Offcoustic IV

Financing the production of 27 phone booths for open-space offices.

Investment overview

Impact category

Green economy

Investment type

Loan

Yearly interest

6.3

Term

months

Risk level

B-

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 Square for One, Pod for Two e Pod for Four.

After the three successful campaigns where the promotor raised 230.000€ to finance 110 booths (Offcoustic I, II and III), Offcoustic now wants to raise an additional 90.000€ to co-finance another 27 units.

The number of Phone Booths required for a given period varies, so Offcoustic offers a subscription model, with maintenance, the possibility of changing the number of units, and the freedom to end the contract.

This model allows working from a circular economy perspective, where the useful life of the units and their resources is optimized. With this incentive to create longer-lasting products, and to optimize logistics and maintenance processes, Offcoustic wants to move away from business models dependent on fast consumption.

Despite being aware that they can't change the world by building Phone Booths, the company wants to build an ethical and sustainable business and inspire other entrepreneurs to do the same. Its focus is on building products that respond to concrete needs, in the most effective, efficient, minimalist, and sustainable way, with modern, fair working policies and a focus on the satisfaction of their teams.

What is the impact?

Direct

Promotion of responsible production: production is based on demand, not 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. 262 booth units in total have been installed or booked.
Incentive to local economy: production happens in Portugal, working with Portuguese carpenters, and using mostly Portuguese materials.

Indirect

Offset of carbon footprint: Offcoustic pledges to plant trees for every booth unit produced. Until now, Offcoustic has already financed the planting of 8,000 trees, which you can check out here. Offcoustic is partnering with a project in Lousã, in central Portugal, to continue the carbon footprint offset by planting trees.

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, not 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. 262 booth units in total have been installed or booked.
Incentive to local economy: production happens in Portugal, working with Portuguese carpenters, and using mostly Portuguese materials.

Indirect

Offset of carbon footprint: Offcoustic pledges to plant trees for every booth unit produced. Until now, Offcoustic has already financed the planting of 8,000 trees, which you can check out here. Offcoustic is partnering with a project in Lousã, in central Portugal, to continue the carbon footprint offset by planting trees.

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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