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Status: Funded

Apr 6th 2020 - May 22nd 2020

Lupe Technology is a tech startup based in Bristol, UK. The company has developed a revolutionary cordless vacuum cleaner based on its patented technology. Its 'Pure Cordless' has outstanding suction power, endurance, and great battery life compared to similar products from rival brands like Dyson. In 2015, the company went full-time with the award of an InnovateUK Grant. In 2019, it completed the biggest ever crowdfunded vacuum cleaner campaign beating campaigns run by Chinese giant Xiaomi. The brand has been featured in The Times and Digital Trends. It also became the A'DESIGN Award Winner of 2019. In 2020, Lupe Technology secured its first trade orders and ordered its first mass-production run. The company aims to use 22% of the investment for marketing, 22% on staffing and business overheads, and 56% for stock.

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Lupe Technology Rating Review

Pitch rating powered by CROWDRATING

Rated on 13/04/2020

Pitch Rated

84%

Gold

Management

90%

Product

84%

Investment

79%

Log in to view amount pledged

    08988260
    company number

    Active
    company status

    09/04/2014
    incorporated 10 years

    Officers

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 90%

Skills 91%
Lupe Technology is founded by two former Dyson engineers who are experts in the field of tech consumer goods, who have assembled a strong team of skilled professionals. The Managing Director is an Aero Engineer by background, now a hardware startup entrepreneur. The Technical Director is a proven innovator who has generated multiple patents on vacuum cleaner technology. The marketing head is an experienced marketeer and brand consultant who is skilled in the creation and implementation of a strategic marketing plan.

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Log in to view amount pledged

    08988260
    company number

    Active
    company status

    09/04/2014
    incorporated 10 years

    Officers
  • 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