Short Summary

£667 million. That's how much students in the UK pay each year on travel. Letspool is a car-sharing app which massively reduces the costs for students and provides other benefits like cutting commute time and socially supporting inclusion/diversity

Overview

Target
€17,000
Minimum
€1,100
Investment Raised
N/A
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role

Highlights

  • First year forecasts profit of £25,233
  • Low overheads and business does not require more investments to grow
  • High profit margin - very low cost of revenue
  • Huge student demand with low competition - opportunity is perfect
  • 2.28m addressable market and £667m spent each year on travel
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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