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Status: Active

Nov 18th 2019 - Dec 18th 2019

Pedal Me uses high-tech cargo bikes, trailers and trained riders to provide delivery & taxi services when needed. The company offers a solution that will out-perform motors in car-centric cities as bike-friendly measures like bike lanes are introduced. As of now, the company has 32 bikes and 45 staff in total. It has witnessed a strong MoM growth (19% on avg). The trips provided by Pedal Me has negligible carbon footprint in comparison with vans, taxis or electric vehicles. With the funds, the company will improve the technology, maintain speed with demand, develop the staff and balance the process.

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Pedal Me Rating Review

Pitch rating powered by CROWDRATING

Rated on 23/12/2019

Pitch Rated

70%

overall

Management

61%

Product

78%

Investment

71%

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    £3,750,000
    pre-money valuation

    7.41%
    equity available

    624
    investors

    £675
    pledge per investor

    10595064
    company number

    Administration
    company status

    01/02/2017
    incorporated 7 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    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 61%

Skills 64%
The founders bring valuable industry experience to Pedal Me and have a team in place covering most of the key roles. In due course, people with experience of scaling this type of business will be needed.

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Funding progress

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Log in to view amount pledged

    Log in to view target

    £3,750,000
    pre-money valuation

    7.41%
    equity available

    624
    investors

    £675
    pledge per investor

    10595064
    company number

    Administration
    company status

    01/02/2017
    incorporated 7 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    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