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Vendoir aims to become the go-to app for instantly sourcing & booking event vendors on-demand with ease. Having started the app development with an active waitlist, and featured on Forbes, they are now seeking funding to accelerate the product launch targeting the £43bn UK events market.

  • Aim to disrupt the event industry post Covid-19 with an on-demand app
  • Part of London & Partners Business Growth Programme Spring Cohort 2021
  • Featured on Forbes
  • A waitlist of 1300+ and a social community of 1900+ 

Idea

Common problem

We believe sourcing event vendors as a customer can be a nightmare, the process of consolidating, booking & receiving payment as a vendor is out-dated and can be stressful, time-consuming, & daunting. These prevent many events from running smoothly, within budget or on-time. Start-up vendors & sole traders find it difficult & expensive to market their services as they use platforms like Facebook which lacks payment protection.

Gap in the market

Finding a DJ, Photographer etc. for your event should be stress-free, affordable, on-demand & in one platform, right? The process is still not as easy as it is to instantly book a taxi using Uber or a trader from trust a trade.

Vendoir is being designed to operate as a marketplace model & plans to earn revenue through commission on each transaction & premium accounts.

Post pandemic

We anticipate a social boom waiting to happen post restriction. With a waiting list, community beta testing aimed for Q3& then an MVP product launch later in Q3 2021, we're strategically positioned to capitalise on overdue & rescheduled events. These will help vendors bounce back, start generating revenue & enable customers to book vendors(s) within budget.

The team has commenced regular meetups to engage the community & share ideas during the app development. We're fundraising to accelerate app development, marketing, and launch..

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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.

Vendoir has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 50 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.