This site uses cookies. By using this site you agree to receiving cookies. View Policy.

112%
Raised
£393,980
Investors
407
Target
£350,000
Equity
6.16%
Pre-money valuation
£6,000,000

OPUMO is on a mission to build the digital department store of the future - a data-driven, zero-inventory marketplace enabling brands to reach customers looking to discover & shop the latest fashion, art, furniture, technology & more. Launched in March 2017, the platform has seen sales of £2.3m.

  • 450+ brands have signed to list products on the platform
  • £2.3m sales through the platform to date, resulting in £437k revenue
  • Revenue grew 196% yoy comparing Sept 2017 (£56k) to Sept 2018 (£167k)
  • Addressing the €262bn personal luxury goods market

Idea

With marketplaces set to account for 39% of global online retail by 2020, we’re intent on disrupting the €262bn personal luxury goods market.

Powered by a mix of commerce, content, and community, OPUMO offers brands an invaluable marketing channel and enables them to connect directly with new customers. Since launching the marketplace in March 2017, 12,500 customers have made 20,300 purchases, generating £2.3m gross sales resulting in £437k revenue (-£833k EBITDA).

Commerce: We currently showcase over 9,000 products from over 450 of the world's best designers including Paul Smith, Tom Dixon and Bang & Olufsen. Each product we find and curate is significant in the way it unifies form, function and style, enabling our customers to surround themselves with fewer, better things.

Content: The OPUMO Magazine delivers the latest in art, architecture, automotive, design, fashion and interiors and has contributed to a 155% organic new user growth since Q1 in 2018.

Community: Central to our growth strategy, The Club is a strong, active community of over 8,000 members who get rewarded for shopping, referring friends, recommending brands and contributing to content.

We have positive revenue and customer growth traction to date, an experienced team and a scalable, capital-light business model. We’re now giving you the opportunity to invest in our future and be part of the next chapter of OPUMO.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

To see the rest of the OPUMO pitch, join now. It's free, quick and easy.

Due to financial regulations, you need to join our community to view the full investment opportunity.

Join

Already registered?
Log in

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.

OPUMO 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.

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