UK Spiritual Guidance start-up raises £400,000
PSY Ventures, a start-up based in the UK, which develops mobile games and websites that provide daily spiritual guidance such as Daily Horoscopes and Free Tarot Readings has completed a Series-A investment round of £400,000. The money was raised from angel investors Giga Holdings Ltd.
Adam Grunwerg, co-founder of PSY Ventures said: “There is a high demand for digital products that provide clarity and daily guidance for users. In 2017, Apple’s App of the year was “Calm”, a meditation app with more than 14 million downloads to date. We believe that we can achieve similar results for our business.”
The HouseShop looks to raise £500,000
TheHouseShop, the UK based digital property platform has launched a crowd funding campaign on Crowdcube and has already, in its pre launch phase, raised 50% of its target of £500,000 (4.76% equity offered on pre-funding valuation of £10m).
TheHouseShop was created in 2016 with the aim of bringing the entire property market under one roof, by ex-MD of CitiGroup, Sebastien Golde in 2016 by ex-MD of CitiGroup, Sebastien Goldenberg, and property entrepreneur, Nick Marr. The business model allows private individuals and estate agents free access to the platform, creating a marketplace where private and professional players sit alongside one another.
Nick Marr, co-founder of The House Shop said: “We’ve always loved the idea of offering our customers and the general public the chance to own a share in the company, but the timing has never been quite right, until now. The property market has changed dramatically over the past couple of years, but no one else seems to have developed a platform that works equally for everyone involved in the market. Unlike the big agent-only portals, we work with both private individuals and professional estate agents. We wanted to make sure that our offering to agents was just as attractive and valuable as our offering to the general public. We believe that traditional estate agents still have a crucial role to play in the market and we want to help agents grow their businesses and reach an alternative audience by working with us. We are all about inclusivity and we don’t exclude any section of the market.”
Sebastien Goldenberg, chief executive officer said: “The predicted growth in the private rental market over the next five years presents a huge opportunity for us. Demand for private landlords is at an all-time high and we’ve seen the number of DIY landlords using our platform sky-rocket over the past two years. Without a doubt, the private rental market will be a key growth area for the industry over the next 5-10 years – and we are perfectly placed to take full advantage of this.”