Six months after its first record breaking exit, Spreds announces the official exit of its participation in the company iReachm.com. This exit has enabled investors to make a 36% profit.
A unique fundraising
In February 2015, iReachm finalises its crowdfunding campaign on the investment platform MyMicroInvest (now Spreds) and succeeds in raising €66,528 thanks to 83 investors. iReachm then becomes the first Belgian B2B project in a prototype phase to finalise a successful crowdfunding campaign.
Since then, iReachm.com has been able to develop its products and prove its commercial model thanks to its 3,500 users. This buyout is part of a second successful capital round led by none other than Koramic Holding. iReachm.com succeeded in convincing the "serial entrepreneur" Christian Dumolin of their international ambitions, which they will soon accomplish. A nice evolution for this young start-up.
"I would recommend this experience to every person willing to raise funds. I really felt the entrepreneurial spirit at Spreds - an important factor that differentiates them from other crowdfunding platform. The team was able to create a campaign that attracted investments rather than clients. They are very good at what they do." - Peter Staveloz, founder of iReachm.com.
The platform's second exit
After Yoga Room in October 2017, it's iReachm.com's turn to reward its investors. Indeed, only 5 months after the record breaking exit on the platform, Spreds is proud to share this second success with its members.
Thanks to the fundraising that took place in 2015, the investors have been able, in less than 3 years, to make a 36% profit. "The team worked very hard to reach this new chapter. Thanks to the support of our first crowd investors, we have been able to carry out their business plan. We are proud to offer our investors an interesting return on their investment and would like to thank them for their trust in iReachm.com and Spreds." - Peter Staveloz.
Supporting Belgian entrepreneurship
"One of our objectives has always been to allow our members to take part in the development of Belgian entrepreneurship while diversifying their investments in start-ups and scale-ups in order to optimise their return on investment. This exit is a great example and has allowed us to reward our investors for their support during this adventure" explains Charles-Albert de Radzitzky, CEO of Spreds.
Indeed, Spreds offers individuals the possibility to invest in innovative projects for which they see true potential. Since September 2017, two types of financings are offered to the platform's members:
- Investment in individual campaigns present on the platform (minimum ticket of €100 per start-up).
- Investment through the diversification tool "Tracer" which allows the members to get priority access to a predefined number of start-ups while minimizing their risk (minimum ticket of €1000 per start-up).
Please read this before investing through Spreds:
Investing carries serious risks, including partial or total loss of capital. Please invest responsibly.
Spreds runs a crowdfunding platform that enables the public to finance innovative companies by participating in their capitalization. The proposed investment, for a minimum amount of 100 EUR, comes in the form of Notes issued under Belgian law, which represent a claim against the issuer, Spreds Finance, a public limited company under Belgian law headquartered at 5 Place Sainte Gudule, 1000 Brussels (n° 0538.839.354, R.P.M. Nivelles).
The total amount brought in at the end of the offer shall be used by Spreds Finance to subscribe to a capital increase or loan grant in the company/companies listed and promoted above. They are denominated in Euros. They do not offer any guarantee of yield or of reimbursement of capital. The Notes have an unlimited duration and the return on investment depends entirely on the performance of the investment made via the proceeds of the Notes issued by Spreds Finance.
The nominal value of the Notes corresponds to the sum of the subscription and does not include the costs of the issue nor the payment of expenses described below. Spreds Finance charges an additional subscription fee amounting to 5% of the nominal amount only for equity operations, excluding loan operations.
The Noteholders bear the Expenses Relating to the Underlying Assets. The investors should be taxed on the income paid by Spreds Finance as if such income were paid directly to them (dividends and interests are subject, as a general rule and for private individuals who are Belgian residents, to a withholding tax of 30%, pursuant to article 269 of the Income Tax Code, or to capital gains tax).
We strongly advise you to read the Terms of Investment carefully before purchasing Notes, and in particular, to consider the risk factors that are described therein. We draw the attention of the potential investor to the fact that there is a risk that the goals of the company/companies will not be reached, which might lead to a substantial reduction in the expected revenue and thus incur a risk of insolvency or at least of low yield, and even zero or negative yield.
Any complaint relating to an investment in the Notes can be addressed to the headquarters of the issuer indicated above or to the Service de Médiation pour le Consommateur, Boulevard du Roi Albert II 8 - 1000 Brussels, tel.: +32(0)2.702.52.20, fax: +32(0)2.808.71.29, email: email@example.com