Press release -

FundedByMe success story Yoogaia receives €500K in VC funding

FundedByMe’s strategic decision to focus mainly on business building crowdfunding has proven to be a success: In July 2014, the Finnish interactive yoga platform Yoogaia successfully closed their crowdfunding round via FundedByMe at €100K. Only three months later they succeeded to attract one of the leading venture capital firms in the Nordics, Inventure, and raised €500K for further development and expansions.

”Our mission is to provide a financial service that creates a stair for the companies to climb upwards in the eco system of funding”, says Daniel Daboczy, CEO and co-founder of FundedByMe. “That Yoogaia received this investment is a proof that equity crowdfunding via FundedByMe is a trustworthy and effective tool to validate an idea, a team or an execution.”

FundedByMe today offers both equity- and reward based crowdfunding. Before the end of Q4 2014, the company aims to launch a loan based crowdfunding product in Sweden and thereby offer a full spectrum of crowd investment services. Since the launching of equity crowdfunding in 2012 FundedByMe has closed 42 such cases in Europe and Asia. In total, FundedByMe has raised over €6M in thousands of campaigns since 2011.

“Business builders choose us because they know that we provide a platform where entrepreneurs are able meet with professional investors in the easiest possible way. Having their trust is the core of our business”, says Daboczy. 

ENDS

Topics

  • Art, Culture, Entertainment

Categories

  • reward-based crowdfunding
  • equity crowdfunding europe
  • fundedbyme
  • yoogaia
  • equity crowdfunding
  • crowdfunding

Regions

  • Stockholm

FundedByMe is the fastest-growing crowd financing platform, connecting investors and entrepreneurs – be it through reward-based crowdfunding or with equity offers. Founded in April 2011 in Sweden, FundedByMe today operates with additional offices in Finland, Denmark, Norway, Spain, Italy, Germany and Singapore.

For more information, visit www.fundedbyme.com.

Contacts

Susan Sjölund

Press contact Chief Marketing Officer Marketing and communications +46723338910

Daniel Daboczy

Press contact CEO and co-founder +46736269985

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