Remote working firm Reskube has raised its £500,000 goal via a securities offering on Crowdcube.
The company sold a 5.88% stake in the firm at a pre-money valuation of £8 million. The offering was hidden on the Crowdcube website as it was pitched to s”elected investors known to the business.” It was not immediately clear if Reskube would go into over-funding mode and pursue a broader group of investors.
UK-based Reskube was launched in April 2021 by CEO Andrew Lawton. The “remote-working resilience solution” aims to support worker productivity and continuity by providing connectivity. The device also allows for always-on power and internet to ensure remote staff can work without interruption.
Lawton said they were pleased to high their goal in less than six weeks of listing the security. He said the investment will allow them to bring their tech to global markets which need it most.
Reskube points to data from ONS earlier that indicates nearly 40% of the UK workforce work from home in some capacity. At the same time, home office environments tend not to match the infrastructure of traditional offices.
Reskube plans to offer additional products later this year that will target different markets such as outdoor living, gaming, retail, events, and more.
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