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153%
Raised
£958,800
Investors
758
Target
£625,000
Equity
12.94%
Pre-money valuation
£6,451,341

Tropicfeel allows travellers (1.4bn per year) to focus more on travel and less on packing the right gear by designing high quality, versatile & sustainable gear. With +7.1M€ revenue on the last 20 months, selling in 140+ countries, Tropicfeel is poised for accelerated growth.

  • Tropicfeel aims to disrupt the  worldwide travel gear market, estimated at $140B
  • Positive EBITDA €305k with revenue of €3.3M (2018)
  • Customers love Tropicfeel; 150,000+ strong community & 3,000+ reviews over 4*
  • Most funded shoe & Spanish campaign ever on Kickstarter

Idea

Since 1990, international travellers have increased from 400M to 1.4B per year. And while outdoor types can find everything from Patagonia and yoga enthusiasts from Lululemon, what brand is encompassing modern travellers needs for a big adventure?

After learning that carrying extra footwear and luggage was one of the most reported travel pain points, Tropicfeel was born to make travel easier and more rewarding. They design and create versatile gear, allowing you to take one piece of kit for any location, being ready to jump into any new adventure. Anytime, anywhere.

With sustainability and innovation at its core, they've sold +150,000 products since launch in July '17, and have 15+ products in the pipeline, all containing +60% of recycled and natural fibres.

Tropicfeel is working to build a legacy brand to inspire and dress millions of travellers. Milestones to date include:

- Achieved €3.8M rev & EBITDA of -€234k in 2019

- Selling in 140+ countries inc. USA (20%), UK (10%), GER (10%)

- Our community grew to 150k members

- A clear product diversification strategy: Aim to create up to 40 product references in 2021

- Defining a travellers exclusive membership platform, educating on responsible travel for loyal customers

They are raising funds to accelerate international growth, develop their travel community membership programme further & become a household name for travel.

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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.