67%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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