Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


Wellington startup Loomio hits US$100K crowdfunding target

FOR IMMEDIATE RELEASE

Wellington startup Loomio hits US$100K crowdfunding target for decision-making app

Wellington tech startup Loomio last night hit their US$100,000 (NZ$115,711) crowdfunding target, in a campaign to build a new collaborative decision-making tool.

“The response from thousands of supporters all over the world has been totally overwhelming,” said Loomio co-founder Ben Knight.

“It’s amazing to hit our target with time to spare. If we can push it even further, Callaghan Innovation will match funds to add to the amount we’ve already raised. If we can reach additional funding, we’ll be able to extend the core app with additional functionality like plugins for participatory budgeting and integration with other social media platforms.”

The Loomio Co-operative, based at Wellington social enterprise hub Enspiral, has been fundraising to build a fully-featured mobile decision-making tool. This new development builds on a prototype that is already being used by thousands of people in businesses, community groups and social change movements all over the world.

Knight explains that the benefit of using Loomio to make decisions online has been recognised by a wide spectrum of users, from activists and community groups, to businesses, city councils and government departments.

“Loomio is a great tool for anyone who needs to make decisions with a group, and the diversity of groups using it is striking. On the same day that Loomio was announced as a winner of the international MIX award for management innovation, we had a clip on RT America television about Loomio being a useful tool for protesters to co-ordinate and organise,” said Knight.

“Our campaign was helped along by four organisations who chose a US$5,000 reward package that includes customised software and expert facilitation services, to help get businesses and organisations using Loomio professionally in their work.”

The Loomio campaign closes at 7pm on Thursday 17th April (NZST).

“It feels amazing that a piece of open source technology developed by a group of social innovators in Wellington is now helping people around the world organise themselves and make better decisions together,” said Knight.

“We couldn’t have come this far without the support the Enspiral network, which is really putting Wellington on the map as a hub for innovative social technology.”

# # #

Loomio crowdfunding campaign:
http://love.loomio.org


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Auckland Outage: Power Mostly Restored Overnight

Vector wishes to advise that all but 324 customers have been restored overnight. These customers are spread throughout the network in small pockets. The main St Johns feeder was restored around midnight allowing most of the customers in all affected areas to have power this morning. More>>

ALSO:

Half Empty: Dairy Prices Drop To Lowest Since August 2009

Dairy product prices fell to the lowest level in more than five years in the latest GlobalDairyTrade auction, led by declines in butter milk powder and whole milk powder. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news