Offcoustic II

Financing the production of 49 phone booths for open-space offices.

Investment overview

Impact category

Green economy

Investment type

Loan

Yearly interest

5.85

Term

months

Risk level

What will you be financing?

To answer the problem of the lack of meeting rooms for calls or video calls in modern open-space offices, Offcoustic designs simple and modern acoustic cabins, produced in Portugal, in a sustainable way, with high ethical considerations and competitive prices - the Phone Booth for One, the Focus Booth for Two and the Meeting Booth for Two.

After the first successful campaign where the promotor raised 45.000€ to finance 12 booths, Offcoustic now wants to raise an additional 75.000€ to co-finance another 49 units.

The product has been developed and marketed in Portugal, Spain, and the UK over the last three years following a continuous learning and growth process.

Taking into account that there is demand for varying numbers of Phone Booths for set periods of time, Offcoustic has recently launched a subscription model. For a competitive monthly price, it now offers its clients the use of the booths, its maintenance, and the possibility of changing the number of units or terminating the contract.

This modality allows Offcoustic to think from a circular economy perspective, where the product's life cycle and the quality of materials are optimized. With this incentive to create more durable products, improve maintenance processes, and create greener logistics, Offcoustic is moving away from a business model that is dependent on rapid consumption.

Since its first campaign in January 2022, Offcoustic has been met with increasing demand from coworking spaces, SMEs, and startups (check out the website and read the testimonials). Its offer of the "Phone Booth as a Service" is especially appealing for the flexibility it offers. At this moment there are 59 units installed or in production and no customer has canceled their subscription. Finally, Offcoustic maintains the sale of booths for customers interested in purchasing the product directly.

What is the impact?

Direct

Promotion of responsible production: production is based on demand and not on scale. Offcoustic intends to implement a circular economy flow in which they own the fleet of booths and thus, invest in its maintenance, to keep them functioning the longest period possible. 94 booth units in total have been installed or are in production now to be installed until June.

Incentive to local economy: production happens in Portugal, working with Portuguese carpenters, and using mostly Portuguese materials.

Indirect

Offset of carbon footprint: for every unit produced Offcoustic plants 100 trees. Until now, Offcoustic has financed the planting of 3.100 trees, which you can check out here, and have already ordered to plant another 6.300.

Impact indicators
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CO2 avoided per year

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

WITHOUT HURRY - LDA

Direct

Promotion of responsible production: production is based on demand and not on scale. Offcoustic intends to implement a circular economy flow in which they own the fleet of booths and thus, invest in its maintenance, to keep them functioning the longest period possible. 94 booth units in total have been installed or are in production now to be installed until June.

Incentive to local economy: production happens in Portugal, working with Portuguese carpenters, and using mostly Portuguese materials.

Indirect

Offset of carbon footprint: for every unit produced Offcoustic plants 100 trees. Until now, Offcoustic has financed the planting of 3.100 trees, which you can check out here, and have already ordered to plant another 6.300.

Promoter website

www.offcoustic.com

Team
‍

[{"id":162,"promoter_id":236,"name":"Rodrigo Pessoa Jorge","description":"Rodrigo holds a degree in management from Universidade Cátolica de Lisboa. This 28-year-old considers himself a Creative Generalist and an Optimistic Analytic. He founded Offcoustic in 2019 and works full-time as CEO of the company that he grew from scratch. He has experience working in Startups in the areas of Business Development and Partnerships. His passion for music since the age of 4 has led him to perform more than 100 concerts and to learn about audio and acoustics.","link":"https://www.linkedin.com/in/rodrigopessoajorge/","role":"Founder & CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/658/049/84a/65804984a617b132220623.jpg","avatar_id":123366},{"id":163,"promoter_id":236,"name":"Pedro Aguiar","description":"After studying Economics at NOVA SBE and completing his master’s in finance at ISEG, Pedro worked in innovation and commercial departments. An entrepreneurship and start-up enthusiast, Pedro is now responsible for Offcoustic's operations and sales.","link":"https://www.linkedin.com/in/pedrofaguiar/","role":"Operations and Sales Manager","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/658/049/a26/658049a263a0a414613629.png","avatar_id":123367},{"id":164,"promoter_id":236,"name":"Douglas Vargas","description":"Driven Technical Sales & Operations Manager with over 10 years in sales, customer service, and customer acquisition. Track record of successfully expanding customer base, product offerings, and range of services to quickly achieve significant and sustained sales and revenue growth.","link":"https://www.linkedin.com/in/douglas-vargas-433810144/","role":"Chief Sales Officer","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/658/04e/aac/65804eaacd3c2230515827.jpeg","avatar_id":123373}]

Business Model
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