The Market Mogul, a self-described millennial media company that publishes unique perspectives on main global events, is set to close its equity crowdfunding campaign on Crowdcube with more than £400,000 in funding. The initiative was launched last month and quickly secured its initial £300,000 funding target within a matter of eighteen hours.
As previously reported, The Market Mogul was founded in 2013 by CEO Rav Singh Sandhu, has published more than 5,000 articles by over 3,000 authors and publishes inclusive perspectives on global affairs, business, finance, and politics:
“Our ‘Mogul Newsroom’ makes us disruptive through our combination of editorial oversight and process optimisation, enabling us to publish thought-provoking articles in under 25 minutes, at approximately 0.4% of the cost of some traditional media companies. Our obsessive focus on providing the best reading experience results in engagement rates higher than most online media news outlets. As a result, our content has been used in articles on Forbes, Mashable, Bloomberg, The World Economic Forum and many others.”
Prior to the Crowdcube round, The Market Mogul raised £365,730 through two funding rounds, with shareholder including the head of SoftBank’s Vision Fund, a VC Fund backed by Invested Bank, and private investors from Goldman Sachs, Zeus Capital, and The Disruptive Group.
Funds from the equity crowdfunding round will be used to continue the company’s growth trajectory and expand the editorial, sales and development teams to increase capacity and expand into other verticals, reaching profitability. The campaign is set to close later this week.
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