equityEquity
Capital at risk
£0.8m
Valuation
1.2%
Equity share
SEIS
Capital at risk
SEIS
Amount
£
ownership
Minimum investment is £20
SEIS Tax Relief
£
Ownership share

Chored can make life easier for people living in shared accommodation through better chore management, managing bill payments and dedicated communication channels.

Making life easier for people living in shared accommodation through better chore management, managing bill payments and dedicated communication channels.

They have tapped into a proliferating market and are the first British company to offer a solution to young house-sharers.

The company has recently been accepted onto UCL's Decide platform (1)- a business support programme for start-up technology firms. UCL has agreed to help Chored with a design overhaul as well as to test and market the app to UCL students.

1 - http://shoutout.wix.com/lp/785ea50a-a008-4776-b02e-b402b26e6544#/main

X

Equity - product type
Maximum
£ 10k
Raised
£ 17k
Investors
38
Est close date
Funded 7 years ago in 59 days

Where will the funds go?

iOS continued development and optimisation
£1,500
Marketing
£2,000
Android development and distribution
£2,000
Web App and Site development
£2,000
Platform optimisation
£1,500
Legal and salary
£1,000

Key people

Oliver Southern
CEO
Melvin Wijenayaka
CTO

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Business brand

London, UK

"Making life easier for people living in shared accommodation through better chore management, managing bill payments and dedicated communication channels."

Business stage
Seed
Incorporated
8 years, 0 months
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Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.