Cityvarasto, the largest self storage company in Finland, aims to broaden its shareholder base for future listing on the Nasdaq First North. The company launched its Invesdor equity crowdfunding campaign goal to raise what now seems to be a modest 100,000 – 300,000 € goal for 0.41 – 1.21 % equity offered after securing more than 673.014 € with the help of more than 237 investors. The team now seeks to engage 300 investors in its campaign. Since Cityvarasto is already a well-established company, the company stated that its Invesdor campaign has focused on publicity and increasing the number of its shareholders.
Cityvarasto is now the biggest self storage company in Finland with 23 storage facilities, serving major Finnish cities including Helsinki, Espoo, Vantaa, Kerava, Järvenpää, Tampere, Turku, Naantali, Oulu, Jyväskylä, Lahti and Kuopio.
According to the campaign, Cityvarasto has “developed our own break-through technology for online renting and for the mobile access control system, for which we received the Innovation of the Year Award in Portugal in 2011 from the Federation of European Self Storage Associations (FEDESSA). Cityvarasto was the first company in the world to have an interactive online web shop for renting self storage units. We innovate and develop our services continuously. There is a lot of interest in our technologies worldwide.”
Cityvarasto’s vision is to be the “leading publicly listed growth company in self storage in Scandinavia and the Baltic countries. Our aim is to be a forerunner with a strong brand. To support this, we implement cutting-edge technologies and sustainably develop our facilities.”
For more detailed information about Cityvarasto’s campaign, registered investors may click here.
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