TYRO

Equity Belgium Tax Shelter applicable

Tax Shelter

€1,100,000
Pre money valuation
12.7%
Equity offered
€105,000
Amount raised
€50,000
Committed by co-investors
0 days
Remaining
€80,000
Minimum target
131% funded
This campaign has been closed

Historical accounts

We've been in touch with our students and our clients from day one which allowed us to validate our product-market fit very quickly. The guidance of Startup Factory pushed us to confront the market quickly and concretely. Our Business plan foresees a monthly growth of 10%. However we keep on beating this projection, month after month since January with a monthly growth of 20%.

Financial plan

Revenue drivers

Our business model is simple: it is free for students. The companies pay us a monthly success fee that amount varies depending on whether the student will work part-time or full-time.

Cost drivers

We don't have heavy fixed cost. Our variable costs are mainly staff costs. We could be profitable in less than 2 months without external investment.However, to respond to our clients' growing demand and to capture the economies of scale, we have to extend our capacity to deliver. To do so, we will progressively grow the team and invest in marketing.

Financial tables

Download Spreds_Preparatory_Document_Tyro 2.xlsx

Break even volume

40k€/m

TAX SHELTER 45%

This business qualifies for the startup tax shelter. If you meet the conditions, 45% of your investment will be reducted from your personal income taxes. Read more…