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Pre-emption

Autotrip

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GPS device and software that automatically records driving trips into accurate mileage claim reports.

View more details of this business.
101%
 - 
Funded 20 Mar 2019
£499,506 target
£506,186 from 47 investors
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Business overview

Location London, United Kingdom
Social media
Website autotrip.com/
Sectors Automotive & Transport Digital B2B
Company number 08703170
Incorporation date 24 Sep 2013
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Investment summary

Type Equity
Valuation (pre-money) £2M
Equity offered 20.19%
Tax relief

EIS

  • Idea
  • Team
  • Updates
  • Investors 47
  • Discussion
  • Documents

Fundraising history on Seedrs

  • Pitch closing date
    Funding round
    Raised
    Pre-money valuation
    Equity offered
    Equity
    Investors
  • 20 Mar 2019
    £505,915
    £2,000,001
    20.19%
    47
    View pitch
View more details of this business.

Idea

Introduction

This is a pre-emption campaign for Autotrip Ltd (a Sustainable Accelerator fund company) who have recently raised £499,506 offline.

As an existing shareholder in Autotrip, you have the right to exercise your pre-emption rights in order to maintain your current percentage ownership in the business. If you would like to exercise your pre-emption rights, simply click the invest button above and follow the instructions.

This pre-emption campaign will remain open for 7 days after which time you will no longer be able to exercise your pre-emption rights.

Attached is the abbreviated pitch pack provided to interested investors and we'd be delighted to answer any questions you may have.

Investors into this round on Seedrs will be receiving A Ordinary Shares with full voting rights and equal rights to any distributions and exit proceeds. The company also has B shares which have the same rights as B Ordinary shares except for not having any voting rights.

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To comply with financial regulations, we can only show full campaign details to registered users.

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Share on:

Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £2,000,001

Pitch type

There are 5 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • Cohort
  • Secondary

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Seedrs