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Exciting Cost-sharing Tech Startup
spplitt is an online platform that connects users to share the cost of products and experiences. The sharing economy is showing tremendous growth in the UK and around the globe. Our goal is for spplitt to become the premiere destination for participants of the sharing economy. spplitt will be free to use, and once people register they can browse ads and post ads all at no cost. As growth continues, we will approach companies to advertise on the platform and create bespoke products for the spplitt community. We have 4 phases of revenue and will be cash flow positive by month 12, post investment.

We have already achieved over 550 registered users, 4 small businesses advertising on the platform and reached over 2600 potential users through a grassroots social media campaign.

We are seeking £150,000 in investment to further develop the platform, increase our advertising and marketing budget and cover monthly operational costs. Based on our projections, investors will achieve a ROI of 112% by year 2.
Total Funding Required: £150,000.00
Min. per Investor: £30,000.00
Industry: Internet
Sec. Industry: Mobile App / Web App
Region: Central London
Proposal ID: 22452
Investment Reason: Seed Capital or Early Stage
Proposal Status:
 
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