Ambitious room sharing website launches public crowdfunding – after already raising most of the money

Room sharing platform ideal flatmate is going public with its crowdfunding campaign today.

The business has already been privately crowdfunding on Seedrs and by Friday had raised some 75% of its target of £1.3m from 45 investors.

The company, which has raised £1.3m in previous fund-raising, is offers new backers 16.67% of the business which it values at £6.5m.

Previous investors include David Pollock, founder of London estate agency Green & Co.

Ideal flatmate was launched in 2017 by founders Tom Gatzen and Rob Imonikhe. It claims to have 300,000 users and 10,000 new listings a month.

The business’s USP is that it matches people rather than properties.

It says in its pitch that over the next 18 months it plans to be the biggest flat-sharing site in the country, and plans to launch into Europe next year.

https://www.idealflatmate.co.uk/

x

Email the story to a friend!



One Comment

  1. Mark Walker 2

    What is the differential between all these ‘next-big-thing’ online / app crowdfunded websites?

    Report
X

You must be logged in to report this comment!

Comments are closed.

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.