FundedByMe has opened a self-crowdfunding round seeking to raise a minimum €1 million. The offer comes after FundedByMe received regulatory approval to become a publicly traded company by the Swedish Companies Registry Office.
CEO and co-founder Daniel Daboczy stated;
“With the force of more than 500 new investors registering their interest to participate prior to us launching, we have high expectations for what is likely to be FundedByMe’s last own crowdfunding round. The momentum of the previous two rounds blew us away and it will be interesting to watch this campaign – particularly considering the way the market has matured when it comes to crowdfunding.”
This will be FundedByMe’s third self crowdfunding round. The first was launched in 2012. At that time FundedByMe raised SEK 4.4 million in capital. In March of 2014, FundedByMe went back to investors and raised an additional SEK 6.4 million. The current round is scheduled to close on June 25, 2016.
The details of the offer open to investors are as follows:
- Price per share SEK49 / €5,27
- Pre-money valuation SEK 174 million / €18,7 million
- Investment goal: €1 million
- Minimum investment: SEK 10,000 / €968
FundedByMe has funded over 440 companies from 25 different countries to date. The investment crowdfunding platform claims over 65,300 registered investors from 176 different countries. FundedByMe is based in Sweden by operates across Europe and has expanded into South East Asia.
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