Just two weeks after Indiegogo alum, ieCrowd, launched its latest crowdfunding campaign on Crowdfunder, the company has not only surpassed its initial goal of $500,000; it has also raised over $1.4 million.
As previously reported, ieCrowd’s key focus is to bring health innovations to the marketplace, and its previous Indiegogo campaign was dedicated to its DEET-free mosquito repellent, Kite Shield. The company revealed:
“ieCrowd’s commercialization process is threefold: (1) Discover – We start by obtaining commercialization rights to innovations that we believe can have a significant long-term global impact and can be brought to market rapidly and efficiently. (2) Develop – Then, our seasoned teams of scientists, engineers, and entrepreneurs advance the innovations through the application of our commercialization platform to create highly marketable and sellable products. (3) Deploy – Finally, we launch these products to global markets using established channel distribution partners.”
Amro Albanna, CEO of ieCrowd recent stated:
“ieCrowd is a growing crowd of shareholders with a mission to bring breakthrough health innovations with global impact to market. The successful launch of Kite Shield demonstrates that crowd capitalism is not just a theory; it is becoming a reality. The new raise on Crowdfunder will advance our current innovations like Kite Shield and give investors the access to invest in these types of disruptive technologies with mitigated risk.”
“I love the mission ieCrowd has set out to accomplish; it aligns closely with our mission at Crowdfunder to empower entrepreneurs to grow high-impact ventures. ieCrowd is democratizing access to impact investments and allowing investors to effectively diversify their portfolios with a single investment.”
Recently, ieCrowd reportedly broke into CNBC’s Crowdfinance 50 Index, which is an average daily index of the 50 largest capital commitment by private U.S. companies listed on Crowdnetic’s data platform. Companies represented in the index are notably operating companies that represent eight sectors: commerce and industry; consumer goods; energy; finance; health care; materials; and services and technology. Albanna noted:
“We are thrilled that allowing individual investors, and not just big banks or funds, to invest in a company dedicated to addressing some of our biggest global health challenges is resounding so well. Our leadership in the concept of ‘crowd capitalism’ is growing a significant community of investors worldwide.”
ieCrowd is currently looking to raise funds for the continuous growth of its community. Last year, the company launched its IPO to retail investors using TriPoint Global Equities online investment platform BANQ.
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