# Crowdit App

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crowdit-app

- Industry: Travel & Leisure
- Headquarters: London, UK
- Website: www.crowditapp.com
- Total disclosed funding: $2M
- Latest round: Seed (Nov 6, 2015)
- Investors on record: 1

## About

Crowdit App is a London-based platform that enhances user engagement through community-driven crowdfunding solutions, connecting startups and small businesses with potential investors.Crowdit App was founded in 2012 and operates from London, UK. The company focuses on providing a digital platform for crowdfunding initiatives. In November 2015, Crowdit App secured USD 2 million in Seed funding led by First Eastern Investment. The company has engaged in 2 deals since its inception. The founder's history is not detailed in the available information.Crowditapp.com specializes in providing a platform geared towards enhancing user engagement through innovative digital solutions. The core product suite includes a comprehensive application designed to facilitate community-driven crowdfunding initiatives, targeting small businesses and startups seeking to raise capital. The application streamlines the fundraising process by offering tools for project promotion, donor engagement, and transaction management. The primary market for Crowditapp's services spans North America and Europe, catering to emerging entrepreneurs, local businesses, and socially-conscious investors.Revenue generation for Crowditapp.com primarily occurs through subscription-based services and transaction fees associated with crowdfunding campaigns hosted on its platform. Clients subscribe to different service tiers that offer varying levels of support, features, and promotional tools. Each successful fundraising campaign incurs a percentage fee of the total funds raised, linking the company's financial success to the performance of its clients' fundraising efforts.Crowdit App plans to leverage the USD 2 million raised in Seed funding to enhance its platform and explore new product features aimed at improving user experience. Additionally, the company aims to expand its services into emerging markets in Asia and South America by 2025, targeting entrepreneurs in these regions seeking crowdfunding support. The funding will be instrumental in developing new functionalities and marketing efforts to facilitate this expansion.

## Funding rounds

- Seed, Nov 6, 2015, $2M — First Eastern Investment

## Investors

- First Eastern Investment (https://capitalatlas.ai/funds/first-eastern-investment) — Seed