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Found uses proprietary technology to allow customers to search, order-ahead & pay for pickup or dine-in options. Planning to digitise the ordering process for the £88bn UK F&B industry, Found is ready to start talks with venues across London and is on track to launch in August 2020. Funds being raised to support launch & scale.

  • Digital transformation technology proprietary to Found
  • Meeting new need for ways of operating in F&B sectors due to COVID-19
  • Built on cloud architecture for high scalability and growth potential
  • Multi-disciplinary team. Silicon Valley & tech startups experience

Idea

Born from the vision of creating a wayfinding system to allow users to save time, we refined Found into an order-ahead-and-pay solution for the often ignored pickup-and-go/dine-in market. We aim to address the pain points of quick-service restaurants and their customers through our app, which will enable contactless ordering and payment at multiple venues via a single-sign on.

Our intention was always to add convenience to consumers' lives. With our app, venues will also benefit through enhanced data insights into their operations/customers, increasing the potential for higher revenue, through streamlining their operations.

Our proposition has been further validated in the current business environment post Covid-19 lockdown, as reopening F&B venues are being strongly encouraged to have customers order through apps, to operate safely and profitably.

Alongside our blended revenue model, which will be achieved through transaction fees, we are also creating Found to contain a lifestyle ecosystem of articles, shared content and reviews which will create continuous touch-points between venues and users.

As we move to finalise the platform and begin to approach venues across London in the coming weeks, Found is positioned to enter the £88bn UK F&B industry in August 2020. We are seeking funds for marketing, venue onboarding, user acquisition and operational setup in London.

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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.

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

Tax relief is available to individuals only, with income tax relief currently set at 30 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.

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