CoReorient (circular economy) Seeking €500k Investments (16,6% ROI)
With €300k revenues / 1.400 pilot users in 2021, 97% NPS and a €5M pre-money valuation, CoReorient is looking to raise €500k (€150k already committed) seed funding from Nordic investors for product development, open 20 new sites in 2022, strengthen the team and kick start international sales.
CoReorient platform brings 24/7 home equipment short rental service into apartment buildings saving space, money, and CO2.
Amidst the war in Europe and globally hiking stagflation CoReorient’s resilient service captures value from an existing market worth $150B (2.4% CAGR/Year). CoReorient is monetizing mainly through a B2B2C SaaS business model charged to end users (2-10€/month) and businesses (2.000 -10.000€/site). Revenue growth is projected at 3X yearly, reaching €350M by 2026 (56% net profit margin). CoReorient team of 12 combines 75+ years of commercial, sustainability and technology expertise.
CoReorient has already raised €200k in private capital, loans and grants to develop its platform MVP, which means that, after this investment round is secured, CoReorient is fully ready for commercial uptake internationally.
Read more in their pitch deck and website.
We aim to close this seed round by 1.5.2022. €10k is the minimum investment ticket size.
Get in touch with Marco Torregrossa to find out more.