Share
100% funded by 341 investors
instalment
monthly
term
1 year
yearly interest
5.5%
risk rating
C+
CRE-MAR seeks to innovate how we deal with death both from an environmental and a bureaucratic standpoint. The goal is to simplify a difficult and long process for those in mourning, offering complete and 100% online service, and to ensure greater sustainability in funeral ceremonies, using cremation and urns made of biodegradable materials.
Among 100 companies CRE-MAR was distinguished as the best start-up at ROAD2WEBSUMMIT in 2021.
The funds raised through this campaign will be used to finance the company's expansion so that more families can access this simpler, greener service.
The company seeks to ensure safety and proximity when honoring a loved one, offering a service that focuses on harmony with the environment. The promoter is innovating a very important service, but one that has been stagnant for decades. It is also investing in the digitalization of processes and in various ways to honor the dead, through the production of diamonds using cremation ashes and through memorial services.
CRE-MAR is committed to sustainability, recognizing the important role that the funeral industry plays in the transition to a more sustainable world. Its sustainability strategy is based on direct cremation and involves urns made of materials that come 80% from recycled paper and cardboard. The result is less cemetery occupation and no contamination of the soils and waters. Read more about this topic on the site.
Direct Impact
Indirect impact:
CRE-MAR's solution to reduce CO2 emissions and save energy by using environmentally responsible urns represents a breakthrough in the transition to a future where more sustainable alternatives for dealing with the aftermath of death will be affordably available. However, it is important to note that CRE-MAR, as a funeral services company, operates in a limited context when it comes to innovating and choosing partners, since the crematoriums with which it associates operate on a license basis and exist in small numbers.
The loan will be paid back through the promotor's sales and CRE-MAR is in the process of raising venture capital.
Finally, the promoter is a sole proprietorship company (ENI), therefore there is no need for a pledge since the sole shareholder is personally liable for the entity's debts.
Download Key Investment Information Sheet
Active since
Fiscal country
PT
Operating In
Industry
Communication
Women Shareholders
No
2022-08-17
The promoter Vitor Miguel Gama Oliveira has constituted a commercial society which assumed the development of the brand CRE-MAR and the loan Green Memorial. Thus the company Impartial Dimension - Unipessoal LDA, is the new loan’s promoter.
However, the original borrower, Vitor Oliveira, with the new company, will remain liable for the satisfaction of the amounts loaned.
The payments plan and other contractual conditions will not suffer any alterations and will remain as available in the Loan Agreement.
2022-05-08
First instalment was paid to all the investors
2022-04-08
341 investors successfully raised 25.000€
2022-04-05
This campaign is open for investment