Double success sees PledgeMe hit $5 million pledged

10/04/2015

Double success sees PledgeMe hit $5 million pledged

Yesterday PledgeMe hit the $5 million total pledged mark with the success of two equity crowdfunding campaigns.

Shampoo and body care maker Pineapple Heads and social marketplace app SellShed’s campaigns both wrapped up their offers successfully raising a combined $917,000.

“PledgeMe has smashed another milestone helping Kiwis fund the things they care about to the tune of $5 million,” PledgeMe CEO Anna Guenther said.

“With Pineapple Heads and SellShed making their targets, PledgeMe has doubled the number of successful equity crowdfunding campaigns.

“Special mention goes out to SellShed for raising the biggest amount on PledgeMe so far.”

Pineapple Heads raised $204,900, selling just over six percent of the company while SellShed raised $712,100 by selling around 13.5% of the company. This makes a total of four successful equity campaigns on PledgeMe. The other two were PledgeMe itself and brewers Yeastie Boys.

“These successes show that equity crowdfunding is mixing up who can access funding and is bringing more diversity to business,” Ms Guenther said.

“Equity crowdfunding means anyone with a company and a crowd can fund their business. Whether that’s a single mum like Pineapple Heads’ CEO Megan or a tech startup based in Tauranga.”

PledgeMe currently has three other equity crowdfunding campaigns running for Chariot, Parent Interviews, and Be Intent Youth.

PledgeMe has been helping Kiwis fund the things they care about for three years with project crowdfunding. In mid 2014 the platform was licensed to offer equity crowdfunding services.

ENDS

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