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Status: Funded

Nov 15th 2019 - Dec 15th 2019

buyfair intends to be a premium variant of ebay for businesses. It is powered by features like multi-lot algorithm that enables huge volumes to be sold in smaller quantities and a brand safe atmosphere preserving premium brands. The company has over 500 live auctions every day, and 150 brands have already signed up across 18 countries. buyfair has also been featured in Forbes, Cosmetic Business, The Independent. buyfair is planning to use the funds for buyer acquisition, tech development and marketing.

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buyfair Rating Review

Pitch rating powered by CROWDRATING

Rated on 25/11/2019

Pitch Rated

77%

Gold

Management

87%

Product

76%

Investment

67%

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    £3,000,975
    pre-money valuation

    7.69%
    equity available

    169
    investors

    £1,871
    pledge per investor

    10521282
    company number

    Active
    company status

    12/12/2016
    incorporated 7 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    28 Mar 24 Crowdcube £316,160 / 126% 76.67%

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

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 87%

Skills 100%
The Founder has built a skilled team covering all key roles and mostly well-endorsed for their individual functions.

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Funding progress

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days to go: Extended investment: Withheld

Log in to view amount pledged

    Log in to view target

    £3,000,975
    pre-money valuation

    7.69%
    equity available

    169
    investors

    £1,871
    pledge per investor

    10521282
    company number

    Active
    company status

    12/12/2016
    incorporated 7 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    28 Mar 24 Crowdcube £316,160 / 126% 76.67%
  • 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