Actioncam360 produces a 360° interactive GoPro attachment that’s compatible with the hero 3 & 4 models. With a patent pending and proven sales from small marketing efforts the team are looking for £125,000 to grow sales.
Pre-money Valuation £600,000
- The attachment is retailed at £238.99 per item
- GoPro have 42% market share in their industry.
- Rapid growth is visible in the 360 iteractive video industry
- ActionCam360 has a patent pending on its product
It is our mission at Actioncam360 to produce equipment to take the best 360° interactive videos at an affordable price. For the last 10 years I’ve had a passion for designing curved mirrors to allow this. My extensive understanding of business started when I was 15 by winning a Ford Scholarship. Our product is directly aimed at GoPro users for which there are a significant amount. $1.6 billion sales for the company were recorded in 2015 and with a 42% market share in 2014, we feel the ActionCam360 has huge potential to reach a high number of GoPro users. The introduction of the GoPro Hero4 presented the possibility to turn it, with the addition of the actioncam360, into a product that can film interactive 360 degree videos with a VR experience.
It has been designed so it can be used with Hero cameras from 2 to 4. With the Social Media Market ever expanding it is becoming more popular for people to share their experiences on line with video. We believe that Actioncam360 will have a positive impact on GoPro head cams for users with 360 degree capture. We are seeking an investment of £125,000 for tooling, stock, advertising and admin to kick start the business. The 360 video market is growing rapidly. To ensure that we are at the forefront of this growth we need to develop rapidly.