FundedByMe expands internationally, opens office in Dubai.
FundedByMe, a Stockholm, Sweden-based company managing a crowdfunding platform for equity investments, announced its expansion of International operations by opening an office in Dubai.
The announcement comes shortly after the company announced the start of operations in LatAm by opening an office in Mexic.
FundedByMe, founded in 2014 by CEO Daniel Daboczy, is one of the few companies from Scandinavia managing a crowdfunding platform offering capital through equity crowdfunding. According to the company, via its service there were 463 companies from 25 different countries which had been successfully funded with more than €39 million.
In 2017, FundedByMe announced also that its competitor from Finland, Privanet, acquired 33.4% of their Finnish operations. FundedByMe raised more than $1M in outside funding, with investors inlcuding Aggregate Media, Anette Nordvall, Mikael Pawlom Peter Sjunnesson or Pontus Frohde.