When will the campaign start?
Early access 16th May 2022. Public access mid-May 2022.

What is crowdfunding?
Crowdfunding is where a large number of people pool their money together to back a business that they believe in, via an online platform, in our case crowdcube.com. See how it works here. 

Who can invest?
Anyone eligible customer over the age of 18 can invest.
 
Who is an "eligible customer"?
Anyone with the RexQ app who is over the age of 18 and who would like to participate in the crowdfunding, will need to sign up on the Crowdcube website and meet the eligibility criteria to become a Crowdcube user before being eligible to participate in the crowdfund.
 
Will eligible customers have exclusive access to the investment?
In short, yes! There will be a one week window where only RexQ customers, Rescuers, Partners, and friends who have registered their interest via this pre-reg page will have access, to ensure you don't miss out.
 
What will the valuation be?
If we fulfil our round of investment, it will value RexQ at £1.5m.
 
How much are you planning to raise?
We are looking to raise £150k.
 
How much can I invest?
You can invest from as little as £10.
 
What happens after I invest?
Just like buying shares in the stock market, investors in this crowdfunding round will receive actual shares in RexQ. Crowdcube will send you your digital statement of ownership and any tax relief certificate (if you're a UK tax payer). You will also be kept up to date with RexQ's progress and vote on any key decisions. 

Why is RexQ crowdfunding?
We soft-launched the RexQ app in the middle of the pandemic to test the water, to see if it's a viable product with a market fit. With little marketing, we grew from zero customers and zero rescuers to well over 2000 users in a matter of months. During this time, we tested a lot and also learnt a lot and we're now ready for a full-launch supported by a massive marketing drive. We want RexQ to be known all over the country so that drivers know that there is an alternative to the annual membership model, where you don't have to pay for breakdown insurance just in case one day you need help. Nearly half of drivers with an annual membership never make a claim, that's a load of money wasted!!

How do I make a return on my investment?
Return may be made through an acquisition or an IPO. We aim to not just operate in the UK, we have global ambitions! We want RexQ to be your roadside assistance companion wherever you are, whether on your business trip or holiday!

Who can I contact if I want more information?
Email us at info@rexq.com and we'll be more than happy to answer any questions.