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Successfully funded
overfunded
Honeypot
117%
Raised
£117,290
Investors
119
Target
£100,000
Equity
22.67%
Pre-money valuation
£400,000

Goodbye swiping. Hello Honeypot, the new location based dating app that brings back fun & spontaneity. Check in & meet singles instantly, with over 50 planned honeypots in London & 40 Universities. Join us on our mission to make dating exciting again with Honeypot, & tap into a multi-bn £ sector.

  • Launching with 50 Honeypot areas in London & at 40 UK universities
  • Check-in to Honeypots and meet new people instantly
  • Opportunity to differentiate in the $3bn global dating market
  • Launching in London soon. Then the US, Barcelona and Paris in 2019
Information The company has already received and may spend £67,500, which is reflected on the pitch progress bar.

Idea

Honeypot is the new location-based dating app that connects singles in person.

Born out of the sheer frustration from current dating apps which rely too heavily on swiping, & matchmaking that can be a long & arduous interview process.

Our mission is to make dating exciting again, where meeting other singles becomes part of everyday life.

We want to bring back the excitement of approaching someone new, the butterflies, the spark, and with the helping hand of a location-based app.

Join us and invest in Honeypot, the evolution of dating, where singles meet face to face with fun & spontaneity.

Over 5000 singles joined our Instagram app this year. We’ll use your investment to develop our mobile apps and create over 50 honeypots in London & at 40 University campuses ready for Valentine’s Day 2019.

We're pioneering real-time environments for singles to thrive & meet through face to face interaction. By checking in, they will be able to see who else is checked in & arrange a meet up there & then even if it's just a quick hello.

Revenues will be generated from in-app purchases of messaging & alerts, premium version with unlimited access & advertising from venues & businesses.

We feel that there’s a huge growth opportunity to tap into global dating revenues by creating Honeypots in major cities in Europe and the US. We're already planning to launch in Barcelona & New York during our first year.

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Risk warning

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.

Honeypot has submitted their plans to raise money, details of their structure and trade etc. to HMRC and is awaiting advice on whether the share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax reliefs.

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.