On Friday, New Zealand’s equity crowdfunding platform PledgeMe announced the launch of its second round of funding. It is currently seeking to raise a minimum of $250,000 so that it can continue its expansion.
“On the back of our growth in the past eight months, we’re looking to grow crowdfunding even further with the help of our crowd. PledgeMe has gone from a total of $2.8 million pledged, before we equity crowdfunded to over $6.6 million in just seven months. We’ve grown our team, grown our revenue, and grown our user base with more and more people coming into our crowd.”
Guenther also revealed that crowdfunding is growing in New Zealand and internationally and PledgeMe is ready to take advantage of this growth to ensure it remains considerably the busiest crowdfunding platform in the country:
“Our first equity crowdfunding campaign sold out in less than a day and we have a list of nearly 200 eager investors waiting to see the campaign go live.This interest is backed up by a solid product in a growing and exciting market. This investment round means we’ll be able to keep on delivering project and equity campaigns and push for further growth.”
Guenther then added PledgeMe will be using the investment to keep on delivering on project and equity campaigns and grow the number of campaigns on the platform:
“PledgeMe will be adding product extensions and improvements to make creating campaigns and pledging on them easier. We’ll also be looking into new products like a secondary market, crowdlending, and sector specific sub-sites. With Australia currently reviewing its securities laws, we’re investigating what it would take to set up over the ditch.”
PledgeMe is offering between 10.3%–25.6% of the company to raise between $250,000 and $750,000. The minimum investment is $500.
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