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Subscribbe is creating a platform for the £40 Billion market of over 46,000 Convenience and Independent stores (CI) who are being disrupted by giant big grocery retailers and eCommerce companies. Subscribbe is fundraising to launch V1.0

  • Large market of convenience/independent stores, 46k+ stores worth £40B
  • Proprietary technology in advanced development stages
  • Raised £400,000 to hire for core team, including product engineering
  • Experienced team in design, technology, product and business
Information £101k of the funds on the progress bar represent investment funds the Company has already received. The Company has indicated they may spend up to £20k of this whilst the pitch is live. The Crowdcube completion will occur at the same share price, valuation and share class as this previous investment.

Idea

We created Subscribbe to offer a whole new approach and alternative for the small Convenience and Independent (CI) stores. We see an opportunity to support these 46k stores who have traditionally had no bargaining power compared to supermarkets and wholesalers.

Our mission is to level the playing field for smaller players and enable them to become wholesale e-commerce businesses. Since launch in 2020, we have been developing the Subscribbe platform with the aim to enable CI stores to use proprietary fulfilment and logistics tech to connect independent warehouse and logistics operators across the UK.

Our platform aims to create a network effect in this ecosystem to compete with both big retailers and e-commerce players in the £40b convenience market.

These inefficiencies represent an opportunity for us to optimize via technology and capture a percentage of the market by adding value. Our revenue stream will be a mixture of % taken from manufacturers and a fulfilment fee.

With funds raised, we plan to continue product development and testing, ready for launch in 2021. We will also continue onboarding exec and operations teams, continuing on from successful hires in 2020, including Subscribbe engineers and the UX/Design team.

We are inviting you to be part of this exciting point in our journey.

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This pitch is approved by Crowdcube

This pitch is approved as a financial promotion by Crowdcube Capital Limited. Every pitch on Crowdcube is reviewed to ensure it is fair, clear and not misleading.

As part of our commitment to investor transparency, Crowdcube’s Due Diligence Charter outlines the analysis and verification that is conducted on equity fundraises on Crowdcube by our legal and compliance professionals.

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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.

Subscribbe 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.