KEA Outdoors

By Matt Butler

PledgeMe.Investment



NZ $384,906 pledged


140 people pledged


Closed


NZ $250,000 minimum target


Min

NZ$250,000

Max

NZ$500,000

100 100% Complete

This campaign was successful and closed on 31/05/2024 at 8:00 PM.

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About

KEA Outdoors

 

Note from PledgeMe

We have completed Equifax checks on Kea Outdoors Limited and their Director, as well as Google and Insolvency checks. There were no adverse findings.

 

Updates 13

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    Details

    Offer Details

    Current Valuation 2,500,000
    Raise Minimum 250,000
    Raise Maximum 500,000
    Share Price 1.00
    Minimum Pledge 1,000.00
    Maximum Shares Offered 500,000
    Explanation of valuation:

    The company valuation is based on 5.1x multiple of the 2023/24 revenue. This takes into account the developed brand assets/IP, international market traction and the manufacturing/ distribution network in place that will allow us to effectively scale the business.

    Company Details

    Company Name: KEA Outdoors Limited

    Company Number: 9429031207522

    Company Documents

    Documents no longer available to download, as this campaign has closed

    Director Details

    Name Role Profile URL Invested?
    Matt Butler Director https://www.linkedin.com/in/matt-butler-b6003664/

    Questions 4


    Hi Matt, how long are the store credits able to be used? I've got most of your gear, so it would be great to save up for new gear if possible. By the way, great to see that you have reached the minimum, we'll done!!

    Posted on 29-05-2024 by Geoffrey Reed

    Hi Geoffrey
    We haven’t set a time limit on store credits, they will just need to be used in one transaction. These will be issued as unique discount codes after the campaign has ended.
    It’s great to hit the goal, now it’s all up from here!
    Cheers
    Matt

    Answered on 29-05-2024 by Matt Butler


    Just wondering how much more investment is needed after this. Will my shares get diluted.

    Posted on 29-05-2024 by Jo

    Hi Jo
    We do plan to raise at least once more in the future to fund our expansion into the USA but have not considered dilution or buyback options yet. It's important that you evaluate the investment on the current offer as future raises have not been decided at this stage.
    Thanks
    Matt

    Answered on 29-05-2024 by Matt Butler


    I've already made a pledge and want to increase this by $500 to reach the next level of perks. How do I do this please

    Posted on 27-05-2024 by James Lowe

    Hi James, thanks for letting us know. We will get Pledgeme to sort this out for you now.
    Cheers
    Matt

    Answered on 28-05-2024 by Matt Butler


    Hi Hi. will you release a $500 level?

    Posted on 23-05-2024 by Deirdre Johns

    Sorry but we can’t change the minimum pledge level now the campaign has launched

    Answered on 23-05-2024 by Matt Butler

    Pledgers 140

    Joshua Purcell
    30/04/2024 at 1:51pm
    Cameron Bennett
    30/04/2024 at 1:38pm
    Alex
    30/04/2024 at 1:28pm
    Anna Murdoch
    30/04/2024 at 1:17pm
    Andrea
    30/04/2024 at 1:16pm

    "Great products & great service "

    Daniel
    30/04/2024 at 12:51pm
    Glenn
    30/04/2024 at 12:47pm
    Keegan Walsh
    30/04/2024 at 12:38pm

    "Potentially more to come"

    Rebecca Pittman
    30/04/2024 at 12:37pm
    Mohit
    30/04/2024 at 12:23pm

    "Wishing all the luck for the success and happy to see if can be of help in international expansion. Kudos to the founder Matt and his team."

    Shirley-Ann TePou
    30/04/2024 at 12:05pm
    Francis Caluya
    30/04/2024 at 12:01pm
    Jonathan Brown
    30/04/2024 at 11:53am
    Murray Sunckell
    30/04/2024 at 11:49am
    Michael
    30/04/2024 at 11:37am
    Andrew
    30/04/2024 at 11:31am
    Barbara Newcombe
    30/04/2024 at 11:29am
    Gavin Hull
    30/04/2024 at 11:26am
    Natalie
    30/04/2024 at 11:22am
    Patrick
    30/04/2024 at 11:18am

    KEA Outdoors

     

    Note from PledgeMe

    We have completed Equifax checks on Kea Outdoors Limited and their Director, as well as Google and Insolvency checks. There were no adverse findings.

     

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

      Offer Details

      Current Valuation 2,500,000
      Raise Minimum 250,000
      Raise Maximum 500,000
      Share Price 1.00
      Minimum Pledge 1,000.00
      Maximum Shares Offered 500,000
      Explanation of valuation:

      The company valuation is based on 5.1x multiple of the 2023/24 revenue. This takes into account the developed brand assets/IP, international market traction and the manufacturing/ distribution network in place that will allow us to effectively scale the business.

      Company Details

      Company Name: KEA Outdoors Limited

      Company Number: 9429031207522

      Company Documents

      Documents no longer available to download, as this campaign has closed

      Director Details

      Name Role Profile URL Invested?
      Matt Butler Director https://www.linkedin.com/in/matt-butler-b6003664/

      Hi Matt, how long are the store credits able to be used? I've got most of your gear, so it would be great to save up for new gear if possible. By the way, great to see that you have reached the minimum, we'll done!!

      Posted on 29-05-2024 by Geoffrey Reed

      Hi Geoffrey
      We haven’t set a time limit on store credits, they will just need to be used in one transaction. These will be issued as unique discount codes after the campaign has ended.
      It’s great to hit the goal, now it’s all up from here!
      Cheers
      Matt

      Answered on 29-05-2024 by Matt Butler


      Just wondering how much more investment is needed after this. Will my shares get diluted.

      Posted on 29-05-2024 by Jo

      Hi Jo
      We do plan to raise at least once more in the future to fund our expansion into the USA but have not considered dilution or buyback options yet. It's important that you evaluate the investment on the current offer as future raises have not been decided at this stage.
      Thanks
      Matt

      Answered on 29-05-2024 by Matt Butler


      I've already made a pledge and want to increase this by $500 to reach the next level of perks. How do I do this please

      Posted on 27-05-2024 by James Lowe

      Hi James, thanks for letting us know. We will get Pledgeme to sort this out for you now.
      Cheers
      Matt

      Answered on 28-05-2024 by Matt Butler


      Hi Hi. will you release a $500 level?

      Posted on 23-05-2024 by Deirdre Johns

      Sorry but we can’t change the minimum pledge level now the campaign has launched

      Answered on 23-05-2024 by Matt Butler

      Joshua Purcell
      30/04/2024 at 1:51pm
      Cameron Bennett
      30/04/2024 at 1:38pm
      Alex
      30/04/2024 at 1:28pm
      Anna Murdoch
      30/04/2024 at 1:17pm
      Andrea
      30/04/2024 at 1:16pm

      "Great products & great service "

      Daniel
      30/04/2024 at 12:51pm
      Glenn
      30/04/2024 at 12:47pm
      Keegan Walsh
      30/04/2024 at 12:38pm

      "Potentially more to come"

      Rebecca Pittman
      30/04/2024 at 12:37pm
      Mohit
      30/04/2024 at 12:23pm

      "Wishing all the luck for the success and happy to see if can be of help in international expansion. Kudos to the founder Matt and his team."

      Shirley-Ann TePou
      30/04/2024 at 12:05pm
      Francis Caluya
      30/04/2024 at 12:01pm
      Jonathan Brown
      30/04/2024 at 11:53am
      Murray Sunckell
      30/04/2024 at 11:49am
      Michael
      30/04/2024 at 11:37am
      Andrew
      30/04/2024 at 11:31am
      Barbara Newcombe
      30/04/2024 at 11:29am
      Gavin Hull
      30/04/2024 at 11:26am
      Natalie
      30/04/2024 at 11:22am
      Patrick
      30/04/2024 at 11:18am
      This campaign was successful and got its funding on 31/05/2024 at 8:00 PM.

      This campaign has closed, but this company may choose to do more equity raises on PledgeMe in the future. If you're interested in investing in KEA Outdoors , you can sign up to be notified when a new equity campaign from this company is published.

      Notify Me

      Investor Perks

      Community Level

      NZ $1,000.00+

      Ordinary shares + you will become a brand ambassador, so we want to ensure you can access gear at a special investor only deal at all times! 20% Off Lifetime Discount Access to investor only Facebook group Invite to annual investor/community event. A $200 store credit to spend online at keaoutdoors.com

      Community Plus

      NZ $2,500.00+

      Ordinary shares + Take your brand ambassador roll to the next level by ensuring you have some gear to show off! Includes everything above plus: A $500 store credit to spend online at keaoutdoors.com

      Ambassador Level

      NZ $5,000.00+

      Ordinary shares + you will become a product ambassador, so we want to ensure you you are decked out with plenty of gear! Includes everything above plus: A $1000 store credit to spend online at keaoutdoors.com

      VIP Level

      NZ $10,000.00+

      Ordinary shares + get exclusive behind the scenes access to product development and be part of the testing and improvement process. Includes everything above plus: Provide input during product development - Be the first to access and test product samples

      Team

      NZ $25,000.00+

      Ordinary shares + take your involvement to the next level by being part of the wider KEA Crew where you will get updates on the inner workings of the business. Includes everything above plus: Observe 1 board meeting annually - A one day guided group adventure with the Founder - Invite on the annual ‘Team Only’ adventure event.

      Executive

      NZ $50,000.00+

      Ordinary shares + become a true insider and stay up to date with all the workings of the business including having your say on key projects. Includes everything above plus: Observe all quarterly board meetings - A two day private guided adventure with the Founder - Shares held outside of nominee.

      Warning statement about equity crowdfunding

      Equity crowdfunding is risky.

      Issuers using this facility include new or rapidly growing ventures. Investment in these types of business is very speculative and carries high risks.

      You may lose your entire investment, and must be in a position to bear this risk without undue hardship.

      New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.

      The usual rules do not apply to offers by issuers using this facility. As a result, you may not be given all the information usually required. You will also have fewer other legal protections for this investment.

      Ask questions, read all information given carefully, and seek independent financial advice before committing yourself.