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116%
Raised
£1,169,980
Investors
251
Target
£1,000,000
Equity
10.11%
Pre-money valuation
£10,400,000

Featured in Forbes and the FT, Undandy offers fully customizable, handcrafted shoes. Via their 3D online design platform, over 20,000 customers from over 130 countries have designed and purchased 22,000 pairs of shoes. Undandy aims to become the definitive customisable footwear brand.

  • Multinational team serving customers in over 130 countries
  • Consumers design their shoes on Undandy's 3D online design platform
  • Sales grew from 300 to 2000 pairs of shoes per month between 2017-2018
  • Generated sales of €1.7M and -€466k EBITDA in 2017.

Idea

Undandy was founded in 2015 in Portugal with a direct-to-customer business model. Its aim is to preserve traditional shoemaking with the aid of modern technology. Using our online 3D design platform, customers are able to choose from over a billion different design combinations for their shoes, which are then handcrafted to the customer's unique specifications in Portugal's shoemaking capital.

Customisation is a growing trend and is frequently refered to as the new concept of luxury. Undandy is able to offer unique, customised shoes without the luxury price tag owing to its direct-to-customer, e-comerce platform.

The company has experienced exponential growth since inception in 2015. Over 40% of our customers have become repeat customers already buying at least a second pair in under two years. Undandy has customers in over 130 countries. Forbes, The FT, Monocle and Business Insider have all featured Undandy as a disruptive shoe brand offering a unique, high quality product for a fraction of the price of a traditionally handcrafted dress shoe.

We are now raising through the crowd with the ambition of acquiring our current manufacturer to facilitate thatUndandy sustains its current growth rate, controlling the experience from A to Z as a result of the vertical integration.

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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.