Dynamo successfully raised £120,000

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Successfully funded

Capital at risk

overfunded

Dynamo

143%

Raised: £171,680

Investors: 115

Target: £120,000

Equity: 8.75%

Pre-money valuation: £1,800,000

Dynamo enables users to share luxury experiences in an estimated $50BN market, making them more affordable and accessible on-demand. Its first raise overfunded by 177% with Crowdcube. It now seeks to capitalise on initial interest from providers in 20 cities and achieve a fast and flexible scale!

Developed iOS App. Pilot in Mykonos, Greece
Initial interest from providers in 20 cities worldwide
Team has experience from Hotels.com and top consulting firm
Overfunded by 177% in its first raise with Crowdcube

Idea

Users simply download the app, choose the experience they like and pay for their individual spot. Providers import their contacts, upload/curate experiences and increases portfolio/revenues.

Share VIP tables with Dynamo

Share villas with Dynamo

Share yachts with Dynamo

The price for booking a VIP Table in a nightclub often starts from £1,5k/night, a Villa from £20k/week and a Yacht from £30k/week. These experiences must often be booked in large groups and can be inaccessible for small groups of friends.

Dynamo allows users to book and share luxury experiences with new, exciting people from the local community, making them accessible individually and on-demand.

For businesses in the hospitality industry, experiences are rarely sold directly, but always through intermediaries acting on their behalf e.g club promoters in the nightlife verticals.

Dynamo's big bet is around these 130,000+ intermediaries worldwide. We will allow them to expand their connections, upload and curate experiences autonomously, receiving more bookings and increasing their revenues. Dynamo's fee will be 7-10% of the total spent.

We recently re-branded as Dynamo after originally launching as Figaroo, and look to capitalise on initial interest from providers in 20 cities worldwide! We proved our business model by launching a successful App pilot in Mykonos, Greece.

Dynamo is now ready for its big launch in London!

Milestones

-Founder's personal Virgin Start-Up loan

-MVP developed Dec '18

-Raised £160k with Crowdcube (campaign began Nov '18)

-Developed iOS App Jun '19

-Mykonos pilot Jul '19

Next steps

-Improve iOS App

-Develop Android App

-Expand into Paris, Madrid, Saint-Tropez & Marbella

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