Supplier review website and event technology company Eventopedia says it has beaten its crowdfunding goal of £127,000 and has moved into a period of overfunding.
The new funds will be used to accelerate the growth of data in the system to cover more international cities and build a best in class smartphone application to help event planning, said CEO Toby Heelis.
“It’s important for Alan [Newton – founder and COO] and I that our network, friends and family can benefit financially from their support over the last year. We’ve had an incredible first year, building a community that advocate us, staging a host of sell out educational events, securing global brands as clients, partnering with global event tech brands Eventbrite and DoubleDutch, and winning Innovation of the Year at the PPA Connect Awards in December,” Heelis said.
Eventopedia said it could allow a short period of overfunding up to £150,000 under the SEIS tax relief scheme. The company said the crowdfunding campaign was part of a two-stage initial investment strategy utilising the government tax relief schemes SEIS and EIS, both of which can be ‘carried back’ to the previous tax year.
To find out more, visit: https://www.seedrs.com/eventopedia?promo_code=NN2A9FVY