- Investment sought:
- Equity offered:
for 19.98% equity
- More than 22,000 registered users, across 100+ countries
- Leisure marine industry is worth €103 billion (2018)
- €20 billion spent on boat accessories and marine equipment
- We expect to exit in a trade sale in 4 to 6 years time
At savvy navvy, we save sailors hours of frustration by finding the best and safest routes to their destination. Instead of having to use multiple apps, sailors can simply drop a pin on the map, and we’ll work out the best route in seconds.
Last year, we raised £330k in a very successful Seedrs round. We reached 265% of our target in just 7 days, with more than 400 investors on board.
Since then we have been diligently perfecting our algorithm, reaching product/market fit in Q4 of 2019.
“In my experience, it becomes possible to sustainably grow a product when it reaches around 40% of users who try it that would be “very disappointed” if they could no longer use it." -- Sean Ellis (DropBox, LogMeIn, EventBrite & Lookout).