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Heard

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A Social network for people who want to be social again. Real people, real connections.

102%
 - 
9 days left
£50,000 target
£51,261 from 126 investors
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Business overview

Location Stockport, United Kingdom
Social media
Website heardnetwork.com
Sectors SaaS/PaaS Digital Mixed B2B/B2C
Company number 10592427
Incorporation date 31 Jan 2017
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Investment summary

Type Equity
Valuation (pre-money) £750K
Equity offered 6.40%
Tax relief

SEIS

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Business highlights

  • Over 11,000 downloads across iOS and Android
  • Worked with several high profile bands and events
  • Finalists in the Great British Entrepreneur awards 2019
  • SEIS eligible with £120,000 of our allocation left
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Key features

  • Secondary Market
  • Seedrs nominee min. £10.50 +
  • Direct investment min. £5,000.00 +

Idea

Introduction

Most social networks are designed to connect you with the people you already know, but what about the people you could know?

Heard shows you what's going on around you, wherever you are. Everyone you interact with is nearby - a possible real-life connection. From reconnecting with old friends, to meeting new people that share your passions or discovering a new area, Heard is about people, not followers.

You can see who else is the in the area, and your friends list shows you which of your friends are nearby - no more missed connections. Create new friendships and find people in your area that share your passions.

Messages on Heard only last a few days before they disappear. It keeps things simple, relevant and focused. Talk, make plans and meet up, just like real life. Not everything you do needs to stay online forever.

Privacy and safety are at the heart of everything we do. Only people on your friends list can send you a private message, so you control exactly who can contact you.

Monetisation strategy

We will have two revenue streams, one of which is also one of our biggest USPs

Differential privacy in advertising; keeping your private data private

We will show ads based on messages in the public timeline, not your private data. So for example, someone posts asking for a recommendation on which local restaurants are the best, and which are doing deliveries. We'll use that information to show ads targeted around restaurants and delivery services in the area. User privacy is protected, and their data is never sold or shared with third party advertisers, and never will be.

Enhanced Moments

Moments are free to set up, and will sit in the main timeline, but companies will pay for an Enhanced Moment. An Enhanced Moment will give you all the benefits of your own app such as branding, real-time monitoring, push notifications and more - at the fraction of the cost. We plan for set up will typically take less than a day, not weeks or even months like creating your own app often can.

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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.

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 £750,000

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.

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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.

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Direct investment

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

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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.