LONDON, UK, November 2, 2017 – evvnt successfully raised funding on Crowdcube for further development of product and expansion of its business. The target value was £250,000 however the pitch managed to raise £260,790 in funds. The company will use the investment to pursue business opportunities through partnerships into the United States.
Crowdcube was our first choice due to speaking to other start ups looking to raise capital. Through the platform we were able to reach our customers, publishers and investors who could invest in our business. The raise will go towards a number of Q1 2018 initiatives to improve the service and platform offering.
The planning for investment and raise of capital started in August 2016. This comes from the company’s objective to grow internationally. The decision to use crowdfunding as a source of finance has to do with the benefits of attracting vested investors and stakeholders.
Evvnt’s business has been taking a lot of interest from international companies wishing to use its event discovery tool kit and also its Event Promotion Platform EPP for its premium service offering for resale in local markets.
The investment raise allows for further product development and supports signed contracts with Hearst and WhereTravler who will be reselling the Evvnt service from January 2018.
Crowdcube is an equity crowdfunding platform for entrepreneurs of start ups and growing businesses to connect with potential investors. Crowdfunding allows a community of like minded people to support and invest their money and knowledge in an idea, business or person. Dedicated to helping UK-based entrepreneurs raise finance to start or grow their business, Crowdcube gives investors real equity in the companies they fund.
evvnt is a single submission event marketing and syndication service. From a single event submission customers have access to 4500+ event listing sites where event consumers are looking for events to attend. Through one simple interface, organisers can distribute and publish events to 40+ targeted listing sites in one click. The evvnt platform creates events awareness and momentum in organic search, mobile and social streams via a customised network on listing sites and feeds, maximising exposure prior to any event.
We have created a brand guidelines page with logos, CEO photos and information to ensure the brand is correctly represented – please take a look – http://evvnt.com/brand-guidelines
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