SkootEco is a profitable, Certified B Corporation. The platform is built and the pilot goes live in November. We are raising £1.1M to take it to market, on one platform for SMEs, venues and large operators.
£6.80 per share · £10.9M pre-money · HMRC-approved Knowledge Intensive Company
Trading Business
£333KEBITDA
On c.£950K revenue expected in FY2026 (forecast, unaudited)
Carbon Credits Delivered
170Kunits
A £1.7M, three-year contract with Good Energy
Trusted by
73%
of UK SMEs report increased customer requests for sustainability data
Facing data requests
2 in 3
UK SMEs do not understand how to split emissions into Scopes 1, 2 and 3
Cannot categorise
37%
of medium-sized UK businesses were asked for carbon data by a customer in the last 12 months
Already asked
70-90%
of a typical footprint is in the value chain, the hardest part to measure
Sits in Scope 3
The Problem
SMEs are being pulled into carbon reporting by their customers
The request arrives through procurement and supplier questionnaires. Most SMEs cannot answer it, and three dated standards now set what they must produce.
Feb 2027
SBTi Net-Zero Standard V2.0
Validations open February 2027 and it is required for new targets from February 2028. Transition plans are optional for smaller companies, but buyers ask suppliers for them.
July 2026
The Voluntary Standard (Europe)
Adopted on 3 July 2026. Companies under 1,000 employees may refuse requests beyond it, so bespoke questionnaires give way to one specification from 2027.
In force
PPN 006 (UK)
A carbon reduction plan to bid for central government contracts above £5M a year. The NHS applies a lighter version below that, but suppliers still need their full baseline.
£500-£2,000
A day, for a PDF
Consultants charge £895 to £3,995 per report. Spreadsheets cannot show their working when procurement checks. Both of today's options fail.
Sources: UK SRS, 2026; edie SME research, 2026; British Business Bank; published SME pricing, 2026; SBTi Corporate Net-Zero Standard V2.0; Directive (EU) 2026/470; Commission delegated act C(2026) 5011.
SkootEco AI
Measure, Avoid, Reduce, Counter, with a human in the loop
Our framework mirrors the sequence ISO 14068-1 requires: you cannot credibly counter emissions you have not first measured and reduced. Three products are built and being tested ahead of the November pilot: SkootCommute, the MARC Baseline and the Carbon Reduction Plan.
M
Measure
Full baseline across all three scopes. GHG Protocol boundaries, DEFRA factors, all fifteen Scope 3 categories screened.
A
Avoid
Cut out emissions that don't need to happen at all, such as unnecessary travel or waste, before planning reductions.
R
Reduce
Sector-specific reduction pathway and a board-approved transition plan aligned to SBTi.
C
Counter
Residuals matched to verified credits from our own supply, with retirement evidence.
Govern, the fifth workspace
Board packs, policy registers, resolutions and the audit trail behind every figure. This is what a procurement team actually asks for, and what brings a customer back next year.
No report type ships without expert sign-off
Dr Naomi Marden, Head of Operations, holds sign-off authority over methodology and claims content across the platform. No new report type, factor set or claim template reaches a customer without passing that gate.
Business Model
Free to start, paid by the report, subscribed by size
Compliance spend is event-driven, so customers enter free, pay when a need arises, and subscribe once the needs repeat. Subscription pricing scales with turnover.
1. Enter
Free
The top of the funnel, and the first data in the account.
Carbon calculators
Scope 1 and 2 shown during the baseline conversation
Scope 3 unlocks with the report
2. Buy for the job
From £49 per report
Twelve reports. Documents already owned are deducted at checkout.
ESG policy suite, ISO 14068-1 aligned claim packfrom £495
MARC baseline, transition plan, PPN 006, SECRfrom £795
Bundled around the job
Answer a customer's ESG request£395
Bid for a public contract£1,295
Build a transition plan£1,495
3. Subscribe: SkootEco Complete
From £149 /month, 12-month contract
All reports, as they are released. Indicative list prices by annual turnover, to be validated in the pilot.
Under £5M£149
£5M to £50M£249
£50M to £125M£399
Over £125M£599
The first 50 customers receive founders' rates for 12 months.
Launching in stagesMARC Baseline, Carbon Reduction Plan and SkootCommute go live first, with further reports to follow. The pilot of 20 businesses from November tests conversion to paid, price by band, and the mix of reports and subscriptions.
Routes to Market
One engine, three routes
SMEs direct, venues through IACC, and large operators through IACC and direct: one platform, one methodology and one carbon supply.
SMEs direct
c.1,050
SkootEco AI subscribers in the 2030 forecast, at an average of £249 a month across turnover bands.
Venues through IACC
400
Member venues in 17 countries. IACC has endorsed SkootEco and opened its member network to us, with each venue choosing whether to adopt. County Hall in London goes live first, in November, and every event there is quoted with countering included unless the booker opts out.
Enterprise licences
$75K
Expected average licence, from $50K per revenue stream per year. We are in discussion with a US-listed hospitality group across its 11 revenue streams; no licence is signed yet. The forecast has 34 licences by 2030.
Financials
£7.4M revenue and £3.75M EBITDA by 2030
SkootEco delivered its first profitable quarter in Q2 2026, on a cost base restructured over the last two years. The platform accelerates a trading business with four revenue lines; it doesn't replace it.
Forecast EBITDA
FY2026 (expected)£333K
FY2027£90,079
FY2028£759,912
FY2029£2,216,144
FY2030£3,750,415
SkootEco AI gross margin (modelled)85%+
c.£950K
£1.2M
£3.0M
£5.3M
£7.4M
2026
2027
2028
2029
2030
Includes a Good Energy renewal at a third of the last contract (assumed, subject to procurement) and enterprise licences on today's engine, with no grant. Downside case (no Good Energy renewal, half the SME additions, enterprise six months later): £5.7M revenue and £2.2M EBITDA in 2030, with no extra funding needed. The forecast assumes 2% monthly subscriber churn (about 21% a year). It is before founders' rates for the first 50 subscribers, an estimated cost of about £50K in 2027, and excludes report-only sales and subscriber countering.
The Investment
£1.1M funds the year we go to market
The platform is built and was paid for out of trading profit. This raise puts a quarter into winning customers in 2027, holds about £250,000 in reserve, and the business stays EBITDA positive throughout.
EIS Eligible Investment
30%
Upfront income tax relief30% of your investment set against UK income tax in the year of investment.
0%
Capital gains tax on exitNo CGT on exit gains if shares held for 3+ years.
Loss
Loss reliefFor a 45% taxpayer, combined reliefs reduce the amount at risk to about 38.5p in the £1.
IHT
Inheritance tax exemptionBusiness Relief may apply after two years of holding, subject to current rules.
Investment terms
Raising
£1,100,000
Pre-money valuation
£10.9M
Price per share
£6.80
Of the company offered
9.11%
Instrument
A Ordinary shares, EIS
Minimum ticket
£20,400 (3,000 shares)
December 2026: £200,000 first close, including about £125,000 expected from pre-emption (expected, not committed). February to July 2027: £150,000 a month.
GrantThe equity round is matched to Innovate UK's Growth Catalyst Investor Partnerships, with up to £900K of grant being sought. Grants are applied for, not yet awarded, and neither is assumed in the forecast.
Team
Operators who build infrastructure
Proven leadership across fintech, ESG, product and commercial domains. All intellectual property is owned outright by SkootEco Group Ltd.
Greg Gormley
CEO & Co-founder
35+ years in technology. Co-founder of Bink, deployed with Barclays and Lloyds. Accountant by training and mentor to multiple startups.
Mark Stringer
CMO & Co-founder
30-year marketing career across blue-chip brands including Red Bull, Nando's and Virgin.
Ashish Devi-King
Chairman
20+ years in M&A and corporate finance at Credit Suisse and Deloitte. Runs a technology specialist investment advisory firm.
Dan Leitão
CTO
10+ years in product and engineering. Previously headed product at Onfido. Acting CTO overseeing the SkootEco AI build.
Dr Naomi Marden
Head of Operations
BA, MBA, MSc and PhD. A decade in technology startups including autonomous vehicles and green tech. Holds sign-off across methodology and claims.
Richard Berenson
Commercial Director
Trained lawyer and entrepreneur with multiple successful exits. Leads professional services and channel partnerships.
100%
IP retained by SkootEco
100% of intellectual property retained by SkootEco Group Ltd.
Next steps
The build is done. Now we go and sell.
£1.1M EIS · £6.80 per share · £10.9M pre-money · Knowledge Intensive Company approved
Unaudited management forecasts. EIS relief depends on individual circumstances, applies to individual UK taxpayers, not normally to investment through a company or trust, and may be withdrawn. Forecasts are not guarantees. Investment in early-stage companies involves risk, including loss of capital. Not an offer of securities. Capital at risk. Confidential: for qualified investors only.
Recognition
Get involved with SkootEco
Book a 30-min call with Greg directly, or get instant access to the investor deck and data room.
