Malaysia’s SalesCandy raises US$355K through crowdfunding platform pitchIN
With this, the total investment raised by various companies via pitchIN has reached US$2.8 million
(L-R) Jeffry Chan and Stanley Chee, Founders of SalesCandy
Malaysia’s pitchIN has closed its 10th deal of this year, with SalesCandy raising RM1.5 million (US$355,ooo) from 54 investors via the equity crowdfunding platform (ECF).
With this, the total investment raised by companies via pitchIN has crossed the RM12 million (US$2.8 million) mark, it said in a press release.
Sam Shafie, pitchIN CEO, said: “We are pleased that pitchIN’s focus on bringing interesting fundable deals to investors has resulted in being responsible for nearly 60 per cent of the successful Malaysian ECF deals in 2017. We are grateful to the 623 investors, of all types, large and small, who have invested to date in deals on the pitchIN ECF platform. pitchIN is not done for the year. Investors can look forward to more deals on pitchIN Equity before the end of 2017.”
SalesCandy is a sales performance and lead management CRM. The firm claims it is capable of instantly routing leads from various sources such as Facebook Lead Ads, web forms and chat bots directly to the salespeople’s mobile phone and automatically updating lead statuses with the actions taken by the salespeople.
Launched in March 2016, pitchIN is a crowd funding platform for people who want to raise money to launch their creative and innovative projects. pitchIN is a not about investment or lending. Here, ideas and projects are pitched to the public for funds. In exchange, those who support the idea (via pledges) will get rewards from project owners.
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A project must reach its funding goal within a stipulated time or no money changes hands.
Importantly, pitchIN is also about a community for independent artists, young startups and entrepreneurs to share their passion with others, be discovered, get support and help each other.
PitchIN has funded 14 deals till date.
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