We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Status: Funded

Asap water crafts have developed an electric power-assisted watercraft for beach lifeguards that blasts the user through the water, for the ultimate adventurer, or for rescue to reach people faster. Their aim is to help lifeguards save more lives. In production and selling worldwide, they have been granted EU Design Registration and have EU & US patents pending. Asap has grown the production setup by making significant improvements - lowering assembly skill level with a modular/practical design. Its goal is to reduce product costs by at least 30%. With the proceeds, Asap will scale with a big marketing push by lowering the manufacture costs and providing the required capital to fulfil orders quicker.

read more read less

Asap water crafts Rating Report

Rated on 01/03/2020

Pitch Rated

76%

Gold

Management

84%

Product

79%

Investment

65%

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
Click here for more information on our ratings
Login to view the full report

Management 84%

Skills 91%
Asap Water Crafts management team covers all the key roles required in the business. The Sales Manager has high expertise in the field of action sports and marine industry. CEO has experience in the same stage of business and in the same sector of the water sports industry. He won multiple awards and been named as ‘One to Watch’ by the RSA.

Funding progress



More from Vehicles and Transport

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.

Pitch Rated

76%

Gold

rating powered by

CROWD RATING™

pledged: 63% days to go: 17 investment: £31,600

  • £181,580
    pledged
  • 121%
    of goal
  • Funded
    02 Apr 2020

    £150,000
    target

    £1,937,500
    pre-money valuation

    7.19%
    equity available

    238
    investors

    £763
    pledge per investor

    08508023
    company number

    29/04/2013
    incorporated 7 years

    Equity Calculator
    Investment
    £
    Equity
    %
  • 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