CatchApp, a smart productivity software designed to be the one-stop solution for the growing scheduling needs of professionals, SMEs, and Enterprise users, is now set to close its equity crowdfunding round on Crowdcube with more than £700,000 raised from nearly 500 Crowdcube investors. The funding round launched last month, originally seeking £500,000.
“CatchApp is a powerful scheduler for professionals and SMEs, with plans for scaling to meet the demands of Enterprise users. We have developed a suite of smart productivity tools that are simple to onboard, flexible to scale, and cost-effective vs what we believe to be cumbersome alternatives.”
CatchApp launched on iOS in early 2019, an Office 365 plugin mid-2019, and on Android later that year. The company’s products integrate with all major calendars including Apple, Google, and Microsoft Outlook.
“The latest addition to CatchApp is an Appointment Bookings system for SMEs, launched in June ’20 and is offered on monthly subscription plans (SaaS). It features built-in Video Calls, integrated payments, and other sophisticated features demanded by SMEs. This is the company’s first path to monetisation.”
Funds from the Crowdcube round will be used for the following:
- Build up marketing, business development, and technical teams
- Accelerate revenue from SMEs via the company’s newly-launched SaaS product
- Launch CatchApp Enterprise solutions, and win larger accounts
- Launch global partnerships to scale up user growth, and monetization
CatchApp is now offering 12.84% in equity at a £4,336,048 pre-money valuation.
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