Ask Capiva BUFinTech / loyalty · SAFE note · UK · direct investment · first invested Mar 2025
Bundle
ActiveInvested$50.0kat cost · 1 ticket
Current mark$50.0kworkbook · 8 Sep 2025
MOIC1.00xon paper
Ownership0.5%implied by the workbook mark
Next round—none recorded
IRR0.0%workbook, per ticket dates
Thesis vs. reality · what we underwrote at entry, measured against now
What must be trueEach claim is what the company said would be true, checked against the filed accounts and later updates. A claim with no second source stays on watch.
No entry thesis on fileNo Incubayt investment memo for Bundle is in the data room, so there is nothing to measure against. Not recorded
Latest founder update
No founder update for Bundle is in the data room.
Watch & flags
What to keep an eye on
ActionBundle SAFE is in Sami Khoureibi's name, not Incubayt's
Our position
PositionIncubayt's tickets and marks come from the IRR workbook; the legal entity from the company's cap table or registers.
InstrumentsSAFE note $50.0k (Mar 2025)
Company valuation$10.00mm · workbook
BoardNot recorded
Legal entityNot recorded