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Status: Funded

Expired

Commuter Club is a unique technological platform that brings together data, retailing and credit to save commuters hassle, time and money. It helps commuters purchase and find the right tickets for their commute by an online journey, and provide big savings on annual tickets through a convenient, low-cost, monthly payment plan. Till date, it has issued £70mn+ in loans to over 20,000 customers and realized a CAGR revenue growth rate of 300% (2014 - 2018). Now with attractive unit economics, great customer lifetime value, proven acquisition mode, and improving margins with scale, it expects to issue tens of millions in loans and tickets this year. Additionally, it has expanded its corporate solution to leading clients like Pret a Manger, Monzo, and Hakkasan. It is raising capital to continue to fund its growth and acquire customers, develop its technological platform, up skill its team and reach profitability in 2020.

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pledged: 0% days to go: 89 investment: Unknown
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pledged: 0% days to go: TBC investment: Unknown

  • £2,331,016
    pledged
  • 126%
    of goal
  • Funded
    16 Aug 2019

    £1,850,000
    target

    £15,089,864
    pre-money valuation

    10.92%
    equity available

    818
    investors

    £2,850
    pledge per investor

    08549366
    company number

    Active
    company status

    30/05/2013
    incorporated 7 years

    Equity Calculator
    Investment
    £
    Equity
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  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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