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The driver time-bomb is ticking. 50m carbon tonnes & 40k premature deaths from pollution. SKOOT uses proprietary tech to reduce carbon & congestion for every driver. Using "green" navigation we auto offset plus reduce congestion & pollution via lift-sharing. Funds for global roll-out & user growth.

  • Live on iOS & Android store with >18K users reaching #20 in app store.
  • Experienced Board with Advisors from Waze, Facebook and Addison Lee.
  • Ride-hailing industry worth $85.8Bn growing 16.6% PA.
  • Awarded Top 50 Fintech Start Up 2021 by TechRound.

Idea

"The night my daughter didn't come home was the catalyst for SKOOT". Greg's daughter spent the night giving lifts to friends via social media, as alternatives are too expensive and include potential stranger danger. SKOOT is a safer, sustainable option for every drive & lift.

We're driving the Carbon Negative Movement today with the 1M Tree Challenge. SKOOT plants a tree for every journey on the platform. Win-win travel.

Whether it's driving on your own, using our "green" navigation, or lift-sharing (as restrictions ease) our in-built features can co-ordinate journeys & share/split costs.

In early pilot discussions with a large Corporate assisting 'Net Zero' targets, together with signed FC partnerships (Forest Green, Bolton Wanderers). Interest from 30+ clubs, festival promoters & venue owners "Giving Fans A Lift".

Since May '19:

- Raised £3.1M, won £75K from Innovate UK

- Launched Errands feature to help during pandemic, over 1,200 tasks requested to date

- 2 technology patents applications submitted across US, Aus & Canada

- Investors include VC Low Carbon Innovation Fund

Multiple revenue streams:

- B2B: subscription, charging per active staff member

- B2C: small fee per mile for liftsharing, additional revenues through in-app gamification

Fundraising to extend the product, create more revenue streams & increase user activation. Planned launch in the EU, US, Aus & Canada by early 2022.

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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.

SKOOT 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.