- General - Infabode exceeds crowdfunding target for real estate platform
Date: 16 Jun 2016
Infabode, an online social networking service that enables individuals to access industry information in one place, has already exceeded its minimum crowdfunding equity target with nearly a week of fundraising still to go.
Infabode has so far raised £141,270 through the Crowdcube platform to accelerate the rollout and further development of its property hub, IB Real Estate, which was launched in March 2016. To date, 60 people have invested, most of which work in the real estate sector.
IB Real Estate provides research, data, reports, news articles and opinions, with more than 75 companies providing data, including Savills, JLL, Colliers, Cushman & Wakefield, PERE, PropertyEU and BNP Paribas.
Infabode's founder and CEO, Matt Partridge, said: "We are delighted to have raised our minimum investment target and very thankful to all those who have financially backed our campaign. I am thrilled at the quality of investors that have joined the company. Crowdfunding has enabled the people that use the platform a chance to also own some of it too.
"With the company hoping to embark on a series A venture capital funding in 2017, this may well be the last chance for people from the industry to get involved".
Infabode is an online social networking service that enables individuals to access industry information in one place. Founded by CEO, Matt Partridge, Infabode's first industry hub is IB Real Estate, which was launched in March 2016. The company aims to become the go-to place for research and information across multiple industries.
Photo by George Hodan.