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Bricksave

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Global platform making investment in exclusive properties around the world accessible and hassle-free.

112%
 - 
Funded 20 Feb 2020
£600,001 target
£673,025 from 387 investors
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Business overview

Location London, United Kingdom
Social media
Website www.bricksave.com
Sectors Property Digital B2C
Company number 10140737
Incorporation date 22 Apr 2016
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Investment summary

Type Equity
Valuation (pre-money) £4M
Equity offered 14.39%
Tax relief

EIS

Idea

Introduction

After hitting our target of $4 million invested through our fully automated platform, we want your help to reach our next milestone of $25 million by the end of 2020.

Over 50% of BrickSave.com users have reinvested on the platform and we have achieved higher than forecast returns on our investment properties.

Bricksave is disrupting one of the world's largest investment markets, offering real estate investments, with immediate returns, into institutional grade investment properties around the world.

Bricksave provides individuals direct access to institutional grade real estate investments that were previously only accessible to experienced, qualified, High Net Worth Investors.

The platform offers investments from as little as $1,000 into global property investments in an easy to use, hassle free, fully automated process.

Intended impact

The global real estate investment market is estimated to be worth over $217 trillion and until now has largely only been accessible by high net worth individuals or experienced real estate investors.

Bricksave are successfully engaged with Latin Americans to invest into global properties.

Capital outflows from Latin America are some of the largest in the world and we believe there is a multi-billion dollar addressable market of investors looking to put their money into secure, real estate investments in the world's leading currencies.

As the region embraces alternative financial products we believe now is the time to take advantage of the market growth, as shown by the three fintech unicorns coming out of Latin America in the last 12 months and huge flows of VC funds - including $2billion from Soft Bank - into the region

Substantial accomplishments to date

- Fully automated and functioning platform

- Proof of concept achieved, with paying customers using the platform

- Over $4 million invested through the platform

- Experienced founding team and advisors in place with successful track record

- We have achieved £1.4 million of investments through the platform in 2019

- 2019 Year on Year growth in excess of 260%

Since launch we have achieved proof of concept with over $4 million of investment passing through our fully automated platform and in 2019 launched an aggressive expansion strategy.

The lifetime value of each customer (LTV) is currently in excess of $919 whilst our CAC costs are 72.86 giving us a LTV:CAC ratio of 12:1.

As well as being featured in press publications in our target markets we are positioning the company to be the market leader and have developed relationships with major banking, legal and local partners.

Monetisation strategy

Bricksave generates revenue on the demand side through a simple 5% structuring fee and an ongoing management fee of 1% on all projects.

There are no fees to invest and all forecast returns are calculated taking into account all of Bricksave's fees. Crowdfunders can invest and start receiving immediate incomes from the rental yields on the properties.

We have built the platform for scale and increased volumes meaning that as the company grows we aim to maintain a streamlined team with minimal new hires.

In addition to this the business sees a strategic advantage to having funds set aside to assist the closing of properties where needed. In addition to being strategically useful we believe that this will generate additional revenue streams and assets for the company.

Use of proceeds

Proceeds will be used to continue the companies aggressive growth strategy, increase marketing efforts and further our market position in current geographies whilst implementing our internationalisation strategy.

33% - International Expansion

25% - Marketing

23% - Ongoing operational, including some unpaid consultants fees due to date

10% - Ongoing legal/regulatory

9% - Set aside for direct property investment/closing

Future revenues will also be supplemented by adding property management services to our offering once certain project volumes are reached in specific geographies. Some funding will be used to trial and explore this option.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Bricksave has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 29 November 2019 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £4,004,000

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Seedrs.

Pitch type

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Seedrs

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Warning

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None of the information in constitutes part of the campaign and it has not been approved or reviewed by Seedrs.

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