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109%
Raised
£109,550
Investors
145
Target
£100,000
Equity
15.68%
Pre-money valuation
£589,000

The company, Homefans is a travel start up that provides experiences beyond 90 minutes for international football fans. Since inception just 10 months ago, the team have achieved revenue of £40k and built a community of more than 240 travelers.

  • Football travel for the top 5 EU leagues is worth £1.3bn annually.
  • They aim to sell 500 trips over the next 12 months
  • 2 partnerships and built relationships with clubs and travel operators
  • $29bn invested in travel startups over the last 18 months
Information The company had £137,400 of its SEIS allowance remaining at the start of this raise. This will be allocated to investors on a first come first served basis. Any investments made after that limit has been exceeded will not be SEIS eligible but will potentially be eligible for EIS. The potential tax relief of any investment will be confirmed by email to investors, after they have submitted their applications to invest, and will depend on an investor's individual circumstances.

Idea

We are Homefans, a travel startup providing football experiences beyond the 90 minutes.

We believe we are filling the gap for millennial fans who are increasingly looking for travel experiences but cannot find them anywhere in the market. We step in by designing authentic and accessible trips to help fans tick off their football bucket list.

Last year, 284 million millennials were on a trip and approximately 75% of millennials would rather buy an experience than a product. Our research suggests that traditional travel operators insist on either offering a basic standard product, the match breaks; or an expensive one, the corporate hospitality. We've positioned Homefans between both of these services, to offer millennials what they want.

In a football travel market worth £1.3 billion for the Top 5 European Leagues.

At Homefans, we want to show that there is indeed a better way of experiencing football, by offering experiences that are accessible: Travelers go to pub nights, meet local fans or even play a 5-a-side at the club’s training pitch. It’s all about creating unforgettable memories whilst being part of a community of like-minded fans.

For the past 10 months we have proven our concept and have achieved:

- +£40K revenue

- 240+ travelers

- Gained 2 strong partnerships and built relationships with clubs and travel operators

- Over 12,000 social media reach

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Homefans has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 50 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.