Short Summary

Disrupting the Prop Tech industry, RoomForTea is a female-focused housing network in London UK, matching predominantly female nomads (average age 27) with local hosts (average age 50) for 2-3 month stays.

Highlights

  • Proprietary booking software. Scalable platform w/ potential to white-label
  • £60k turnover in 2018 (launched July 2017) projected to reach £200k in 2019
  • Early entry into market with huge upside: SAM = 11M female nomads in EU
  • Solid and diverse team, 10 year experience in building scalable platforms
  • 150 homes fully onboarded, 80 new users/month, 50% repeat customers.
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.

Overview

Target
HK$2,500,000
Minimum
HK$100,000
Investment Raised
HK$250,000
Previous Rounds HK$1,500,000
Stage Achieving Sales
Investor Role Any

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