Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


PledgeMe raises $100k in under 24 hours

PledgeMe raises $100k in under 24 hours

New Zealand’s crowdfunding platform PledgeMe attracted $100,000 of investment in under 24 hours yesterday.

“PledgeMe is happy to announce our equity crowdfunding campaign reached its maximum funding goal in under a day,” PledgeMe’s Co-founder and CEO Anna Guenther said today.

“Our offer of 5,000 shares went live on Monday night to our crowd and hit our goal at 6:41pm.”

Ms Guenther said the raise would allow PledgeMe to bring on new staff to help grow crowdfunding in New Zealand and to optimise their website for mobile devices.

“We’re now on the search for an equity crowdfunding champion who can educate companies about equity crowdfunding and work with businesses to activate their crowds.

“We’re also looking at new ways we can grow the project crowdfunding space too.

“Wellington City Council won the SBN Renewable Innovation award yesterday for the work we did with them setting up a matched funding scheme for Smart Energy campaigns. We’d love to replicate that type of project support in other local councils.”

“Mobile optimisation of the website will mean more people can easily access our platform more of the time. This is a good move as more and more people move to access our site on mobile devices.”

Ms Guenther said activating your crowd is vital.

“The success of this crowdfunding campaign has come from two years of networking and talking, as well as keeping our crowd informed with what we’re doing.

“Many New Zealand companies have big crowds out there waiting to be activated. Whether it’s the loyal customers or your business networks or even friends and family, there are people out there who want to see your company succeed and share in that success.”

The Chairperson of PledgeMe’s board Nick Lewis said he was proud of the result and urged other companies who are thinking about an equity round to get in contact.

“Congratulations to Anna and the team for a stunning success and setting the bar for equity crowdfunding in New Zealand in terms of speed,” Mr Lewis said.

“This shows the appetite for equity crowdfunding of young companies in New Zealand.

“We encourage companies considering raising equity to come have a chat with us,” Mr Lewis said.

Ms Guenther thanked all of the 50 people who bought shares in PledgeMe, and the rest of her crowd who wanted to buy in but missed out.

“We welcome our 50 new shareholders to the PledgeMe team, thanks for joining our crowd and we’re looking forward to our AGM," Ms Guenther said.

“We’ve had many emails from people who missed out on shares and we’re taking their details in case we do another round of equity crowdfunding.”

Key facts about PledgeMe’s equity crowdfunding round
• Minimum raise goal of $50,000. Maximum raise goal of $100,00
• Number of shares sold: 5,000 (just under 15% of the company)
• Money raised: $100,000
• Number of new shareholders: 50
• Time from campaign launch to close: 23 hours 27 minutes

For more information about equity crowdfunding visit https://www.pledgeme.co.nz/equity

Those interested in the equity crowdfunding champion role can visit http://blog.pledgeme.co.nz/wanted-equity-champion/

Any businesses interested in equity crowdfunding can contact PledgeMe at contact@pledgeme.co.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Oil: 2017 Block Offer Petroleum Tender Launched

New Zealand is well-placed to take advantage of the economic benefits of oil and gas exploration, Energy and Resources Minister Judith Collins announced today at the launch of the 2017 Block Offer petroleum tender. More>>

ALSO:

OECD And Zero Carbon Reports: Environmental Pressures Rising In New Zealand

New Zealanders enjoy a high environmental quality of life and access to pristine wilderness. However, New Zealand’s growth model, based largely on exploiting natural resources, is starting to show its environmental limits with increasing greenhouse gas emissions and water pollution ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news