Mindgenius prove our point - Congratulations!

Mindgenius employed us to help run their Crowdcube campaign. We recommended another platform but they had already signed with CC. The campaign failed but now Mindgenius is looking to take great leaps forward.

Mindgenius, a Scottish based B2B software company, employed ECF Solutions to run their 2016 ECF campaign. Unfortunately by the time they came to us, they had already signed to CC as we would not recommend a company in this sector for this platform. 

Despite a convincing pitch, the Crowdcube investors didnt see glossy rewards and were blind to the possibilities. We could, but as we work on commission based on a successful campaign, it doesnt help much!

The company has just announced future growth prospects, based on its new product Barvas, over the next 5 years, that make the Crowdcube valuation of £5m pre money look like a bargain. Anticipated revenues are to grow to £10m by 2022, which is way ahead of the Crowdcube projections. The Crowdcube pitch was based on the future growth of Barvas, so we were spot on there.

That's what you get with credible product development and an experienced team - real growth. It is just a shame that the Crowdcube investors prefer to cash in their chips for cases full of beer and empty promises. 

Still we believed in them and that does us some credit. One to watch.

MindGenius passes £400,000 and 200 investors on Crowdcube

The Crowdcube MindGenius pitch has been extended and we would urge readers to take a look. This is exactly the sort of business that Equity Crowdfunding should be used for.

We helped the company to put their campaign together - so we know that the plans are sound and doable. This is as far from the usual Crowdcube glamour pitch as you can get.

The team behind the company have been there and done it once already - selling a previous company for over £20m. The new product, Barvas, has been very well received by the company's existing customer base and the money being raised will help to launch Barvas in the US, where a market has been identified and the channels to market already secured.

Its not hyped, its not fluffed up but it is all genuine. If company's such as this cannot raise finance via equity crowdfunding then you have to seriously ask what is the point in having this funding channel. 

MindGenius opens its Crowdcube campaign

MindGenius has just launched its campaign to raise £1m on Crowdcube

ECf Solutions helped them put the campaign together, so we know its sound. 

A great team with recent experience in building and selling a similar business for £20m. A clear and costed marketing plan to push their newly launched Barvas SaaS product, make this one of Crowdcube's more attractive current pitches. 

Worth a look  - www.crowdcube.com/companies/mindgenius/pitches/qDwyrb