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Status: Funded

Mar 2nd 2020 - May 26th 2020

Veluba is a zero-emission transport solution for London. It is an application-hailed and pedal-powered eco-cab service for Central London which aims to provide a faster and cheaper solution for its over-polluted and over-congested capital city. The company has 30 Veluba cabs ready to go with and have just launched their app. The vehicles are designed and driven with safety at the forefront and drivers are fully insured. Each Veluba® is provided with digital signage screens, giving prominent ad space, and the possibility for an additional revenue stream. Veluba aims to expand beyond the first depot to reach more of London and become a key part of the city’s growing eco-transport infrastructure. The investment will enable the company to employ additional drivers.

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VELUBA Rating Review

Rated on 12/03/2020

Pitch Rated

76%

Gold

Management

78%

Product

70%

Investment

79%

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 78%

Skills 73%
Veluba has a talented small management team of two. The CEO has creative technical skills and has previously managed a business at a similar stage as, in 1986, he formed a hardware and software solution company Baxdata and later in 2012, he also formed EV4 providing a customisable mini PC.

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Funding progress



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Pitch Rated

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Jam Jar is a long term car rental market place.  They specialise in affordable long term car and van rental.  Jam Jar have the ethos "why buy a car when you can rent one?"  Their service is based on 12 month hire contract thus allowing the customer to upgrade their car every year.
pledged: 103% days to go: Stretch investment: £103,196

  • £87,550
    pledged
  • 175%
    of goal

    £50,000
    target

    £1,000,000
    pre-money valuation

    4.76%
    equity available

    251
    investors

    £349
    pledge per investor

    10853670
    company number

    Active
    company status

    06/07/2017
    incorporated 3 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Funding rounds
    02 Mar 20 Crowdcube £87,550 / 175% 75.67%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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