for 12.69% equity
Commuter Club is a unique tech platform that brings together data, retailing and credit to save commuters time, money and hassle. We help commuters find and purchase the right ticket for their commute through a simple online journey and access the big savings of annual tickets through a low-cost, convenient monthly payment plan. Like Netflix for commuting.
Already the leading independent retailer and finance provider in the UK’s £6bn season ticket market, Commuter Club is growing fast. To date, we have issued £70mn+ in loans to over 20,000 customers and achieved a CAGR revenue growth rate of 300% (2014 - 2018). Now with a proven acquisition model, attractive unit economics, great customer lifetime value, and improving margins with scale, we expect to issue tens of millions in tickets and loans this year.
Our goal is to become the go-to-hub for all commuter needs – a Trainline for Commuters in a £100bn global market – and we’re already well on our way to achieving it.