TheCarCrowd is a Passion Asset Investment (PAI) platform that intends to address the lack of investment options for the 8 million UK millennials by allowing them to take a real equity stake in a classic car and benefit from the potential appreciation. The company argues that classic cars appreciated 194% over 10 years up to Q4 2019 as per expert reports. TheCarCrowd points out that its portal allows interested investors to buy shares in cars from just £20 and unlock the benefits of potential appreciation. The company asserts that its business idea has found traction amidst users with over 620 investors registering on the portal since the company's launch in November 2020. TheCarCrowd will use 12% of the investment for Public Relations (PR), 48% for marketing, and 40% for working capital.
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TheCarCrowd Rating Review
Pitch rating powered by CROWDRATING™
Rated on 11/05/2021
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£2,252,074
pre-money valuation
8.16%
equity available
5
investors
£75,822
pledge per investor
12286089
company number
Active
company status
28/10/2019
incorporated 5 years
Previous Funding rounds
24 Apr 24 | Seedrs | £379,108 / 190% | 46.00% |
Officers
David Brian SPICKETT
Appointed: 30-01-2024
David Brian SPICKETT
Appointed: 09-12-2023
David Brian SPICKETT
Appointed: 28-09-2023
David Brian SPICKETT
Appointed: 11-09-2023
David Brian SPICKETT
Appointed: 18-08-2023
David Brian SPICKETT
Appointed: 15-08-2023
David Brian SPICKETT
Appointed: 01-08-2023
David Brian SPICKETT
Appointed: 28-04-2023
David Brian SPICKETT
Appointed: 22-03-2023
David Brian SPICKETT
Appointed: 02-02-2023
David Brian SPICKETT
Appointed: 10-01-2023
David Brian SPICKETT
Appointed: 26-08-2022
David Brian SPICKETT
Appointed: 19-07-2022
David Brian SPICKETT
Appointed: 09-06-2022
David Brian SPICKETT
Appointed: 25-05-2022
David Brian SPICKETT
Appointed: 18-05-2022
David Brian SPICKETT
Appointed: 25-04-2022
David Brian SPICKETT
Appointed: 15-12-2021
David Brian SPICKETT
Appointed: 15-12-2021
David Brian SPICKETT
Appointed: 15-11-2021
David Brian SPICKETT
Appointed: 27-09-2021
David Brian SPICKETT
Appointed: 27-09-2021
David Brian SPICKETT
Appointed: 27-09-2021
David Brian SPICKETT
Appointed: 10-09-2021
David Brian SPICKETT
Appointed: 23-04-2021
David Brian SPICKETT
Appointed: 17-03-2021
David Brian SPICKETT
Appointed: 02-03-2021
David Brian SPICKETT
Appointed: 03-04-2020
David Brian SPICKETT
Appointed: 28-10-2019
News
SDAX Partners With TheCarCrowd To Offer Fractional Ownership of The McLaren Senna Hypercar - PR Newswire
08/11/2023 PR Newswire
TheCarCrowd Is A Classic Car Investment Platform For Millennials - Forbes
01/09/2021 Forbes
Own a classic exotic: TheCarCrowd’s novel fractional investment platform - Master Investor
25/10/2022 Master Investor
What the ratings mean
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.