Crowdfunding success for home and office hospitality platform HOMETAINMENT
by Startacus Admin
HOMETAINMENT raises almost £400k following a successful crowdfunding round to support further growth and international expansion.
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Home entertainment and hospitality platform, HOMETAINMENT, has announced it has raised nearly £400,000 (£390,000) in funding through a crowdfunding campaign and is set to scale in London and abroad.
The funding round, which was run via Crowdcube, exceeded its minimum target of £350,000 with 200 investors and was overfunded by 11%, raising a total of £390,309. The platform had a pre-money valuation of £3,000,000.
Launched in June 2021, HOMETAINMENT is on a mission to change the future of entertainment and hospitality at home and is tapping into the UK catering services sector worth £1.4bn and expected to grow by 165% in the next year.
The platform is aiming to revolutionise the HOME entertainment experience by bringing exceptional quality hospitality experiences into people's HOMES, and create living memories for its guests. The company provides exclusive access to a select group of people who really know how to entertain from as little as £250, from Michelin star private chefs for an unforgettable dinner party, and international mixologists for an extraordinary cocktail garden party, to Café del Mar DJs, childrens entertainers and even expert tarot card readers.
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With over 2300 guests served since June 2021 and major partnerships signed, HOMETAINMENT will use the funding to scale in both London and abroad, as well as expand its offering of new experiences.
HOMETAINMENT has recently secured agreements with leading VIP concierge companies such as Quintessentially and Velocity Black, as well as high-end serviced apartment groups including Cheval Collection, Living Rooms and Greystar.
Speaking on the funding round, Antoine Melon, commented:
“We are very proud to have completed and overfunded our Crowdcube campaign. To complete our crowdfunding after just a year of operation is a great achievement. It sanctions a year of hard work from all the people who have supported us and believed in us, especially our experts - the ‘HOMEtainers’.
“So a huge thank you to our investors, to our HOMEtainers, to our partners, advisors and our family & friends, you are the robust ecosystem which motivates and drives us on our journey to change the future of home entertainment and to bring back the magic of Hosting at Home, bringing together friends and family, enjoying memorable experiences in a safe and comfortable environment.”
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Published on: 24th August 2022
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