Suit that Fits is raising its own funding on its own site just 10 months after taking over £800k from Crowdcube.
A Suit that Fits has launched its own funding exercise, under the shade of Envestors' FCA license, having achieved little that the Crowdcube £800k pitch promised less than a year ago
One thing the Crowdcube pitch did not show was a new funding round. This after the amount in the pitch financials to make this business work was stated at only £500,000 against the achieved £800,000 plus. Now they need another £500k at approximately the same valuation.
The new prospectus shows that the company has strayed off the path they...
This is a premium article. You need to be an ECF.BUZZ member to read the full thing. Join now for only £3 per month!
Tuesday September 13, 2016
Hardman and Co’s Brian Moretta in conversation with ECF Buzz Founder Rob Murray Brown on start up investing, equity crowdfunding and what’s a good read.