Close

Jump to:

  • Navigation
  • Content
  • Footer
Carverter hero image

Carverter

Follow

Compare every make & model of hybrid & electric car to find & lease your perfect, affordable EV, today.

113%
 - 
35 days left
£2,000,002 target
£2,277,837 from 178 investors
More
Less

Business overview

Location Winchester, United Kingdom
Social media
Website www.carverter.com
Sectors Automotive & Transport Digital B2C
Company number 11670586
Incorporation date 9 Nov 2018
More
Less

Investment summary

Type Equity
Valuation (pre-money) £14M
Equity offered 13.99%
Tax relief

EIS

More
Less

Business highlights

  • 100% digital business with low costs & high margins
  • Class leading partners - WPP, Arval, Microsoft & ITV
  • Best in class website & established access to global markets
  • Market experiencing exponential growth
More
Less

Key features

  • Secondary Market
  • Seedrs nominee min. £10.50 +
To see more log in or Sign up
  • Idea
  • Key Information
  • Team
  • Updates
  • Investors 178
  • Discussion
  • Documents

Idea

Introduction

Carverter is a new business enabling customers to find & lease the perfect hybrid or electric vehicle (EV). We help everyone to ‘Go Greener Sooner’.

Carverter's core target market are considering changing their current car(s) or van(s) to greener models but are unsure where to start. Carverter simplifies this complex process by immediately presenting users with the data & cost comparisons they need to make an informed, correct choice. Our competitive lease deals enable them to drive that brand new green vehicle, sooner. We even deliver it free, directly to their front door.

The UK government recently announced a ban on the sale of petrol & diesel only cars after 2030 & the EU is expected to follow. The car market is changing very quickly & 78% of consumers would now consider leasing to access an EV. Why? Because leasing is more affordable, avoids depreciation & technical redundancy.

Our business model accelerates EV leasing by capitalising on customer demand to ‘Go Greener Sooner’.

Monetisation strategy

The 2030 announcement has advanced our business model significantly, which was based on 2040. Car buyers must now consider electrification if they plan to sell their car second-hand. Drivers also want to embrace this fun new technology if they can, today.

EV’s are the future & manufacturers are investing heavily in capacity to deliver new models in increased volume. There are 32 million cars in the UK & over 206 million cars in Europe that must all carvert.

Expected revenue streams:

Commission received for leasing vehicles

Revenues received from referrals for charging installation & sale of existing vehicles

Clean energy & other green household solutions to be added

Costs:

The majority of our costs are born with our partners & most of our support functions are outsourced. This ensures extremely low running costs.

The business is forecast to be extremely cash generative with funds reinvested into expansion. Exit is likely to be to a trade buyer.

Open an account to get access to more details about the Carverter campaign

Sign up

Already have an account? Log in

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

Open an account to get access to more details about the Carverter campaign

Sign up

Already have an account? Log in

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

Open an account to get access to the team members of Carverter

Sign up

Already have an account? Log in

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

Open an account to get access to the Carverter campaign updates

Sign up

Already have an account? Log in

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

Open an account to get access to the list of investors in the Carverter campaign

Sign up

Already have an account? Log in

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

Open an account and verify your identity to get access to the Carverter discussion

Sign up

Already have an account? Log in

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

Open an account and verify your identity to get access to the Carverter pitch deck and other documents

Sign up

Already have an account? Log in

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

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.

  • About Seedrs
  • Our Team
  • Careers
  • Partnerships
  • Contact us

  • Invest
  • Raise
  • Referrals
  • Tax Relief
  • Types of Equity

  • Case Studies
  • Guides
  • Blog
  • Investor help centre
  • Entrepreneur help centre
  • Glossary
  • Feedback

  • Risk Warnings
  • Privacy Notice
  • Security
  • Terms of Service
  • Referral Fee Terms
  • Campaign Terms
  • Secondary Market Terms
  • AutoInvest Terms

Facebook Twitter LinkedIn Google Plus

For information on how Seedrs uses your personal data, please review our Privacy Notice.
Seedrs small logo

Seedrs Limited is authorised and regulated by the Financial Conduct Authority (No. 550317).

© Seedrs Limited 2021. All rights reserved. Seedrs is a registered European Community trademark (No. 008771537) and registered United States service mark (No. 85423072) of Seedrs Limited, a limited company registered in England and Wales (No. 06848016), with registered office at Churchill House, 142-146 Old Street, London EC1V 9BW, United Kingdom, VAT No. GB 208 3065 32. Seedrs.com is a website owned and operated by Seedrs Limited.

Trustpilot rating
Trustpilot Stars

Trustpilot Logo

Company

  • About Seedrs
  • Our Team
  • Careers
  • Partnerships
  • Contact us

Get Started

  • Invest
  • Raise
  • Referrals
  • Tax Relief
  • Types of Equity

Learn

  • Case Studies
  • Guides
  • Blog
  • Investor help centre
  • Entrepreneur help centre
  • Glossary
  • Feedback

Legal Info

  • Risk Warnings
  • Privacy Notice
  • Security
  • Terms of Service
  • Referral Fee Terms
  • Campaign Terms
  • Secondary Market Terms
  • AutoInvest Terms

Get Social

Facebook Twitter LinkedIn Google Plus
For information on how Seedrs uses your personal data, please review our Privacy Notice.
Seedrs small logo

Seedrs Limited is authorised and regulated by the Financial Conduct Authority (No. 550317).

© Seedrs Limited 2021. All rights reserved. Seedrs is a registered European Community trademark (No. 008771537) and registered United States service mark (No. 85423072) of Seedrs Limited, a limited company registered in England and Wales (No. 06848016), with registered office at Churchill House, 142-146 Old Street, London EC1V 9BW, United Kingdom, VAT No. GB 208 3065 32. Seedrs.com is a website owned and operated by Seedrs Limited.

Trustpilot rating
Trustpilot Stars

Trustpilot Logo
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.
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 rounded from £14,000,000

Pitch type

There are 4 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • 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.

Seedrs nominee

This shareholding type is available with this raise.

Find out more

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

Find out more

Direct investment

This shareholding type is available and the minimum investment required to select it.

Find out more

Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.