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

Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.
Take 2 minutes to learn more.

Technology

Groubook

Status: Expired

Aug 13th 2021 - Aug 25th 2021

Groubook is a social bookings platform that allows a group of users to pre-book nights out on its platform, letting themselves avail of discounts and earn rewards. The company claims that its focus groups are millennials who go out twice a week and spend £6589 a year, and students who avail of discounts, coupons and rewards on expenses. The company stresses that it offers its partners a non-contract service with no upfront fees. The company further points out that it sold 178 tickets for a local Nottingham bar event during the COVID pandemic, earning its partners £890 in pre-booking revenue. Groubook has featured in press entities such as Real Business, BBC, Venue Insight, and Sage amongst others. It has also partnered with 330+ venues nationally, including Olivias, Las Iguanas, Bella Italia, Revolution, and Bedlam paintball, to name a few. The company states it will use 65% of the investment towards hiring personnel, 22.9% towards promoting marketing campaigns, 7% towards overseeing location expenses, and 5.1% towards managing administrative expenses.

read more read less

Groubook Rating Review

Pitch rating powered by CROWDRATING

Rated on 16/08/2021

Pitch Rated

50%

Insufficient Data

Management

87%

Product

63%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Log in to view amount pledged

    Log in to view target

    £2,000,141
    pre-money valuation

    5.66%
    equity available

    84
    investors

    £972
    pledge per investor

    12421860
    company number

    Active
    company status

    23/01/2020
    incorporated 4 years

    Previous Funding rounds
    28 Mar 24 Seedrs £81,660 / 68% 50.00%

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.

Login to view the full report

Management 87%

Skills 91%
The 'Groubook' management team comprises skilled professionals whose published LinkedIn profiles include expertise in management, technology, marketing and finance. They have an experienced team in place that consists of a Founder/CEO, Co-founder/COO, Co-founder/CGO and a CFO. The Founder/CEO is competent in contract management/negotiation, commercial management, account management, technical sales consulting and talent acquisition. He has prior experience working at the same stage of business growth and has also won the National Team Of The Year Award by the Barker Ross Group in 2015. The Co-Founder/COO is proficient in management consulting, retail, customer engagement and business strategy. He has also won three national awards. The Co-founder/CGO is particularly passionate about start-ups, project management, marketing, social media marketing and google ads. The CFO is skilled in operating in a Public Limited Company (PLC) and has also managed reporting and forecasting for £1.5 billion businesses.

0 comments

Log in to comment


Funding progress

Log in to view funding progress.


More from Technology

Wi-Fi Securities Limited is a cyber security company that aims to revolutionise the security of public access Wi-Fi. To realise this vision, the company is developing a unique patent-protected system called SpriteGuard™ which will protect you and your data from hackers by stopping you connecting to fake hotspots. The system is targeted towards the $550 bn worldwide hospitality industry and has the ability to expand to other large global markets like city-wide free Wi-Fi, airports and coffee shops. Moreover, Wi-Fi Securities Limited has a highly experienced Wi-Fi Securities management board that has a track record of delivering multi-million-pound projects from concept to successful commercial deployment.

Pitch Rated

77%

Overall

rating powered by

CROWD RATING™

days to go: Extended investment: £1,014,708
Morgan Goodwin is a UK-based company that pioneers the Combined Trading Platform (CTP) category, offering a comprehensive online platform for small businesses engaged in physical goods trading, along with specialized software development services, and a broad-spectrum business consultancy approach aimed at enhancing growth, efficiency, and technological advancement.
days to go: 8 investment: £788,519
Doqit offers a solution for managing life admin tasks, helping you organize important information, set action dates, and receive timely reminders, ultimately streamlining tasks like insurance renewals and warranties to reduce unnecessary expenses and simplify your life. It provides secure storage and easy access for vital information, transitioning from chaos to simplicity.  Security is also a priority for Doqit. The platform ensures that your sensitive information is stored securely, giving you peace of mind knowing that you can access your important documents and data whenever you need them, all within a few clicks.
days to go: Extended investment: £87,500
UTU is a company dedicated to building the trust infrastructure for the evolving web 3.0. They aim to facilitate safer and more reliable interactions between users and platforms by utilizing a decentralized reputation and reviews protocol. This protocol involves a non-tradable reputation token (UTT) that users can stake to endorse others, leading to positive outcomes. UTU's focus initially lies in Web3 and DeFi apps, where they provide AI-powered tools to curate trust signals and help users engage confidently in various online activities. They offer a range of products, including the UTU Trust Token, Browser Extension, and Trust API/SDK, all aimed at enhancing trust and security in digital interactions.
days to go: Extended investment: £150,000

Log in to view amount pledged

    Log in to view target

    £2,000,141
    pre-money valuation

    5.66%
    equity available

    84
    investors

    £972
    pledge per investor

    12421860
    company number

    Active
    company status

    23/01/2020
    incorporated 4 years

    Previous Funding rounds
    28 Mar 24 Seedrs £81,660 / 68% 50.00%
  • 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