This site uses cookies. By using this site you agree to receiving cookies. View Policy.
Successfully funded
/https://files-crowdcube-com.s3.amazonaws.com/files/pitch_pics/original/201805/blob_29eff8f31886abe9649a293fbc2a76d5)
Shopupp is a fashion app that launched in July 2017 with the aim to create a superior mobile shopping experience. It’s easy, inspiring and tailored to each user. After a strong performance in the first 9 months, we are now aiming to raise £200k to accelerate growth in the £16bn UK online apparel market.
- Mobile apparel market is approx £7bn. Estimated to triple over 4 years
- Attracted over 23,000 downloads in beta in the UK
- Experienced team with backgrounds from top firms (ASOS, Bain&Co)
- UK company raising to grow the team and further tech developments
Idea
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201805/1_-_idea_-_all_shops_in_one_app_squarer_8db59ecf2c949f293fede088ed6f70b2.png "Easy, mobile-first shopping solution that suits how women actually shop")
Easy, mobile-first shopping solution that suits how women actually shop
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201805/2_-_idea_-_similar_squarer_f48b08772020d2fcd31d32d95de421cb.png "Quickly find desired items & compare similar products")
Quickly find desired items & compare similar products
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201805/3_-_idea_-_match_squarer_aace5c8fe0eef1ed4d9b043bbaf9ac6f.png "Purchase entire outfits & see practical combination ideas")
Purchase entire outfits & see practical combination ideas
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201805/4_-_idea_-_shop_inspiration_squarer_1c51122b589cd523927910cd74fc77e8.png "Shoppable fashion articles with expert style advice")
Shoppable fashion articles with expert style advice
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201805/5_-_idea_-_checkout_squarer_930cb9bd043204bc919cc01b494e87c5.png "Buy from multiple retailers in one easy go, without the hassle of leaving the app. This leads to higher sales conversion")
Buy from multiple retailers in one easy go, without the hassle of leaving the app. This leads to higher sales conversion
:max_bytes(50000)/https://files-crowdcube-com.s3.amazonaws.com/files/opportunity_section_media/original/201805/6_-_idea_-_adapts_to_you_squarer_4f4541006512a27e11626078cc439539.png "Algorithm learns individual users' tastes to deliver a personal & relevant experience")
Algorithm learns individual users' tastes to deliver a personal & relevant experience
Our Mission:
Shopping on mobile is currently very frustrating. Finding the right item is time-consuming; there is either too much or too little choice and platforms are often awkward to navigate on mobile. Shopupp’s mission is to create the best mobile fashion shopping experience by being tailored to each customer and easy to use from discovery through to purchase.
Market:
Mobile apparel market is approx £7bn. Estimated to triple over the next 4 years.
Growth is underpinned by ‘mobile-first’ users and rising trust in mobile payment solutions
Shopupp distinguishes itself from competitors through a mobile-first solution and targeting a specific audience
Progress to date:
Initial £140k investment backed by professional investors in tech, fashion & retail
Successful beta launch in 2017 gained deep customer insights and testing of platform
Over 23,000 installs during test phase; customer acquisition performed consistently better than industry benchmarks, proving interest in Shopupp amongst a discerning target audience. On average, we achieved 35% lower cost per install across all acquisition campaigns.
Future:
Investment used for tech, team & strategic marketing
UK launch of full version app
Accelerated growth: Android & Desktop; global expansion with a proven formula
Revenue Streams:
Currently sales commission, with an aim to charge for premium advertising and data insights
Directors 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.
In order to access the pitch you must first become a qualifying member of Crowdcube on the basis of your status as either (i) self-certified ‘high net worth investor’, (ii) certified ‘sophisticated investor’, (iii) self-certified as a ‘sophisticated investor’ or (iv) certified as a ‘restricted investor’, in each case in accordance with the FCA’s Conduct of Business Sourcebook Chapter 4.7. Potential investors are encouraged to "cross examine" the Company by interactive due diligence and use of the available online forums to bring the "wisdom of the crowd" to bear. Accessing the pitch also means you agree to Crowdcube’s most recent website terms and conditions and investor terms and conditions, which include Crowdcube's limitation of liability.
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.
By registering or logging into Crowdcube.com to view the investment opportunity, you certify that you are legally entitled to view the investment opportunities, are an authorised investor and you agree to all applicable terms and conditions on this website, including this disclaimer.
To see the rest of the Shopupp pitch, join now.
It’s free, quick and easy.
Already registered? Log in
To see the rest of the Shopupp pitch, join now.
It’s free, quick and easy.
/https://files-crowdcube-com.s3.amazonaws.com/files/pitch_pics/original/201805/blob_29eff8f31886abe9649a293fbc2a76d5)
