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Status: Active

Apr 1st 2021 - May 11th 2021

29 days left

TheCarCrowd is a Passion Asset Investment (PAI) platform that intends to address the lack of investment options for the 8 million UK millennials by allowing them to take a real equity stake in a classic car and benefit from the potential appreciation. The company argues that classic cars appreciated 194% over 10 years up to Q4 2019 as per expert reports. TheCarCrowd points out that its portal allows interested investors to buy shares in cars from just £20 and unlock the benefits of potential appreciation. The company asserts that its business idea has found traction amidst users with over 620 investors registering on the portal since the company's launch in November 2020. TheCarCrowd will use 12% of the investment for Public Relations (PR), 48% for marketing, and 40% for working capital.

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  • £223,134
    pledged
  • 111%
    of goal

    £200,010
    target

    £2,251,002
    pre-money valuation

    8.16%
    equity available

    138
    investors

    £1,617
    pledge per investor

    12286089
    company number

    Active
    company status

    28/10/2019
    incorporated 1 years

    Previous Funding rounds
    01 Apr 21 Seedrs £223,134 / 112%

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  • £223,134
    pledged
  • 111%
    of goal

    £200,010
    target

    £2,251,002
    pre-money valuation

    8.16%
    equity available

    138
    investors

    £1,617
    pledge per investor

    12286089
    company number

    Active
    company status

    28/10/2019
    incorporated 1 years

    Previous Funding rounds
    01 Apr 21 Seedrs £223,134 / 112%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph