This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
eMoov Extends Crowdfunding Pitch
Online estate agent eMoov has extended its crowdfunding pitch, as it more than doubles its target.
Originally due to end on the last day of September, the bid will now run until 8th October.
By yesterday evening, eMoov had raised £2,300,860, much higher than the initial target of £1m.
A total of 659 investors have contributed, representing a 10.8% stake in the business.
Boss of eMoov, Russell Quirk, published a message on Crowdcube, which reads: “Our crowdfunding campaign has been a phenomenal success and I am so grateful to the 650+ investors that have committed to supporting our fantastic business.
“Because of the momentum that we have, the Crowdcube directors have encouraged us to extend the pitch date by a week and we are delighted to agree to this. So it will now conclude on 8th October and allow even more to be involved in eMoov’s progress.
“This fundraise was never just about the money but was also about raising our profile and gaining any number of brand advocates and ambassadors and I’d like to maximise that, of course.
“Thanks to all involved and, please, do encourage your networks to invest too.”1
