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Status: Unknown

Apr 30th 2020 - May 30th 2020

Go Zero is an electric taxi service. Since its inception in 2017, the company has completed over 10,000 journeys, saved an estimated 174 tonnes of CO2, and witnessed £530,000 worth of sales. The UK taxi industry is a £9 billion-pound industry and Go Zero, with its fleet of electric taxis powered by 100% renewable energy sources, aims to be a major disruptor. The company has received 100+ 5-star customer reviews and in 2019, it added 1600 new customers to its network. In February 2020, it launched the Go Zero Network, a network of 1,000 electric taxi franchises across the UK to expand electric travel for all. Being a part of the Go Zero Network offers a franchisee the opportunity to purchase a 5-year licence enabling them to operate their own business under the Go Zero brand. It also gives them the potential to earn between £30,000 and £50,000 after costs, based on performance metrics. With the investment, the company aims to recruit a high performing team to deliver market share, focused on sales, digital marketing, social media, franchise recruitment and management.

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Go Zero Rating Review

Pitch rating powered by CROWDRATING

Rated on 11/05/2020

Pitch Rated

71%

overall

Management

70%

Product

71%

Investment

73%

Log in to view amount pledged

    Log in to view target

    £5,170,505
    pre-money valuation

    16.28%
    equity available

    217
    investors

    £574
    pledge per investor

    10627533
    company number

    Active
    company status

    20/02/2017
    incorporated 7 years

    Previous Funding rounds
    28 Apr 24 Crowdcube £124,530 / 36% 71.33%

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 70%

Skills 73%
Go Zero is founded by an environment-conscious entrepreneur who is passionate about Electric Vehicles's and the future of aviation. The CEO's expertise lies in third-party supply chain management, operations management, outsourcing, cost rationalisation, statistic modelling, data analysis, project facilitation, business analysis, cross-functional team leadership and performance management. The CTO is specialised in multiplatform software development JavaScript, entity framework and Microsoft SQL Server. The COO of the company is an expert in running large scale operations and franchises. The Chief Product Officer is skilled in digital marketing, cost rationalisation, marketing strategy, business development, event management and social networking. The Finance Head is skilled in reconciling bank statements, review and implementation of financial policies, budget preparation and balance sheets reconciliations.

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Funding progress

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Log in to view amount pledged

    Log in to view target

    £5,170,505
    pre-money valuation

    16.28%
    equity available

    217
    investors

    £574
    pledge per investor

    10627533
    company number

    Active
    company status

    20/02/2017
    incorporated 7 years

    Previous Funding rounds
    28 Apr 24 Crowdcube £124,530 / 36% 71.33%
  • 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