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DaCapo

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Transforming music education in primary classrooms using the latest whiteboard technology

105%
 - 
Funded 19 Jan 2021
£80,002 target
£84,507 from 27 investors
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Business overview

Location London, United Kingdom
Social media
Website www.dacapo.co.uk/pages/53-dacapo-prim...
Sectors SaaS/PaaS Digital Mixed B2B/B2C
Company number 12119233
Incorporation date 24 Jul 2019
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Investment summary

Type Equity
Valuation (pre-money) £860K
Equity offered 8.95%
UK tax relief

SEIS

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Business highlights

  • Every UK child to benefit from a world class music education
  • 30 years experience. 40,000 children already reached.
  • Competitively priced subscription model with all schools in mind
  • Award winning music curriculum to be digitalised for teachers
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Key features

  • Secondary Market
  • Nominee investment min. £17.00 +
  • Idea
  • Key Information
  • Team
  • Updates
  • Investors 27
  • Discussion
  • Documents

Idea

DaCapo was established over 28 years ago, initially as a Saturday Music Centre, and has grown over the years with the development of our own music curriculum, publishing arm and the creation of our charitable foundation.

We are now looking to establish an online platform that enables primary teachers with little music expertise to teach music to their class. It's a simple, fun and effective tool that will teach to an ambitiously high level, with relative ease. Most nursery and primary music teaching in the UK is carried out by non-specialists, many of whom struggle with music theory. Even where there are qualified music teachers, they will find it difficult to source a progressive programme of learning and teaching of musical elements and notation.

Using the award-winning DaCapo curriculum, our software will work like an app on an iPad. Everything is taught through songs; the children and their teachers are guided through a variety of activities that help them to learn all the elements of music - pulse, pitch, rhythm, expressive elements coordination, improvisation/composition, literacy and performance.

Please see the testimonials in the “Key Documents” section.

Substantial accomplishments to date

DaCapo has 30 years of experience in music education.

Over 40,000 children have been taught with our methods.

We currently deliver classroom music in nine London primary schools and run a Saturday Music School for over 100 pupils.

Over 100 teachers have trained with us since 2000.

We’ve written a fully published curriculum. It was the winner of the Rhinegold Award in 2014.

DaCapo projects have taken place across the UK and also in the Netherlands, Spain, Singapore and Indonesia. Our in-schools' work began after a hugely successful project in Northern Ireland in 2000 which was designed to get quality music teaching into more primary schools. The project taught us that a higher level of music-making can be achieved with short daily activities delivered by the children’s class teacher than can be achieved by a music specialist visiting once a week. With this knowledge, we developed a training programme for school teachers who have little or no musical knowledge (leading to the Rhinegold Award in 2014).

Many years of running a busy and thriving Saturday Music School has enabled us to develop a full curriculum from Toddlers to Adults which has been tried and tested over the years. We also have comprehensive short term or long term training programmes for both classroom teachers and specialist musicians.

Thus far these projects, classes and trainings have been carried out through our charitable foundation. We are now looking to utilise this experience to create a revenue generating business by digitalising and productising our curriculum.

Monetisation strategy

The software packages will be sold to schools on a licence/subscription model.

Each Key Stage* costs between £200 -£500 per annum depending on the size of the school.

We are aiming to sell 500 licences in year 1 and 4300 by year 6.

*Key Stage F&EY = Early Years.
Key Stage 1= Infants.
Key Stage 2 = Juniors

Use of proceeds

The £80,000 we hope to raise on this initial private Seedrs round is expected to be enough to see the Minimum Viable Product (MVP) built and enough material to take us into the market and enable us to secure feedback, testimonials, a following and the first advance sales.

A further public round on Seedrs is planned and that will pay for the completion of the product for every primary school year, for sales, marketing and the general running of the new business.

Key Information

Corporate Structure

Investors in this round will be investing in DaCapo Primary Music Limited, which owns the IP in the DaCapo brand, method and materials. This entity will run all the commercial work behind the DaCapo brand, including the design, publishing and selling of resources, as well as the development and commercialisation of the online platform.

The DaCapo Music Foundation, a registered charity, will continue to run the Saturday Music Centre, music projects, workshops and classes in schools. The foundation has a royalty-free licence from DaCapo Primary Music to use the DaCapo IP.

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

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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

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This campaign for DaCapo has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 30 November 2020 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.

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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 £860,030

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