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Lseat 1A

Tax Shelter
Equity Belgium 78 investors
Converts a regular economy seat to sleep mode
Terms & Conditions
€7,000,000
Pre money valuation
6.3%
Equity offered
€59,200
Amount raised
35 days
Remaining
€50,000
Minimum target
118% funded

DISCLAIMER

Every investment decision must be based on an examination of an exhaustive set of information provided by the entrepreneur on his online profile. Spreds only proceeds to a limited verification of this information and does not control the investment opportunity within this company. Spreds did not verify the extent to which the business plan is deemed realistic and does not intervene with the final Information Note, including the retained maximum valuation. Spreds will align itself with the financial terms negotiated with the co-investor(s).

Please note that the total amount of the offer is capped at EUR 424,000, calculated on a period of twelve months, and that each investor may respond to the offer for an amount of EUR 5,000 maximum.

Most long-haul flights operate at night. Boarding a long-haul flight in economy class is often a hunt for a seat without neighbours so that you can lie down and sleep during the entire flight. Lying down on two or three seats, the structures between the seats remain major obstacles to comfort. On the other hand, improvements in airline sales techniques allow occupancy rates to exceed 85% on average. Finding suitable sleeping conditions is therefore an illusion.

This is how the idea of Lseat was born, and once patented, it attracted all the players in the aeronautical industry who had the opportunity to get to know it.

Lseat converts the passenger seat in economy class to comfortable sleep mode.

By allowing the front part of a passenger's seat to be lowered, a retractable extension converts into a leg holder with a foot wedge that slides under the front seat. The Lseat thus offers a comfortable sleeper mode that is appreciated on all long-haul flights without altering the space between the rows of seats or the passenger density per aircraft.

The passenger can switch from one mode to the other without electrical assistance. He uses his own weight for extension and tensions springs to assist him in retraction.

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…
Please note €166,800 remains available for Tax Shelter investments.