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==Summary== | ==Summary== | ||
Almond’s mission is to empower millions of people to reach carbon | Almond’s mission is to empower millions of people to reach carbon Net-Zero by 2030, via a simple platform that helps individuals and businesses understand, reduce and offset their carbon footprint. Its app with carbon analytics from WWF has 2,400+ users. The company has raised £870k to date from investors. | ||
* C-Suite has achieved multiple exits with 40+ years combined experience | * C-Suite has achieved multiple exits with 40+ years combined experience | ||
* 52 paying brand affiliates signed-up, | * 52 paying brand affiliates signed-up, we estimate they have 7 million+ customers combined | ||
* Brands include Interrail, Monica Vinader, JoJo Maman Bebe, The Body Shop | * Brands include Interrail, Monica Vinader, JoJo Maman Bebe, The Body Shop | ||
* £870k raised to date from Angel + Institutional + Foundation investors | * £870k raised to date from Angel + Institutional + Foundation investors | ||
== | ==Idea== | ||
<vimeo>410125064</vimeo> | <vimeo>410125064</vimeo> | ||
'''Why Almond | '''Why We Created Almond''' | ||
70% of the global population are concerned about climate change | 70% of the global population are concerned about climate change but we estimate that only <0.1% know their carbon footprint - and even fewer offset it. | ||
Almond is a platform that empowers individuals and businesses to easily understand, reduce and offset their carbon footprint - and become carbon balanced. | Almond is a platform that empowers individuals and businesses to easily understand, reduce and offset their carbon footprint - and become carbon balanced. | ||
Our free app turns spending into a force for good, by automatically planting and protecting trees whenever purchases are made with our responsible brand partners via a connected bank card. | |||
'''The Market Opportunity''' | '''The Market Opportunity''' | ||
The green economy market capitalization is $4 trillion, and is projected to reach $12 trillion in savings and revenue by 2030. Meanwhile the offset market was $300 million in 2018 having grown over 140-fold in 10 years. Almond | The green economy market capitalization is $4 trillion, and is projected to reach $12 trillion in savings and revenue by 2030. Meanwhile the offset market was $300 million in 2018 having grown over 140-fold in 10 years. We believe Almond is well-positioned to be at the forefront of these rapidly growing markets. | ||
'''Why Almond?''' | '''Why Almond?''' | ||
·Our business model includes three core revenue streams: commission on consumer purchases, SaaS brand membership and offsetting products for businesses and individuals. | |||
* Partnered with WWF, Stockholm Environment Institute to provide carbon analytics | * Partnered with WWF, Stockholm Environment Institute to provide carbon analytics & we are speaking with two Challenger Banks to enroll their customers to our platform. | ||
* Member of Hatch CoLab's SDG Accelerator, selected from 1,000+ impact projects. | * Member of Hatch CoLab's SDG Accelerator, selected from 1,000+ impact projects. | ||
Join us in this green revolution and become a shared owner in | Join us in this green revolution and become a shared owner in our vision. | ||
==Team | ==Team== | ||
Our C-suite has over 40 years of relevant experience, with a mix of complementary backgrounds in sales, marketing, platform and software development. Our whole team has been brought together by a shared passion to make a positive difference in the fight against climate change. | |||
Oliver Bolton, CEO: 12 years experience in the FMCG sector. Developed 3 health drink brands (1 exited), co-founded VITL (a leading health app & Crowdcube Alumni). Winner of Virgin VOOM award. | |||
Rory O'Grady, CPO: 8+ years developing disruptive platforms. Founded The World Weekly, N-Stream and co-founded Essential Parent and Comufy (exited to King). Awarded Google DNI grant. | |||
Mike Panayotov, CTO: 16 years experience developing software across multiple programming languages for international companies. | |||
Lorenzo Curci, CCO: 5 years experience as founder of Huez a luxury sportswear brand sold internationally. 7 years experience at Credit Suisse as Head of EMEA Trade Support. | |||
Maddie Drake, Research Associate: Oxford Masters graduate in Environmental Change | |||
Veselin Stamenov: Senior Software Engineer | |||
Lora Yacheva: Head of Design | |||
Boris Jelev: Back End Developer | |||
[[Category:Thesis]] | [[Category:Thesis]] | ||
[[Category:Equities]] | [[Category:Equities]] | ||