Tomasz Freier

Head of Compliance
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Tomasz Freier

Head of Compliance
Angels Den
tom@angelsden.com

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FORESTCAR

ForestCar is an airport car sharing service. They offer car owners free airport parking in exchange for renting out their vehicles while they are away. They are called ForestCar because they invest a share of their revenue into reforestation programmes. The ForestCar mission is to eliminate the need for dedicated airport rental cars and restore global rainforests.

THE IDEA
Products & Services

ForestCar connect car owners wishing to park at airports with renters wishing to access vehicles. In exchange for renting out their vehicles, car owners benefit from:- free airport parking, free cleaning, 20% share of rental revenue. Renters benefit from: great cars, great prices, great customer experience (no queues, no paper, no hassle). ForestCar's service also includes: comprehensive motor insurance, telematics tracking & 24/7 monitoring, breakdown cover and roadside assistance.

Problem Solved

Car owners pay high prices for airport parking only to leave their cars idle while they are away. At any given time, there are around 160,000 cars parked at UK airports costing an average of £80 per week, which means UK car owners pay over £12m per week in airport parking fees. Yet at the same time, huge numbers of travellers arriving in the UK who need to rent cars put up with high prices and poor customer service from traditional car rental companies.

Revenue Model

Like traditional car rental companies, revenue comes from fees paid by rental customers. Unlike traditional rental companies, ForestCar don’t need to own or maintain an expensive fleet of vehicles. This means ForestCar are able to eliminate 50% of the costs associated with traditional rental companies (28% vehicle depreciation, 7% fleet finance costs, ~15% ongoing maintenance, storage and repair of vehicles). They pass these efficiencies onto their users, investing heavily in customer experience and technology while providing lower prices and better service than traditional competitors and still achieving high margins of over 20%.

Exit Strategy

- Acquisition by a traditional car rental company (hedging against future disruption of the car rental industry due to the Sharing Economy)
- Acquisition by a car manufacturer/ OEM (hedging against future loss of vehicle sales due to reduced car ownership)

Minimum Target £ 249,999 Maximum Target £ 249,999 Minimum investment amount £ 10,000 Maximum investment amount £ 249,999
Share On Website Visit site Location EXETER
Gallery

The Idea

Products & Services

ForestCar connect car owners wishing to park at airports with renters wishing to access vehicles. In exchange for renting out their vehicles, car owners benefit from:- free airport parking, free cleaning, 20% share of rental revenue. Renters benefit from: great cars, great prices, great customer experience (no queues, no paper, no hassle). ForestCar's service also includes: comprehensive motor insurance, telematics tracking & 24/7 monitoring, breakdown cover and roadside assistance.

Problem Solved

Car owners pay high prices for airport parking only to leave their cars idle while they are away. At any given time, there are around 160,000 cars parked at UK airports costing an average of £80 per week, which means UK car owners pay over £12m per week in airport parking fees. Yet at the same time, huge numbers of travellers arriving in the UK who need to rent cars put up with high prices and poor customer service from traditional car rental companies.

Revenue Model

Like traditional car rental companies, revenue comes from fees paid by rental customers. Unlike traditional rental companies, ForestCar don’t need to own or maintain an expensive fleet of vehicles. This means ForestCar are able to eliminate 50% of the costs associated with traditional rental companies (28% vehicle depreciation, 7% fleet finance costs, ~15% ongoing maintenance, storage and repair of vehicles). They pass these efficiencies onto their users, investing heavily in customer experience and technology while providing lower prices and better service than traditional competitors and still achieving high margins of over 20%.

Exit Strategy

- Acquisition by a traditional car rental company (hedging against future disruption of the car rental industry due to the Sharing Economy)
- Acquisition by a car manufacturer/ OEM (hedging against future loss of vehicle sales due to reduced car ownership)

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