Become Shareholders
Seed InvestmentmiPic was created by UK Chartered Architect Carl Thomas, to empower Creators to launch instant Personalised Print Stores, democratising premium print manufacturing and free social e-commerce allowing everyone to upload a picture and earn money in just 3 clicks.
The Platform champions the Creator Economy and we invite you to join our journey as Shareholders and benefit from Company growth as we embark on a next chapter to become the first Premium Print Marketplace to merge traditional E-Commerce with DeFi via SAAS Subscription.
Highlights
👨🏻🎨 142,600 Artists in 210+ locations 🌎
📱 180k+ App downloads
🎁 Customers in 80 Countries
💰 Six Figure Revenues before paid Ads
🏬 Labs in UK, US, AUS, EU, CA, MX
🗣 100% Organic growth 2020-2022
🪙 £75 Avg Order Value £0 CAC
🦠 Covid +557% Revenue / +450% Transactions
Forbes: The Arty Marketplace You Need To Know.
Advisors: Shazam Co-Founder & former CFO of Getty Images.
The Problem
1) Creatives are short on time, money and want control over how their content and brand is commercialised.
2) Existing “hub” based print platforms commoditise artists and don’t reflect this new reality of individualism.
3) SAAS services such as Shopify, require lengthy upfront setup time, tech knowledge and expensive recurring costs for the Seller.
The Answer
Angel Investment
£500k
- £100k for 1% equity
- 210 Investor Pledges received of £600k before Crowdfund promotion
- EIS available (30% tax relief for UK elibile investors )
Venture Capital
£2m
- Discount follow on at Series A
Personalised
Print Stores
Progress to date
miPic won Innovation and Peoples Choice awards at Virgin’s Voom Pitch to Rich competition from 300 companies, pitching to Sir Richard Branson, Moonpig Founder Nick Jenkins and Holly Tucker Founder of Not On The High Street.
This validation enabled miPic to raise external investment, £170,000 Pre Seed first round funding on Crowdcube from over 50 UK investors. The Company then built miPic v1.0 in London and Buenos Aires Argentina, enabling a £1.3m Seed investment from the lead investor and Venture Family Office of UK unicorn Starling Bank and Palantir.
Following soft launch the company has operated organically, seeing +500% increase in print sales and +80% in Average Order Value from organic Artist Collabs and Personalised Stores during the pandemic.
The platform continues to attract Influencer and Creator sign ups via miPic network affects before paid marketing spend with the goal to onboard 1 million creators to the platform.
B2C Example:
-
1m site visits per month at 1% Conversion
-
£75 Average Order Value = £1.5m Print Revenue per month
Gross margin:
-
Marketplace & Print Your Own: 50% to 80%
B2B SAAS Example:
-
1m Creators subscribe to miPic PRO at £5 per month = £60m Annual Revenue
Network Affects:
Social Commerce is the driving force of discovery for artists, photographers and influencers. miPic bridges premium print manufacturing with instant monetisation allowing Instagramers to sell their images instantly.
Creator Economy
$100b Market size.
200 million Creators.
- $12b Online Art Sales 2023 double that of 2019
- $133b Home Decor Industry Consumers now seek creative expression via unique lifestyle products
The Market
Industry Comparables in online Print Marketplaces & the Crypto Art market present and ROI for Seed investors of 10x to 200x in the next 2-3 years.
Exit range from $100m to $1bn+ for Marketplaces. SAAS platform enablers such as Shopify now valued at $80bn, a +4500% stock price increase since the IPO.
- NFT: Opensea raise $300m in Jan 2022 at $13.5bn, Providing Seed investors 135x just 9 months after $20m Series A in March 2021
- Print: Displate acquired by PE firm for £300m November 2020
- Print: Printify raises $45m on a $300m valuation via Tech Crunch
- Print: Redbubble generate $289m in Print Sales in Half Year results 2023
Community
Owned
Company
Future Objectives
- Web3 integration combining exclusive Print and NFT’s
- miPic PRO Tools & Products
- Reward miPic Users for engagement on the Platform with miPic Token.
Our Values
Enable miPic Users/Creators and customers to share the reward of company success.
We will assign a portion of Company (or Group Company) Equity to our Community. Founding Featured Artists who joined the platform during Beta launch and v1.0, alongside customers and NFT owners.
Equity will be distributed via Community Pool Shares within a new Share Class.
miPic was created to empower people worldwide and we want our community to be rewarded through joint success thanks to fantastic Creator contribution to the Platform so far, differentiating ourselves from traditional Print Marketplaces who traditionally commoditise artists.
Angel Investment:
£500k
- Example: £100k for 1% equity
- Previous investment Valuation £7.8m
- EIS available (30% tax relief for UK Angels and VC’s)
Seed Venture:
£3m pre Series A
Majority Owned by the Founding Team
miPic’s Founding Team are +70% majority owners of the company alongside early Crowdfunding shareholders of 6%.
miPic’s Seed Investor is the private Venture Family Office and lead investor of UK unicorns Starling Bank and Addedpar. Alongside entrepreneur investors and exited founders who have scaled businesses to £40m and £600m Exits.
This next funding round enables Development & Marketing budget targeting Series A investment of £10m in 2025.
You’re in
good company
Invest in miPic
Direct investments will be added as the Anchor Investment Total within our Public Crowdfund.
Join our existing 60+ shareholders and become part of the miPic journey.
£500
15% off next five + £50 code
£1000
20% off next five + £100 code
£2500
20% off next five + £150 code
£5000
25% off + £250 code
£10k
20% off for Life + £350 code
£25k
25% off for Life + £1k code
£50k
25% off for Life and a £2k Voucher.
Inclusion in our Investor Plus list to receive Half Year (six month) Equity Air Drop.
£100k
30% off for Life and a £5k Voucher.
Inclusion in our Investor Plus list to receive Half Year (six month) Equity Air Drop. A Shares.
Investment payments made with Stripe.
Investors will be subject to KYC requests (Know Your Customer) during Completion. For further information regarding your investment please contact invest@mipic.co
Investors will adopt and sign up to the following documents:
Deed of Adherence to join the current and future Shareholders Agreement & Company’s Articles of Assosiation.
Investor Subscription Letter confirming investment and your shareholding amounts.
ETH & BTC
Invest via Crypto. Transfers converted into FIAT (£)GBP Value to determine investors Share amount (launching Coming Soon)
Crowdfunding Campaign
Investors who’ve made a Pledge allows miPic and Seedrs to contact you with news and updates before and during the Public Crowdfunding Campaign launch.
(£) Investment Pledges
New Investors Pledged
NOTE: Investor Pledges have been received via Crowdfunding platform Seedrs prior to any public announcement or promotion via a Coming Soon page.
Enterprise Investment Scheme
The company received Advanced Assurance under the SEIS and EIS scheme as part of our first Crowdfunding Campaign. We have since completed EIS investments UK eligible investors.
What is EIS ?
The Enterprise Investment Scheme (EIS) is a longstanding UK government scheme, designed to help smaller higher-risk trading companies raise finance, by offering a range of tax relief to investors who purchase new shares in those companies.
In simple terms, your tax deduction is discounted in your monthly payslips.
View EIS Examples
Income tax relief ✅
Capital GT relief ✅
Free Capital Gains Tax if investment is held 3+ years.