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
£15,000
Minimum
£1,000
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: The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.

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