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Showing posts with label Togethera. Show all posts
Showing posts with label Togethera. Show all posts

Monday, 23 January 2017

Crowdcube's graveyard is filling up


Togethera raised over £200k on Crowdcube in 2015. Just a year later it had spent this and closed.

Togethera was an app - well that might be slightly over egging it. It may have been an app if it had lasted more than a few months.

Backed by some seasoned overseas investors to the tune of £500k, the company's Crowdcube projections showed turnover of almost £3m by now. 
 
According to a rather strange piece in Techcrunch here from July 2016, which says they have closed having failed to raise the Crowdcube round. However Crowdcube and filings show they did.

We find it a little surprising that they have closed, given that the accounts/projections show they were on target and were not due to raise more capital. Something a little odd here - but then this is a Crowdcube story.

The company isn't technically closed yet. First gazette posted.