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Seatfrog has made upgrading to First Class lightning fast to over 560 destinations. Backed by some of Europe's leading tech investors & named in the UK’s top 30 fastest growing tech scaleups in 2020, they’re expanding across Europe and on a mission to build a better future for rail, for good.

  • £10m~ Invested by some of Europe's leading tech investors
  • 340,000+ Customers / 4.8* App Store rating
  • 1415% 12 month revenue growth pre-pandemic
  • 90% of UK market under contract
Information The amount raised on the progress bar includes £739,863 invested under a convertible loan agreement. This amount was unspent at the time the pitch went live. This investment will convert into equity at a discount to Crowdcube Investors. Please see the FAQs and Cooling Off Email for further details.

Idea

In recent generations, rail has come to a standstill, burdened by old technology and a clunky experience. We’re here to change that.

We’ve already reinvented upgrading your seat for over 340,000 happy customers – a historically complicated and expensive experience, now affordable and lightning fast to over 560 destinations.

But we’re not stopping there - we’re leading the charge to build a better future for passengers and the rail companies that carry them.

At the start of 2020, Seatfrog was named in the top 30 fastest growing UK tech scaleups, seeing 1415% yearly revenue growth (YE 2020 Revenue £2,095,091 EBITDA -£2,751,437) and 958% active user growth (Feb19 vs Feb20).

COVID-19 put our growth on a temporary pause. But we charged on, winning multiple major rail company contracts and building a game changing new product backed by the UK government. Spring is now in the air, growth is returning and Seatfrog is set to be one of the winners of the recovery.

£160Bn European market

Rail journeys have increased by 97% in the UK since 2002, faster than any other mode of transport. UK and European governments are investing a staggering £287 billion in rail to 2033, driving mass adoption away from more polluting modes.

We are raising to supercharge our product roadmap for 2021/22 and expansion across Europe, delivering on our mission to build a better future for rail, for good.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

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

Tax relief is available to individuals only, with income tax relief currently set at 30 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.