UCapture
Regulation Crowdfunding offering on SeedInvest (SI Securities)
$153,233
of $750,000 goal
20.4% funded
About the offering
UCapture is a green-tech platform that harnesses the power of consumers to combat climate change by getting companies to offset the carbon footprint of users' shopping, at no extra cost, creating a win-win-win for consumers, companies and the planet. Problem: Climate change requires us to go carbon neutral rapidly; however, we don’t want to pay for it. Solution: UCapture is an easy, fun and free way to offset your carbon footprint when you shop online. How UCapture Works: We’ve formed affiliate marketing relationships with over 25,000 online stores, like Expedia and Target. We’ve built a browser extension that is available in Chrome, Firefox, Edge and 3 other browsers. Our extension activates on partner websites; triggering UCapture to earn a commission when users shop. We use two-thirds of our commission to fund verified carbon offset projects, like reforestation. Our extension also automatically applies the best coupon code available, so users can save money and save the planet. Future Development: Mobile App: Our mobile solution will replicate our extension’s functionality for mobile shopping, tapping UCapture into a growing segment of e-commerce and boosting the value of each user. In-Person: We’ll bring UCapture’s business model to over 20,000 retail locations in the US through a card-linked system that will tap into in-store spending (proceed after capital raise). White-Label Partnerships: Monetize our technology further by offering other companies a turn-key solution for a customized loyalty program, boosting revenue and diversifying distribution (first contract signed with EnergyAustralia). Payments: We’ll expand to payment technologies, such as developing a rewards credit card that funds carbon offsets with every purchase (in development at Bankia FinTech accelerator). Traction & Roadmap: More than 4,000 users have generated over $55,000 in commissions which has led to over 7,000 tons of carbon offset by UCapture. In 2020, we will add to our product suite using the Seed capital raised; then, in 2021, we’ll conduct a Series A round to raise scale-up capital for a full-court marketing press.
FAQ
How much has UCapture raised?
UCapture has raised $153,233 of a $750,000 goal.
Where is UCapture's campaign listed?
The offering is listed on SeedInvest (SI Securities), an SEC-registered Reg CF intermediary.
What are the terms of UCapture's raise?
Crowd Note, $4.75M cap, 20% discount, 5% interest, 36-month term.
When does UCapture's offering close?
The stated close date is Jun 5, 2020.
