Builderstorm successfully raised £100,000

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Successfully funded

Capital at risk

overfunded

Builderstorm

149%

Raised: £149,610

Investors: 123

Target: £100,000

Equity: 10.69%

Pre-money valuation: £1,250,000

Driven by a change in government legislation; Builderstorm offers cloud-based software to manage construction projects. Since 2014, the software has evolved to include over 30 features including; timesheets, training and more. This funding will be used to further develop the brand and team.

Built to be ‘BIM’ compliant in line with the change in legislation
Features include Deliveries, Staff Inductions & Interactive Drawings
Team includes; Senior Programmer & an award winning Marketing Director
Winner of the 2Pears TechPitch 4.5 award

Idea

BuilderStorm offers cloud-based software for managing all major aspects of a construction company. With over 30 different features that are all accessible from mobile devices, our software aims to give every member of the project the tools and resources they need to build the project to the correct standard, deadline and budget.

The government has issued a new directive that requires all contractors working on a public sector project be "BIM" compliant. This essentially means that members of a project are working from one source of information. BuilderStorm has built a platform to satisfy this requirement.

The idea for the company started around 4 years ago when one of the co-founders became disillusioned with the practices at the time. Working with a programmer they produced the first concept which was quickly adopted on that project. From there the product evolved to include more and more features such as; Text SMS Service, Timesheets and Defect Reporting. The company officially formed in September 2014 with the first sale in February 2015. From there the product, team and brand have gone from strength to strength and we have recently won the 2Pears Tech Pitch 4.5 Award for Tech Startups. Now we want to focus on letting people know what we do.

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Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Builderstorm has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 50 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.

Idea

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