Stakeholderz successfully closes first venture deal
The unique equity crowdfunding platform Stakeholderz announced the success of its first fundraising campaign. This first venture deal saw Welsh start-up Vortex IoT raising £500k to fund its work in delivering innovative “Internet of Things” solutions into the Heavy Industry, Smart Infrastructure and Rail Infrastructure sectors.
With a focus on designing and building sensors for harsh environments where conditions are hostile, power supply is limited, and data security is critical, Vortex IoT is paving the way to an AI-led future in industry. The Industrial Internet of Things (IIoT) is now major trend, with a visible impact on the global economy; research suggests that the value of the IIoT could reach $15 trillion of global GDP by 2030.1
Stakeholderz supports such vital innovations by bringing together high quality ventures, senior executive talent, and an experienced angel investor base. The platform uniquely leverages the network and database of Intramezzo, an international executive search firm that specialises in placing senior executives into high-growth technology ventures. This was especially prevalent in fundraising for Vortex IoT as two NEDs who have been known to Intramezzo for a number of years were integral in propelling the fundraising campaign to success.
The Stakeholderz curation process begins with the Venture Committee, made up of experienced executives, who screen selected UK technology ventures for the platform. The proposal made by the venture is also analysed by an FSA authorised signatory to ensure it is clear, accurate and not misleading.
Vortex IoT were introduced to over 100 members of the Stakeholderz investor community, the public platform is also available to anyone in the UK who wants to make an investment in any future ventures.
It was the idea of Intramezzo’s Dermot Hill to develop crowdfunding platform with a difference; combining investment with talent.
Dermot Hill, CEO of Stakeholderz and founding director of Intramezzo:
“We were thrilled to participate in the fundraising campaign with Vortex IoT.The success of this first campaign has proven that our selective ‘curation’ process works, joining the best ventures with angel investors and the best people.
The fund raise completed in eight weeks, four weeks ahead of schedule we are truly looking forward to seeing the fantastic innovations and new client wins Vortex IoT will make with this investment. Also, huge congratratulations also to Adrian Sutton, Managing Director of Vortex IoT, who won IOD Wales’ Start-Up Director of the Year for 2018, during the fund raising period. ”
The UK is very much open for business, with record amounts being invested into UK high-growth businesses – crowdfunding continues to outperform government and angel networks, with over £50.4 million of investment in the first quarter of 2018.
Stakedholderz is focused on championing high quality ventures in all tech sectors including fintech, healthcare, teleconmmunications, information technology, and energy. Following the successful participation in Vortex IoT’s campaign, further investment opportunities will be released soon as a number of ventures are entering the final stages of the Stakeholderz screening and listing process.