Germany based investment crowdfunding platform Companisto has claimed Europe’s most successful crowdfunding offer ever.
In a note to site followers, the Companisto site stated that Weissenhaus has set a new European record. The offer to fund a unique German resort in Northern Germany has raised € 3,450,615 (about $4.531 million) from 819 investors since the funding campaign launched this past July.
The project had set an initial funding goal of raising € 1 million but that amount was easily passed. The maximum amount allowed, according to the campaign page, is € 4 million. The offer is actually for investors to participate in a subordinated profit participating loan. The minimum expected interest rate is 4% with a high end at 8% per annum. There is an additional opportunity to benefit if the property increases in value. Most investors participated at the lowest € 1,000 level but two investors have contributed € 250,000 to the project.
There have been other very large crowdfunding investment campaigns with Seedrs doing a self-crowdfunding offer that raised over $3.5 million, and more than a few multi-million rewards based campaigns but to date Companisto has claimed the Euro investment crowdfunding crown.
The note to supporters was posted by Beate Maruccia, Alexander Dehn, Gerald Henningsen, and Jan Henric Buettner – the visionary for the Weissenhaus project.Dear Companists,
WEISSENHAUS is now officially Europe’s most successful crowdfunding!
European Record
We are thrilled: When we enabled investments in a property – our 5-star-superior resort WEISSENHAUS by the Baltic Sea to be precise – on the German crowdfunding platform Companisto roughly 6 weeks ago, we did not expect that we would get more than 3.4 million euros until today in spite of the good investment terms. We have thus set a new European record for the most successful equity-based crowdfunding ever!
And we are truly grateful, for it is more important to us than having received a certain amount of money that over 820 people have already shown us their confidence in our concept of combining historic buildings, unspoiled landscape, state-of-the-art furnishings, and our “confident nonchalance” to create a unique experience.
As with most consumer facing investment crowdfunding projects the offer incorporates investor incentives or perks for those who back the company. Weissenhaus took this opportunity to add a few more perks to individuals who participate in the company. Some of the perks included dinner vouchers and lodging at the resort.
Weissenhaus Grand Village Resort and Spa is a five star operation located directly on the Baltic Sea that is within easy driving distance of Hamburg. Jan Henric Buettner, a former executive at Bertelsmann and co-founder of AOL Europe bout the property and restored the entire village and estate. Weissenhaus was a resort he had enjoyed in his youth and he was committed to an authentic revival of the estate. Reviews have been extremely positive helping boost investor interest.
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