Mylor Ventures Angel Network (MyVAN) helps Rentivo raise £360k on Crowdcube
Working with the management of Rentivo, MyVAN has helped fund Rentivo’s recent fundraise on Crowdcube, which overfunded by 30%.
Rentivo is a vacation rental marketing platform that provides software as a service to home owners, managers and rental agencies to help streamline their online marketing and business workflows. Their vacation rental software allows home owners and agents to build their own websites, integrate Rentivo’s enquiries platform to other rental websites and also list their website on Rentivo’s main platform.
MyVAN believe that pump-priming the investment on Crowdcube was crucial in obtaining further funding from the crowd. This further re-enforces our view that crowdfunding can work very well with angel funding and act as a capital multiplier.
The management of Rentivo were particularly active and skilled in ensuring this fundraise was a success.