The Opportunity
Teacher Booker is now over 80% funded and we expect to close the opportunity by 31st July. A full update on company progress is now available in the Updates section.
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The Teacher Booker platform (built and operated by Vesca Ltd) provides schools with a powerful tool that enables them to manage all staff administration, but particularly the urgent need for contracting supply teachers at very short notice, which is currently provided inefficiently and expensively by recruitment agencies.
The platform is nearing 5,000 teacher registrations with c.100 schools using or implementing Teacher Booker. This has been achieved with minimal promotion. In addition, Teacher Booker has secured a contract with a major regional education services provider that will provide direct access to a large number of schools.
This equity instrument is expected to be EIS-qualifying, giving qualifying investors 30% initial income tax relief and potentially tax-free gains on an exit. It is available in units of £5,000. Tax reliefs are not guaranteed. They depend on the venture maintaining its qualifying status and may be withdrawn at any time by HM Revenue & Customs. In addition, the tax treatment of EIS and SEIS schemes depends on the individual circumstances of each investor and may be subject to change in the future.
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Final Call
Investment details
Fundraise target£500,000
Fundraise maximum£650,000
Minimum investment£5,000
Equity stake13.46% (max 17.5%)
Exit Money MultipleLog in to view
Exit EBITDA MultipleLog in to view
Exit IRRLog in to view
Company details
Name:Vesca Ltd
Website:www.teacherbooker.com
Address:
64 Southwark Bridge Road
London
England
SE1 0AS
Incorporated: n/a
Please note
We want our investors to be fully aware of the downsides of investing as well as the potential benefits. It's therefore important to realise that investing always carries risks, including the loss of capital, illiquidity (the inability to sell assets quickly or without substantial loss in value), lack of dividends and share dilution. Alternative investments should still be made as part of a diversified portfolio. Read our full Risk Warning