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Georganics

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Georganics manufactures sustainable, ethically sourced and natural oral-care products

122%
 - 
Funded 5 Aug 2024
£300,000 target
£377,828 from 195 investors
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Business overview

Location Haywards Heath, United Kingdom
Social media
Website georganics.com/
Sectors Home & Personal Non-Digital Mixed B2B/B2C
Company number 14587447
Incorporation date 12 Jan 2023
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Investment summary

Type Equity
Valuation (pre-money) £2.8M
Equity offered 11.76%
Share price £2.75
Tax relief

SEIS

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Business highlights

  • 1000+ POS and distribution in 15 countries
  • 500 new online customers per month and 55% retention rate
  • 500K+ state of the art production facility
  • First funding round and EIS eligible
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Key features

  • Secondary Market
  • Nominee investment min. £22.00 +
  • Direct investment min. £15,000.00 +
  • Pitch
  • Key Information
  • Team
  • Updates
  • Investors 195
  • Discussion
  • Documents

Pitch

About the Campaign

What are the brands that comes to mind when thinking about Oral care? The brands that often come to mind typically do not emphasise sustainability or natural ingredients. This is why we created Georganics.

At Georganics we make a stand, we manufacture low-impact oral care products that are kind to our health, to the planet and to our environment. We offer a wide range of products (80 SKUs of dental products), 75% of which are produced in our own UK factory. All our products are formulated with organic and natural ingredients, and their unique compositions are proprietary.

Market Opportunity

Positioned at the intersection of the growing sustainable personal care and oral care markets, we are gaining traction with over 500 new online customers each month who incorporate Georganics into their daily routines. Having just started our expansion, we are proud to realize 40% of our turnover from international markets.

Traction & Key Accomplishment

- 725k turnover over the last 12 months (up to March 24)

- 1000+ stores selling our products across Europe

- 1000+ number of monthly orders on our website

- 80% people visiting our website have typed the word Georganics in their research bar. This demonstrates the potential when we will start investing into online advertisement.

- 55% - retention rate on our website which demonstrated that we are part of a lot of people daily routines.

- Conversion rate on our store is currently at 5.39%, CPA at GBP 13.2 and AOV at GBP23 which is clearly demonstrating potential for growth

Team

We have a very strong team with diverse experience including entrepreneurship, strategic, financial and cosmetic experience which are more than experienced to bring Georganics to the next level.

Business Model

Our distribution channels are highly diverse. We achieve a balanced sales mix with 53% B2B and 47% direct-to-consumer. Geographically, 59% of our sales are within the UK, while 41% are international. Importantly, no single customer accounts for more than 7% of our turnover. Georganics products are available in numerous UK retail chains and over 1,000 stores worldwide.

But our journey is just beginning. We're currently engaged in early stage discussions with several other potential partners, and we're thrilled to unveil these exciting developments to you soon.

Use of Funds

Georganics is now fully ready to move to the next level and your support can help us achieve the following:

- Enter the US market where traction has been demonstrated already. We are sending around 2 packages per day to the US (despite delivery cost of 25GBP) and receive multiple trade inbounds that we can’t fulfil

- Increase traffic and conversion on the website by investing wisely into our digital marketing strategy

- Expand our innovation pipeline by developing new products that our consumers have been asking for

All of these will help us keep our growth momentum.

Key Information

Founders’ interests

Georganics co-founders Stephanie Brassinne and Charles-Henry Van Boxmeer are also the founders and shareholders of Odyskin, a Belgian sunscreen company. Odyskin employs some people in Belgium who solely work for Georganics and invoices this back to the company.

Stephanie and Charles intend to find a CEO for Odyskin and ensure they are fully dedicated to Georganics after the investment round.

The co-founder and COO, Charles-Henry Van Boxmeer, is also a director in 2 different companies: Noa Water Ltd (11785754) and Oree Boulangeries Ltd (09214892). Charles is full-time dedicated to Georganics.

Material Debt

The company has the following outstanding loans:

1. £200,000 loan from the founder at an interest rate of 0% per annum. Currently, there’s no repayment plan in place.

The funds raised from this investment round will not be used to repay these loans.

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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.

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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

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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 webpage is issued by Seedrs Limited (trading as Republic Europe) ("Republic Europe"), and has been approved as a financial promotion for the purposes of s.21 of the Financial Services and Markets Act 2000 by Prosper Capital LLP ("Prosper") which is authorised and regulated by the Financial Conduct Authority with firm reference number 453007 on 21 August 2024. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Republic Europe platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Republic Europe platform. It is not for distribution in the United States of America and all investment activities take place within the United Kingdom. Any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Neither Republic Europe nor Prosper provide advice or recommendations in relation to any investment on this site. 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. Neither Republic Europe nor Prosper provides 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 £2,750,000

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.

Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

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Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

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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