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Successfully funded
Capital at risk
overfunded
Exceedence
129%
Raised
£324,070
Investors
372
Target
£250,000
Equity
13.94%
Pre-money valuation
£2,000,000

Exceedence makes and sells software to help businesses fast track, plan, analyse and de-risk their investments in renewable energy projects. They are launching their new Cloud-based platform with the intention of disrupting the $300bn Renewable Energy industry and create a more sustainable future.

  • Launching B2B cloud-based Renewable Energy & Finance Software package
  • Targeting an exit via trade sale to customer or partner in 4-5 years
  • Products co-developed with a multinational energy company
  • University Spinout 2015 and profitable every year since
Information Exceedence are an Enterprise Ireland HPSU and intend to apply to Enterprise Ireland for further equity funding to match this round (matched funding) once this round is closed, though this is not guaranteed to be granted.

Idea

A view of our combined product with Wood PLC - Optiwave
A view of our combined product with Wood PLC - Optiwave
Example screenshot of our new cloud product ExceedenceFINANCE
Example screenshot of our new cloud product ExceedenceFINANCE

Renewable energy projects require in-depth technical and financial analysis to calculate the energy and income likely to be generated. Our research suggests no standard tool exists to generate these or to stress test an investment. The industry relies on spreadsheets and typically requires businesses to employ a consultant or expert, which can be costly.

Exceedence has created a software solution with the ability to make technical and financial decisions faster, more transparent and robust thus helping fast-track investment in renewables. Developed in a world-class research centre in 2015 from a desktop prototype, we are now ready to launch our new cloud product.

The market was worth $333bn in 2016 and keeps growing. We have generated €713k turnover (€40K Profit) in 2017 and have already made the 1st pre-sale of our cloud product in April 2018. We have won 2 tenders through the Wave Energy Scotland SBRI Programme totaling £585,000.

Exceedence has been featured in the Guardian, Sunday Business Post, Irish Examiner, Irish Times and many trade magazines and industry publications. We are currently co-developing a product with a multinational energy company with an MOU in place.

We have received €100k in pre-seed investment from NDRC in 2016 and the Microsoft Bizspark Plus fund is providing us with $360k worth of services in kind until 2019. Disclosure: loans exist.

THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS.  CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
 
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest.  The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan.  There will be no public offering of the Securities in the United States.
 
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If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.  Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company.  Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
 
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    Crowdcube is a leading investment crowdfunding platform

    Successfully Invested
    £562m+
    Registered Investors
    624k+

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